Issue - meetings

LGPS UPDATE (BACKGROUND PAPER)

 

 

Meeting: 15/12/2023 - Surrey Pension Fund Committee (Item 82)

82 LGPS UPDATE (BACKGROUND PAPER) pdf icon PDF 181 KB

This report considers recent developments in the Local Government Pension Scheme (LGPS).

 

Additional documents:

Minutes:

Speakers:

Neil Mason, LGPS Senior Officer

 

Key points raised during the discussion:

1.    The LGPS Senior Officer highlighted paragraph 21 of the report which referred to the Scheme Advisory Board which was providing advice on the use of surplus funding levels.  The advice was clear at the moment that contributions should not be changed on the basis of market movements, including changes in the interest rate environment.

 

Actions/ further information to be provided:

None.

 

Resolved:

That the report be noted.