Agenda and minutes

The agenda and reports associated with this minute can be found here.

Please note that if any changes are made to this minute at the point of approval, these will be outlined in the subsequent minute and this document will not be retrospectively altered.

In compliance with the Local Government Pensions Scheme (Scotland) Regulations, the Chair of the Pension Board is to be rotated each year between the Union representatives and the employer representatives.  As Mr Neil Stirling was Chair for the 2021/22 period, a Member from the employer representatives will require to be nominated as Chair for 2022/23.

(A)      Appointment of Chair

Ms Colliss advised that in compliance with the Local Government Pensions Scheme (Governance) (Scotland) Regulations 2018, the Chair of the Pension Board was rotated each year between the Union representatives and the employer representatives.  Mr Stirling had been appointed as Chair for 2021/22, and so a member from the employer representatives was required to be appointed as Chair for the 2022/23 period.

It was agreed unanimously that Mr Ian Hodgson be appointed to the role of Chair.

The Board resolved:-

to appoint Mr Ian Hodgson to the role of Chair to the Pension Board.

(B)      Appointment of Vice Chair

Ms Colliss advised members that the next task for the Board was to appoint a Vice Chair, this time from the Trade Union representatives.  It was agreed unanimously that Mrs Lawrence be appointed as Vice Chair.

The Board resolved:-

to appoint Mrs Morag Lawrence to the role of Vice Chair to the Pension Board.

The Pension Board had before it the annual report which set out a review of the Board activity for the year 2021/22. 

The report covered the membership of the Board for the year; meetings and attendance; meeting content; training and expenditure; and included the programme of work to be considered by the Board and the Pension Committee over the forthcoming year, namely:-

·       Training Plan

·       Risk Management & Risk Register

·       Pension Fund Annual Report

·       Annual review of scheme policy documents

·       Compliance Review

·       Internal/External Audit Plan and updates

·       Conflicts of Interest declarations

·       Breaches of Law

Appended to the report were the Board Terms of Reference and the training policy.

The Board resolved:-

(i)       to note that Mr Stirling was incorrectly referred to as an employer representative and this would be amended;

(ii)       to note that Mr Kevin Masson would be the GMB substitute on the Board; and

(iii)      to approve the content of the annual report.

-                 MR I HODGSON, Chair