The Chair presented his report which reviewed the work and performance of the Board and its members between 1 April 2022 to 31 March 2023 and a proposed Work Plan for 2023-2024.

He commended the way that all members of the Board paid an active part in its work, and the support and consistency of officers. It was noted that the Fund had been recently contacted in relation to its Funding Strategy Statement by a member of the Scheme Advisory Board’s reporting workstream as an example of best practice in relation to its Funding Strategy Statement which the Chair had also commended in his review.

Resolved –That

(1)  the Pension Board Review 2022-2023 be approved;

(2)  the proposed Work Plan for 2023-2024 be noted;

(3)  this report be referred to the Pensions Committee for its consideration.