Agenda

Cumbria Pensions Committee - Tuesday, 21st September, 2021 9.30 am

Venue: Cumbria House, Botchergate, Carlisle, CA1 1RD

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 of the Committee and any changes to membership.

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 300 KB

To confirm as a correct record the minutes of the Cumbria Pensions Committee held on 8 June 2021

6.

REPRESENTATION FROM NON COUNTY COUNCIL EMPLOYERS AND DISTRICT COUNCILS

This is a standing item.  To receive concerns, queries and comments from non-County Council employers and individual members of the Cumbria Local Government Pension Scheme

7.

SCHEDULE OF FUTURE MEETINGS pdf icon PDF 197 KB

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

8.

Verbal update of the informal BCPP Joint Committee meeting held on 13 July 2021

To receive a verbal update of the informal BCPP Joint Committee meeting held on 13 July 2021.

9.

UPDATE FROM THE CUMBRIA LGPS LOCAL PENSION BOARD pdf icon PDF 290 KB

To receive a report from the Director of Finance (S151 Officer)

Additional documents:

10.

MONITORING REPORT FOR THE QUARTER ENDED 30 JUNE 2021 - PART 1 pdf icon PDF 409 KB

To receive a report from the Director of Finance (S151 Officer)

Additional documents:

11.

DRAFT ANNUAL REPORT AND ACCOUNTS 2020/21 pdf icon PDF 457 KB

To receive a report from the Director of Finance (S151 Officer)

Please note that Appendix 1 - Audit Report from Grant Thornton will not be available until Wed 15th Sept and will be sent out separate from the Agenda.

 

Additional documents:

12.

GOOD GOVERNANCE pdf icon PDF 258 KB

To receive a report from the Director of Finance (S151 Officer)

Additional documents:

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

13.

BORDER TO COAST PENSIONS PARTNERSHIP LTD (BCPP) - SHAREHOLDER RESOLUTION ON BUDGET FOR THE BUILD OF BCPP REAL ESTATE CAPABILITY

To receive a report from the Director of Finance (S151 Officer)

14.

MONITORING REPORT FOR THE QUARTER ENDED 30 JUNE 2021 - PART 2

To receive a report from the Director of Finance (S151 Officer)

15.

CUMBRIA LGPS INVESTMENT SUB GROUP ACTIVITY REPORT TO SEPTEMBER 2021

To receive a report from the Director of Finance (S151 Officer)

16.

Verbal Update - Emerging Issues

To receive a verbal update on emerging issues

17.

Closing Comments

To receive closing comments from the Chair