Agenda and minutes

Venue: Hendon Town Hall, The Burroughs, London NW4 4BQ. View directions

Contact: Paul Frost - 0208 359 2205  Email: Paul.Frost@Barnet.gov.uk

Note: Public Questions and Comments must be submitted by 10am on the third working day before the meeting. The deadline for this meeting is 10am on Friday 20 January. 

Items
No. Item

1.

Minutes of last meeting pdf icon PDF 84 KB

2.

Terms of Reference for the London Borough of Barnet Pension Board pdf icon PDF 89 KB

3.

Disclosable Pecuniary interests and Non Pecuniary interests

4.

Absence of Members

5.

Public Question and Comments (if any)

6.

Report of the Monitoring Officer (if any)

7.

Members' Items (if any)

8.

Report of the Monitoring Officer (if any)

9.

Local Pension Board - Work Plan Review January pdf icon PDF 238 KB

    Additional documents:

    Minutes:

    The Head of Treasury introduced the report.  He set out the proposed revised workplan as highlighted in Appendix 1.

     

    The Board noted that administration items were an important function of the Local Pensions Board and therefore it was requested that such items are brought forward.

     

    Mr Hem Savla noted that on page 11 of the Terms of Reference outlines responsibility of the administration of the Pensions Fund. He outlined that effectiveness and efficiency of administering LGPS should be published annually. He also stated that he had found errors in the 2014/15 annual benefit statements and requested that this should be reported to the Local Pensions Board which was noted.

     

    The Governance Officer in attendance noted that training material had been provided and therefore he requested that Local Pensions Board Members confirm if they wish to attend any relevant training.   The Head of Treasury stated that a briefing session could take place prior to the next meeting of the Local Pensions Board.

     

    Having considered the report the Local Pensions Board:

     

    Resolved:

    • That the Local Pensions Board approved the workplan as highlighted within appendix A
    • That the Head of Human Resources be instructed to submit a report that outlines the administration functions.

    ·       That the Local Pensions Board requested that training be provided on the administration of the Local Pensions Scheme

10.

Update on Admitted Bodies Organisations_cover report pdf icon PDF 241 KB

11.

Barnet Council Pension Fund Performance for Quarter July to September 2016 pdf icon PDF 257 KB

12.

Pension Fund Admission Body Agreement- cover report pdf icon PDF 241 KB

13.

Pension Fund Actuarial Review - cover report pdf icon PDF 242 KB

14.

Pension Fund Risk Register - cover report pdf icon PDF 241 KB

15.

Committee Work programme pdf icon PDF 156 KB

17.

Investment Strategy Review - cover report pdf icon PDF 253 KB

18.

Any other item(s) the Chairman decides are urgent