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Issue - meetings

Procurement of Actuarial Services

Meeting: 13/09/2019 - Pensions Committee and Pension Board (Item 12)

Procurement of Actuarial Services - PC/SEPT19/ACT

Minutes:

The Committee had before it a report by the Director of Resources which sought approval to use the National Local Government Pension Scheme Framework to let actuarial and benefit consultancy services for the North East Scotland Pension Fund.

 

The report recommended:-

that Committee –

(a)       approve the award of a call-off contract under the National LGPS Framework agreement set up by Norfolk County Council to procure an actuary to provide actuarial and benefit consultancy services to the Fund from 1 April 2020 for a term of 7 years; and

(b)       approve the potential expenditure as set out in sections 4.1 and 4.2 in the report.

 

The Committee resolved:-

to approve the recommendations.

 

The Board resolved:-

to note the decision of the Committee.