Issue - meetings

Report FSD18034

The report sought approval for the appointment of two new employer representatives to the Local Pension Board following the resignation of the two previous members. Details of the potential representatives were set out in a Part 2 appendix. It was also proposed that the Terms of Reference of the Local Pension Board be amended to allow the Board to meet at least once but up to four times per annum to discharge its duties (paragraph 7) and to change the term of office for all members of the Board from three years to four (paragraph 13).

Councillor Keith Onslow, Chairman of the Pensions Investment Sub-Committee, attended the meeting to support the proposals.

 RESOLVED that

(1) It is noted that Brian Toms and Jane Harding have resigned as Employer Representatives on the Local Pension Board.

(2) Josepha Reynolds and Pinny Borg be nominated as the two Employer Representatives to be recommended to Council for appointment.

(3) The changes to the Local Pension Board Terms of Reference (paragraph 3.13) be approved.

(4) The revised terms of reference (appendix 1) be approved.

(5) Council be recommended to formally appoint the two Employer Representatives to the Local Pension Board.