Agenda and minutes
PDF 136 KBVenue: Hendon Town Hall, The Burroughs, London NW4 4BQ. View directions
Contact: Paul Frost - 0208 359 2205 Email: Paul.Frost@Barnet.gov.uk
Note: Public Questions and Comments must be submitted by 10am on the third working day before the meeting. The deadline for this meeting is 10am on Friday 20 January.
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Minutes of last meeting Minutes: It was RESOLVED that the minutes of the previous meeting held on 07 November 2016, be agreed as a correct record.
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Terms of Reference for the London Borough of Barnet Pension Board Minutes: The Local Pensions Board Terms of Reference was noted. Mr Ross questioned section 5.2 and 10.1 and the relevance of these points and therefore the Board requested that this be confirmed.
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Disclosable Pecuniary interests and Non Pecuniary interests Minutes: None. |
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Absence of Members Minutes: The Local Pensions Board noted that Mr Luke Ward was no longer employed by the London Borough or Barnet and therefore there was a vacancy which will be recruited to. As a result Mr Hem Savla was in attendance as a substitute Member.
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Public Question and Comments (if any) Minutes: None |
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Report of the Monitoring Officer (if any) Minutes: None. |
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Members' Items (if any) Minutes: None
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Report of the Monitoring Officer (if any) Minutes: None |
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Local Pension Board - Work Plan Review January Additional documents: Minutes: The Head of Treasury introduced the report. He set out the proposed revised workplan as highlighted in Appendix 1.
The Board noted that administration items were an important function of the Local Pensions Board and therefore it was requested that such items are brought forward.
Mr Hem Savla noted that on page 11 of the Terms of Reference outlines responsibility of the administration of the Pensions Fund. He outlined that effectiveness and efficiency of administering LGPS should be published annually. He also stated that he had found errors in the 2014/15 annual benefit statements and requested that this should be reported to the Local Pensions Board which was noted.
The Governance Officer in attendance noted that training material had been provided and therefore he requested that Local Pensions Board Members confirm if they wish to attend any relevant training. The Head of Treasury stated that a briefing session could take place prior to the next meeting of the Local Pensions Board.
Having considered the report the Local Pensions Board:
Resolved:
· That the Local Pensions Board requested that training be provided on the administration of the Local Pensions Scheme |
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Update on Admitted Bodies Organisations_cover report Additional documents: Minutes: The Local Pensions Board considered the report and therefore:
Resolved: That the noted the report. |
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Barnet Council Pension Fund Performance for Quarter July to September 2016 Additional documents: Minutes: The Local Pensions Board considered the report and therefore:
Resolved: That the noted the report.
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Pension Fund Admission Body Agreement- cover report Additional documents:
Minutes: The Local Pensions Board considered the report and therefore:
Resolved: That the noted the report.
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Pension Fund Actuarial Review - cover report Additional documents:
Minutes: The Local Pensions Board considered the report and therefore:
Resolved: That the noted the report.
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Pension Fund Risk Register - cover report Additional documents:
Minutes: The Local Pensions Board considered the report and therefore:
Resolved: That the noted the report.
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Committee Work programme Minutes: The Local Pensions Board noted the work programme.
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Investment Strategy Review - cover report Additional documents:
Minutes: The Committee noted the exempt information in the report. |
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Any other item(s) the Chairman decides are urgent Minutes: There were no urgent items. |