Agenda item

Establishment of a Local Pension Board

To consider the constitutional steering panel’s recommendation to establish a local pension board.

Minutes:

(See pages 206 – 211 of the main agenda)

 

In accordance with council assembly procedure rule 2.11 (2), the report was formally moved by the Mayor.

 

The recommendations contained within the report were put to the vote and declared to be carried.

 

RESOLVED:

 

1.  That the statutory requirement for Southwark Council to establish a local pension board in accordance with the local government pension scheme regulations 2015 (the regulations), be noted.

 

2.  That a local pension board be established.

 

3.  That the role and function and constitution of the local pension board be as set out in Appendix A of the report, in conjunction with the requirements of the regulations.

 

4.  That the council’s constitution be amended to include the local pension board.

 

5.  That the proper constitutional officer be authorised to make any necessary consequential changes to the constitution as a result of the above.

Supporting documents: