Agenda

Cumbria Fire Local Pension Board
Tuesday, 24th November, 2015 1.00 pm

Venue: Kraemer Room, The Courts, Carlisle, CA3 8NA. View directions

Contact: Gill Welbourn  Email: gill.welbourn@cumbria.gov.uk

Items
No. Item

PRELIMINARY MATTERS

  • Introductions

 

  • Code of conduct requirements

 

  • Appointment of chair and vice chair

1.

APOLOGIES FOR ABSENCE

To receive any apologies for absence.

2.

EXCLUSION OF PRESS AND PUBLIC

To consider whether the press and public should be excluded from the meeting during consideration of any items on the agenda.

3.

MEMBERSHIP AND TERMS OF REFERENCE pdf icon PDF 58 KB

To note the appointment of the Chair (Cllr Barry Doughty) and propose, from the members of the Board representing members of the Scheme, a Vice-Chair.

4.

GOVERNANCE REQUIREMENTS TO ESTABLISH THE FIRE LOCAL PENSION BOARD pdf icon PDF 550 KB

  • Firefighters’ Pension Administration Arrangements

 

The 2015 Firefighters’ Pension Scheme regulations require the LPB to assist the Scheme Manager in ensuring the effective and efficient governance and administration of the scheme.  This is, potentially, a wide ranging role and allows, for instance, the LPB to look at the governance of all procedures and systems underpinning the administration of the scheme.

 

Since 1st February 2011, the Scheme has had Lancashire County Council’s “Your Pension Service, YPS” as administration providers.  We are currently in the process of reviewing this current collaborative arrangement and will bring the revised collaborative agreement to the next meeting.

 

A presentation from Julie Wigg, YPS, will be given to the LPB at today’s meeting (Agenda Item 7), that will allow members to ask Julie any questions on the service being provided.

 

  • To consider a report from the Assistant Director – Finance.

5.

DISCLOSURES OF INTEREST

Members are invited to disclose any disclosable pecuniary interest they have in any item on the agenda which comprises

 

1          Details of any employment, office, trade, profession or vocation carried on for            profit or gain.

 

2          Details of any payment or provision of any other financial benefit (other than from the authority) made or provided within the relevant period in respect of any expenses incurred by you in carrying out duties as a member, or towards your election expenses.  (This includes any payment or financial benefit from a trade union within the meaning of the Trade Union and Labour Relations (Consolidation) Act 1992.

 

3          Details of any contract which is made between you (or a body in which you have a beneficial interest) and the authority

 

(a)       Under which goods or services are to be provided or works are to be executed; and

 

            (b)       Which has not been fully discharged.

 

4          Details of any beneficial interest in land which is within the area of the authority. 

 

5          Details of any licence (alone or jointly with others) to occupy land in the area of the authority for a month or longer. 

 

6          Details of any tenancy where (to your knowledge)

 

            (a)       The landlord is the authority; and

 

            (b)       The tenant is a body in which you have a beneficial                                                         interest.

 

7          Details of any beneficial interest in securities of a body where

 

(a)       That body (to your knowledge) has a place of business or land in the    area of the authority; and

 

 

(b)       Either –

 

(i)      The total nominal value of the securities exceeds £25,000 or one            hundredth of the total issued share capital of that body; or

 

(ii)     If that share capital of that body is of more than one class, the total nominal value of the shares of any one class in which the relevant person has a beneficial interest exceeds one hundredth of the total issued share capital of that class.

In addition, you must also disclose other non-pecuniary interests set out in the Code of Conduct where these have not already been registered.

 

Note

 

A “disclosable pecuniary interest” is an interest of a councillor or their partner (which means spouse or civil partner, a person with whom they are living as husband or wife, or a person with whom they are living as if they are civil partners).  

 

 

6.

MINUTES

This is the first meeting of the Board therefore there are no minutes of previous meetings.

7.

FUTURE MEETINGS

Dates of future meetings of the Board are proposed:-

 

·        March 2016 (be confirmed),

·        September 2016 (to be confirmed).

8.

TRAINING - AN OVERVIEW OF FIRE PENSION SCHEME

  • Information briefing session to be delivered by Finance Manager – Regulatory and Benefits.
  • Overview of Pensions Administration service to be delivered by Julie Wigg – Partnerships Manager, Your Pension Scheme (YPS)

9.

NEW POLICY ON REPORTING BREACHES TO THE PENSION REGULATOR pdf icon PDF 370 KB

  • To consider a report from the Assistant Director – Finance.

10.

KEY FUND AND WIDER GOVERNANCE DOCUMENTS

Documents to be distributed in the meeting:

 

 

A.     Cumbria County Council Audited Annual Financial Report  2014/15

B.     Grant Thornton – The Audit Findings for Cumbria County Council year ended 31 March 2015

C.    Your Pension Service (YPS) Annual Administration Report 2015

D.    Lancashire County Council  Internal Audit Report - Pension Administration Cumbria County Council  - Final Report, April 2015

E.     Cumbria Fire Pension Scheme Discretions Policy (Draft)

F.     Code of Practice no.14 – Governance and Administration of Public Sector Pension Schemes

G.    Listing of useful websites and information sources