Issue - meetings

MERSEYSIDE PENSION FUND BUDGET OUT-TURN 2021/22 AND FINAL BUDGET 2022/23

Meeting: 22/06/2022 - Pensions Committee (Item 9)

MERSEYSIDE PENSION FUND BUDGET OUT-TURN 2021/22 AND FINAL BUDGET 2022/23

Additional documents:

Minutes:

The Director of Pensions presented his report which provided the Pension Fund budget report with proposed budget for 22/23 and confirms the outturn for 21/22.

 

In answer to Members’ questions, it was clarified that investment management fees were the principal difference between the budget and outturn as they were percentage based and so increased as assets increased.

 

Resolved –

That the out-turn for 2021/22 and the finalised budget for 2022/23 be noted.