Issue - meetings
AOB
Meeting: 03/05/2019 - Pensions Board (Item 59)
AOB
Minutes:
59.1 None.
Meeting: 16/11/2018 - Pensions Board (Item 42)
AOB
Minutes:
42.1 A query was raised in relation to the timing of the actuarial valuation by Mercers. The Head of Treasury and Pensions agreed to check the timings and would confirm to Board Members.
42.2 A query was raised in relation to the outcome of the Lloyds Bank case about the equalisation of Pension Benefits between men and women and whether it had led to any extra liabilities on the pension fund.
42.3 In response, it was confirmed that there was no direct effect on the LGPS but that a paragraph must now be included in the Pension Fund Statement of Accounts stating that extra liabilities may be incurred. The Pensions Communications Officer agreed to circulate the LGA Bulletin from October which discussed this issue.