Issue - meetings
Review of Compliance with the Public Service Pensions Act 2013 and Pension Regulator Requirements
Meeting: 20/03/2020 - Pensions Committee and Pension Board (Item 11)
Additional documents:
- Review of NESPF Compliance Appendix I, item 11
PDF 205 KB
- Review of NESPF Compliance Appendix II, item 11
PDF 106 KB
- Review of NESPF Compliance Appendix III, item 11
PDF 217 KB
Minutes:
The Committee had before it a report by the Director of Resources which provided a review of the North East Scotland Pension Fund’s compliance with the Public Service Pensions Act 2013 and the Pensions Regulator requirements during the financial year 2019/20, including Pension Board membership and meeting attendance; training attendance; the costs of operation; Elected Member and Board knowledge and understanding; scheme record keeping; risk management; conflicts of interest; and reporting of breaches of law.
The report also advised that a working group had been established by the Scheme Advisory Board to scope out the next stages for considering the four options for the Scheme Review, however the timetable for the scoping work was currently unknown.
The report recommended:-
that Committee note the assurance provided in the report.
The Committee resolved:-
to note the report.
The Board resolved:-
to note the decision of the Committee.