Pensions Committee

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Role of the Pensions Committee

Cornwall Council has set up a Pensions Committee to exercise its functions as the Administering Authority for the Local Government Pension Scheme.

Under the Local Authority (Functions and Responsibilities) (England) Regulations 2000:  The responsibility for the Local Government Pension Scheme lies with the full Council.

They have delegated responsibility to the Pensions Committee.

Responsibilities

The responsibilities of the Committee includes

  • the Fund’s investment strategy
  • the Statement of Investment Principle
  • acceptance of the triennial valuation report produced by the Fund Actuary
  • appointment of AVC providers
  • the appointment of investment managers, consultants and the custodian.

Other responsibilities include the approval of the:

Membership of the Pension Committee

The Pension Committee is made up of:

  • Councillors
  • Employee representatives
  • Employer representatives

each having one vote.

The membership of the Committee from May 2021 is as follows:

Councillors

  • Cllr David Crabtree
  • Cllr Peter Perry
  • Cllr John Tivnan
  • Cllr Christopher Wells
  • Cllr Mike Thomas
  • Cllr Edwina Hannaford
  • Cllr Colin Martin
  • Cllr Jayne Kirkham

Employee Representatives

  • Mr N Olgard
  • Mr A Stott

Employer Representatives

  • Vacant
  • Mr C Wilson

Related Documents

See below for the:

More information including the agendas and minutes of the Pension Committee are in the Councillors and Democracy section of the Cornwall Council website.

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