Issue - meetings
LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE
Meeting: 28/09/2022 - Local Pension Board (Item 21)
21 LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE PDF 362 KB
Additional documents:
- Enc. 2 for LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE, item 21 PDF 508 KB
- Webcast for LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE
Minutes:
The Head of Pensions Administration presented the report of the Director of Pensions which provided details of developments in the Local Government Pension Scheme (LGPS), specifically the publication of a Written Ministerial Statement confirming the Government’s continued provision of a guarantee to the Local Government Pension Scheme (LGPS) in respect of Academy Trusts. The report was to go to the Pensions Committee.
In response to questions, it was confirmed that
· the fund had been successful in recovering a debt,
· the Department for Education offered a guarantee although closures were rare.
Resolved:
The report be noted.