Decision Maker: Pension Fund Committee
Decision status: For Determination
Is Key decision?: No
This report relates to the review of the
Lancashire County Council Constitution and the Terms of Reference
for the Pension Fund Committee.
Mr M Neville, Senior Democratic Services Officer, presented a report on the updated Terms of Reference for the Committee (approved by Full Council on 17th October 2024) and noted that some minor amendments would be made in relation to the Appendix - 'Matters reserved under the Local Pensions Partnership Ltd Shareholder Agreement'. The Head of Fund also referenced the proposal to authorise the Director of Finance and Commerce to take decisions regarding the approval of payments under the County of Lancashire Act 1984.
Resolved:
1. That the Terms of Reference, as approved by Full Council on 17 October 2024, and set out at Appendix 'A' to the report presented, are noted and that an amended copy be circulated to all Committee members in due course for future reference.
2. That the Director of Finance and Commerce be authorised to approve payments under the County of Lancashire Act 1984 in accordance with the Scheme of Delegation to Heads of Service.
Divisions Affected: None;
Contact: Mike Neville Email: mike.neville@lancashire.gov.uk Tel: (01772) 533431.
Report author: Mike Neville
Date of decision: 06/12/2024
Decided at meeting: 06/12/2024 - Pension Fund Committee
Accompanying Documents: