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.