The Head of Pensions (Finance and Risk) introduced the report of the Director of Pension to the Committee. The purpose of the report was to request that Members approved the budget for Merseyside Pension Fund (MPF) for the financial year 2024/25.

Resolved – That the Committee,

(1)  Approve the budget for 2024/25 subject to a review of charges from the administering authority for support services.

(2)  A further report on the outturn for 2023/24 with finalised estimates, in particular for departmental & central support charges and any known changes in supplies and services for 2024/25, be presented to Members of Pensions Committee at a future meeting.