Issue - meetings

LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE

Meeting: 30/07/2024 - Pensions Committee (Item 7)

7 LOCAL GOVERNMENT PENSION SCHEME (LGPS) UPDATE pdf icon PDF 597 KB

Additional documents:

Minutes:

The Senior Manager, Operations, presented the report of the Director of Pensions which provided an overview of changes affecting governance of the Local Government Pension Scheme (LGPS). These included a new General Code of Practice.

 

Members queried aspects of the Code and thanked officers for the amount and quality of work done and for following the best practice.

 

Resolved – That

(1)  the administration and governance changes to the LGPS, to ensure continued compliance with legislation, statutory guidance, and industry codes of practice, be noted;

the excellent work of the team and progress made be noted.