Agenda

Cumbria Pensions Committee
Thursday, 7th March, 2019 9.30 am

Venue: Cumbria House, Carlisle

Contact: Nicola Harrison  Email: nicola.harrison@cumbria.gov.uk

Items
No. Item

1.

APOLOGIES FOR ABSENCE

To receive any apologies for absence.

2.

terms of Reference and Membership

To note the Terms of Reference and membership of the Committee

3.

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).

4.

EXCLUSION OF PRESS AND PUBLIC

To consider whether there are any items on the agenda for which the press and public should be excluded.

5.

MINUTES pdf icon PDF 307 KB

To confirm as a correct record the minutes of the Cumbria Pensions Committee held on 10 December 2018

6.

REPRESENTATION FROM NON COUNTY COUNCIL EMPLOYERS AND DISTRICT COUNCILS

This is a standing item.  To receive concerns, queries and comments from the Cumbria Pensions Board, scheme employees, including the public.

7.

SCHEDULE OF FUTURE MEETINGS pdf icon PDF 137 KB

To receive for information a schedule of future meetings of the Cumbria Pensions Committee

8.

Minutes of Cumbria LGPS Local Pensions Board meeting held on 31 January 2019 pdf icon PDF 253 KB

To note the minutes of the Cumbria LGPS Board meeting held on 31 January 2019

9.

minutes of the BCPP Joint Committee meeting held on 21 November 2018 pdf icon PDF 136 KB

To note the minutes of the BCPP Joint Committee meeting held on 21 November 2018

10.

Update on Developments with Border to Coast (Part 1 Items) pdf icon PDF 218 KB

To consider a report from the Director of Finance (Section 151 Officer).

 

11.

MONITORING REPORT FOR THE QUARTER ENDED 31ST DECEMBER 2018 - PART 1 pdf icon PDF 384 KB

To consider a report from the Director of Finance (Section 151 Officer).

 

Additional documents:

12.

DRAFT PENSIONS BUSINESS PLAN AND ADMINISTRATION BUDGET 2019/20 pdf icon PDF 462 KB

To consider a report from the Director of Finance (Section 151 Officer).

 

13.

PREPARATIONS FOR 2019 TRIENNIAL VALUATION pdf icon PDF 205 KB

To consider a report from the Director of Finance (Section 151 Officer).

 

14.

CUMBRIA LGPS DATA QUALITY REVIEW pdf icon PDF 374 KB

To consider a report from the Director of Finance (Section 151 Officer).

 

15.

CUMBRIA LOCAL GOVERNMENT PENSION SCHEME FUND POLICY DOCUMENT ANNUAL REVIEW pdf icon PDF 228 KB

To consider a report from the Director of Finance (Section 151 Officer).

 

Additional documents:

Part Two: Items likely to be considered in the absence of the press and public

16.

CONSULTATION ON DRAFT STATUTORY GUIDANCE ON LGPS ASSET POOLING

To consider a report from the Director of Finance (Section 151 Officer).

 

17.

Presentation: Border to Coast Update

To receive an update presentation on Border to Coast from the Chief Investment Officer

18.

UPDATE ON DEVELOPMENTS WITH BORDER TO COAST - PART 2

To consider a report from the Director of Finance (Section 151 Officer).

 

19.

DRAFT PENSIONS BUDGET 2019/20 (PART 2)

To consider a report from the Director of Finance (Section 151 Officer).

 

20.

Monitoring report for the quarter ended 31 December 2018 (part 2)

To consider a report from the Director of Finance (Section 151 Officer).

 

21.

Verbal Update: Emerging Issues

To receive a verbal update on emerging issues

22.

CUMBRIA LGPS INVESTMENT SUB GROUP ACTIVITY REPORT TO FEBRUARY 2019

To consider a report from the Director of Finance (Section 151 Officer).

 

23.

closing comments

To receive closing comments from the Chair