Issue - meetings

Report of the Assistant Chief Executive, People and Organisational Development, to approve the implementation of a Pensions Administration Strategy.

The Committee considered a report to approve the implementation of a Pensions Administration Strategy (PAS). Ian Benson, Pensions Manager, presented the report, and advised the Committee that, while the admission agreement sets out the statutory obligations, there is no document setting out the expected standards around issues such as data return; the PAS attached to the report set out the quality and performance standards expected of all employing bodies participating in the Pension Scheme. Mr Benson advised that Section 5 of the PAS document set out details of the approach to be taken by the Council in the event of necessary recovery of any additional costs associated with the poor level of performance by an employing body, under the LGPS (Administration) Regulations 2008.

RESOLVED

i)                    That the Council adopt the PAS document attached as Appendix 1 to the report.

ii)                  That the PAS be reviewed on a triennial basis commencing from 1^st April 2014.

iii)                That authority is delegated to the Head of Human Resources to develop the PAS within the policy framework approved by this committee, in consultation with the employing bodies and the trade unions.