Agenda item

PENSION FUND ADMINISTRATION: (1) EXPENDITURE AND (2) PERFORMANCE INDICATORS FOR 4 MONTHS TO 31 JULY 2012; (3)STEWARDSHIP REPORT FOR THE 4 QUARTERS TO 31 JULY 2012

Minutes:

The Chair moved that Appendix 7 to the report was exempt from publication.  Members applied the public interest test to appendix 7 of the report and

RESOLVED (with 2 objections)

(1) Having been satisfied that the public interest would be better served by not disclosing relevant information, in accordance with the provisions of section 100(A)(4) of the Local Government Act 1972, that the public be excluded from the meeting during the discussion of appendix 7 of the report for this item because of the likely disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act as amended.

[The Committee then held a debate in closed session, the details of which are exempt from publication]

The Committee returned to open session.

A member referred to the graphs on page 315 of the pack and asked why, when the number of actives was reducing, the number of cases was increasing.  An officer explained that this was partially due to late data arriving from the member employers.

The Committee discussed the need to impress upon member employers the importance of prompt data updates.

The Committee RESOLVED (unanimously)

(2) To NOTE the expenditure for administration, the Stewardship Report on performance and management expenses incurred for the 12 months and Performance Indicators and Customer Satisfaction Feedback for the 4 months to 31 July 2012.

Supporting documents: