Agenda

Cumbria LGPS Local Pension Board
Tuesday, 8th October, 2019 1.00 pm

Venue: Cumbria House, Carlisle

Contact: Lorraine Davis  Email: lorraine.davis@cumbria.gov.uk

Items
No. Item

1.

Apologies for Absence

To receive any apologies for absence.

 

2.

Terms of Reference and Membership pdf icon PDF 136 KB

To note the terms of reference of the Board.

 

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 103 KB

To confirm as a correct record the minutes of the Cumbria Local Pension Board meeting held on 4 July 2019 (copy enclosed).

 

6.

Schedule of Future Meetings

To note the dates of future meetings:-

 

17 January 2020

15 April 2020

2 July 2020

 

7.

Review of Pension Committee Decisions and Other Matters pdf icon PDF 147 KB

To consider a report from the Director of Finance (Section 151 Officer) summarising the work conducted and decisions made by the Pension Committee at its meeting on 24 September 2019 (copy enclosed).

 

Additional documents:

8.

Cumbria LGPS Data Review and Data Improvement Plan pdf icon PDF 158 KB

To consider a report from the Director of Finance (Section 151 Officer) on the findings of the data quality review and the ongoing implementation of the data quality improvement plan (copy enclosed).

 

Additional documents:

9.

The Pension Regulator's Cohort Review of the LGPS pdf icon PDF 145 KB

To consider a report by the Director of Finance (Section 151 Officer) (copy enclosed).

 

Additional documents:

PART II: ITEMS LIKELY TO BE CONSIDERED IN THE ABSENCE OF THE PRESS AND PUBLIC

10.

Review of Pension Administration Matters during the period to June 2019

To consider a report from the Director of Finance (Section 151 Officer) on Pension Administration matters and request further information and/or feedback to the Pension Committee as appropriate (copy enclosed for members only).

 

Not for publication by virtue of paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972 as this report contains information relating to the financial or business affairs of any particular person (including the Authority holding that information).

 

Additional documents:

11.

Your Pension Presentation

Rachel Blundell, Director of Member Operations, Local Pension Partnership has been invited to make a presentation to the Board.

 

Not for publication by virtue of paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972 as this report contains information relating to the financial or business affairs of any particular person (including the Authority holding that information).

 

12.

Verbal Update on Emerging Issues

To receive a general verbal update from the Director of Finance (Section 151 Officer).

 

Not for publication by virtue of paragraph 1 of Part 1 of Schedule 12A of the Local Government Act 1972 as this report contains information relating to any individual.