Issue - meetings

ROPERTY PORTFOLIO RENT ARREARS AND WRITE OFFS

Meeting: 22/02/2023 - Local Pension Board (Item 26)

26 PROPERTY PORTFOLIO RENT ARREARS AND WRITE OFFS pdf icon PDF 203 KB

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Minutes:

The Head of Finance and Risk for Merseyside Pension Fund presented the report of the Director of Pensions which provided a copy of a report regarding the write-off of irrecoverable property rent arrears that had been taken to the Pensions Committee meeting. It was noted that it concerned three tenants out of 160 in total, and the three companies had either gone into administration or liquidation and impacted due to the Covid-19 pandemic.

 

Resolved – That the report be noted.