Agenda and minutes

Pensions Board
Tuesday, 18th December, 2018 1.00 pm

Venue: Ivanovo Room - County Buildings. View directions

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

Items
No. Item

1.

Apologies

2.

Declarations of Interest

Minutes:

There were no declations of interest on this occasion.

3.

Minutes of the Meeting held on 27 September 2018 pdf icon PDF 109 KB

Minutes:

RESOLVED – That the minutes of the meeting held on 27 September 2018 be confirmed and signed by the Chairman

 

4.

Matters arising from:

·       Pensions Committee – Minutes of the meeting held on 27 September 2018

·       Pensions Committee – Meeting held on 18 December 2018

Minutes:

The Board discussed the LGPS Asset Pooling Arrangements - Audit Assurance Framework which had been considered at the Pensions Committee meeting on 18 December 2018.  They noted that Staffordshire County Council’s Internal Audit Service had led on the development of an Assurance Framework applying the three lines of defence model, focusing on the management controls, oversight governance arrangements and independent assurance required to provide assurance to Partner Funds that potential risks regarding pooling had been considered and were mitigated.  The Board discussed how the Audit work would be shared amongst the partner funds and requested that both internal and external audit reports in relation to the Pool be shared with the Board

 

RESOLVED – That the internal and external audit reports on the administration of the Pool be brought to the board as and when available.

 

5.

Dates of Future Meetings

·       15 March 2019

·       28 June 2019

·       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:

RESOLVED – That the dates of future meetings be noted.

6.

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 paragraph of Part 1 of schedule 12A of the Local Government Act 1972 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 paragraph of Part 1 of schedule 12A of the Local Government Act 1972 indicated below.

 

7.

Exempt Minutes of the Meeting held on 27 September 2018

(Exemption paragraph 3)

Minutes:

(Exemption paragraph 3)

 

8.

Exempt Matters Arising From the meetings of the Pensions Committee on 27 September and 18 December 2018

(exemption paragraph 3)

 

·       Pensions Committee – Minutes of the meeting held on 27 September 2018

·       Pensions Committee – Meeting held on 18 December 2018

Minutes:

(Exemption paragraph 3)

9.

LGPS Central Local Pension Board Chairs Meeting - 10 October 2018

(Exemption paragraph 3)

 

Oral report from Gordon Alcott

Minutes:

(Exemption paragraph 3)

10.

Breaches and Disclosure of Information - Annual Benefit Statements (ABS)

(Exemption paragraph 3)

 

Report of Director of Finance and Resources

Minutes:

(Exemption paragraph 3)

11.

Data Scores and Draft Data Improvement Plan Summary

(Exemption paragraph 3)

 

Report of Director of Finance and Resources

Minutes:

(Exemption paragraph 3)