Issue - meetings

The Board considered a report of the Strategic Director, Enterprise, Community and Resources, on the annual publication of the Pensions Discretion Statement.

The Board was advised that the 2016/17 Pensions Discretion Statement (the Statement) had been approved at its meeting in March 2016. The Statement for 2017/18 was based upon the previous Statement, and it was reported that no new discretions had been added or removed. In addition, there had been no material changes to the Local Government Pension Scheme Regulations 2013, that would result in a change in the Statement. It was noted that minor drafting changes had been made to incorporate revised amounts for Shared Cost Additional Pension Contributions, which was increased annually in line with the cost of living.

RESOLVED: That the Pensions Discretion Statement for 2017/18 be approved.