Agenda

Cumbria Pensions Committee
Tuesday, 15th September, 2020 9.30 am

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

Items
No. Item

Please note that this will be a virtual meeting and therefore will not take place in a physical location. please follow the link to view this meeting live

1.

ROLL CALL AND 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.

 

For members to note that Councillor C Whiteside has been appointed as a permanent member of the Cumbria Pensions 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 82 KB

To confirm as a correct record the minutes of the Cumbria Pensions Committee held on 23 June 2020.

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 80 KB

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

8.

MINUTES OF THE BCPP JOINT COMMITTEE MEETING ON 9 MARCH 2020, 16 JUNE 2020 AND AGM ON 15 JULY 2020 pdf icon PDF 171 KB

To receive the Minutes of the BCPP Joint Committee meeting held on 9 March 2020, and the draft minutes of the meetings held on 16 June 2020 and Annual General Meeting held on 15 July 2020.

Additional documents:

9.

UPDATE ON DEVELOPMENTS WITH BORDER TO COAST PENSIONS PARTNERSHIP LTD pdf icon PDF 143 KB

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

Additional documents:

10.

DRAFT ANNUAL REPORT AND ACCOUNTS 2019/20 pdf icon PDF 134 KB

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

Additional documents:

11.

Monitoring Report for the Quarter ended 30 June 2020 pdf icon PDF 179 KB

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

Additional documents:

12.

IMPLICATIONS OF THE MCCLOUD JUDGEMENT pdf icon PDF 133 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

13.

MONITORING REPORT FOR THE QUARTER ENDED 30TH JUNE 2020 - PART 2

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

14.

Verbal Update - Emerging Issues

To receive a verbal update on emerging issues

15.

PRESENTATION - 2019/20 PERFORMANCE AGAINST LAPPA UNIVERSE (PIRC)

To receive a presentation on the 2019/20 Performance against LAPPA Universe (PIRC).

16.

CUMBRIA LGPS INVESTMENT SUB GROUP ACTIVITY REPORT TO SEPTEMBER 2020

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

17.

Closing Comments

To receive closing comments from the Chair

18.

UPDATE ON DEVELOPMENTS WITH BORDER TO COAST PENSIONS PARTNERSHIP LTD - PART 2

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