Issue - meetings
PENSIONS ADMINISTRATION STRATEGY
Meeting: 24/09/2024 - Local Pension Board (Item 23)
23 PENSIONS ADMINISTRATION STRATEGY PDF 102 KB
Additional documents:
- Enc.1 for PENSIONS ADMINISTRATION STRATEGY, item 23
PDF 151 KB
- Enc. 2 for PENSIONS ADMINISTRATION STRATEGY, item 23
PDF 601 KB
Minutes:
The Head of Pensions Administration introduced the report of the Director of Pensions which provided Board members with a copy of the Pensions Administration Strategy (PAS) report which was to be reported to the September meeting of the Pensions Committee. The PAS had been updated to reflect the transition from annual to monthly data submissions and developments in the automation of exchanging data.
In response to Board members queries regarding how payment is received from employers in cases where they have been charged for administration, the Head of Pensions Administration outlined that officers work with employers to support them with any issues in the first instance however if the issue was to persist then MPF would invoice for the charges.
Resolved – That the report be noted.