Agenda and minutes

Pensions Board
Friday, 28th June, 2019 1.00 pm

Venue: Ivanovo Room - County Buildings. View directions

Contact: Mike Bradbury  Email: michael.bradbury@staffordshire.gov.uk

Items
No. Item

22.

Apologies

23.

Declarations of Interest

Minutes:

There were no declarations of interest on this occasion.

24.

Minutes of the Meeting held on 15 March 2019 pdf icon PDF 68 KB

Minutes:

The Board were informed that there have been several expressions of interest for the vacancies on the Pensions Board and they will meet with the Chairman and Melanie Stokes, Head of Treasury & Pensions on 19 July 2019. It was also reported that Cllr Gordon Alcott has been reappointed to the Pensions Board as the elected local authority representative for a further four years.

 

RESOLVED – That the minutes of the meeting held on 15 March 2019 be confirmed and signed by the Chairman.

 

25.

Matters arising from Pensions Committee meetings on 15 March 2019 and 28 June 2019

·         Pensions Committee – Minutes of the meeting held on 15 March 2019

·         Pensions Committee – Meeting held on 28 June 2019

Minutes:

The Board were informed that the Pensions Committee had requested that the Board continue to undertake light touch scrutiny of the Fund’s Risk Register.

 

RESOLVED – That the Pensions Board continue to undertake light touch scrutiny of the Fund’s Risk Register.

 

26.

Pensions Board Annual Report 2018/19 pdf icon PDF 280 KB

Minutes:

The Board were presented with the Draft Pensions Board Annual Report 2018/19 for comments and approval.

 

RESOLVED – That the Pensions Board Annual Report be approved.

 

27.

Dates of Future Meetings

·         12 July 2019 (Joint training with the Pensions Committee)

·         27 September 2019

·         8 November 2019 (Joint training with the Pensions Committee)

·         17 December 2019

·         27 March 2020

Minutes:

The dates of the future meetings were highlighted to the Board. The Board requested early sight of the meeting dates for the next financial year, even if these were provisional.

 

The Chairman explained that he would not be available for the December meeting.

 

RESOLVED – That (a) the dates of the future meetings be noted.

 

(b) an indication of meeting dates for 2020/21 be provided and sent to the Pensions Board.

 

28.

Exclusion of the Public

The Chairman to move:-

 

‘That the public be excluded from the meeting for the following items of business which involve the likely disclosure of exempt information as defined in the paragraphs of Part 1 of Schedule 12A of the Local Government Act 1972 (as amended) indicated below’.

 

PART TWO

 

Minutes:

RESOLVED – That the public be excluded from the meeting for the following items of business which involve the likely disclosure of exempt information as defined in the paragraphs of Part 1 of Schedule 12A (as amended) of the Local Government Act 1972 indicated below.

29.

Exempt Minutes of the Meeting held on 15 March 2019

(Exemption paragraph 3)

Minutes:

(Exemption paragraph 3)

30.

Exempt Matters Arising From Pensions Committee meetings on 15 March 2019 and 28 June 2019

(Exemption paragraph 3)

 

·         Pensions Committee – Exempt Minutes of the meeting held on 15 March 2019

·         Pensions Committee – Meeting held on 28 June 2019

 

Minutes:

(Exemption paragraph 3)

31.

Pension Fund Audit Reports

(Exemption paragraph 3)

 

  • Pension Fund Governance – Final Audit Report 2018/19
  • Pension Fund Administration – Final Audit Report 2018/19

 

Report of Staffordshire County Council Internal Audit Service and presentation by Chief Internal Auditor

 

Minutes:

(Exemption paragraph 3)