Issue - meetings
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Meeting: 15/03/2019 - Pensions Committee and Pension Board (Item 11)
11 Budget Forecast and Projected Spend 2018/19 - PC/MAR19/BUD PDF 65 KB
Additional documents:
Minutes:
With reference to article 6 of the minute of its meeting of 30 November 2018, the Committee had before it a report by the Director of Resources which provided detail of the Management Expenses Budget / Forecast and Projected Spend 2018/19 for the North East Scotland Pension Fund (NESPF).
The report recommended:-
that Committee –
(a) note the update on the NESPF Management Expenses Budget / Forecast and Projected Spend for 2018/19;
(b) note the update on Pension Fund staff costs and staffing vacancies; and
(c) note the update on the work undertaken by the NESPF Accounting team and the Global Custodian resulting in the clearance of a processing backlog.
The Committee resolved:-
to approve the recommendations.
The Board resolved:-
to note the decision of the Committee.