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  • Issue - meetings

    PENSIONS: LOCAL GOVERNMENT PENSION SCHEME (LGPS) ADMINISTRATING AUTHORITY FOR THE NORTH WALES CJC

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    Meeting: 13/01/2023 - North Wales Corporate Joint Committee (Item 5)

    5 PENSIONS: LOCAL GOVERNMENT PENSION SCHEME (LGPS) ADMINISTRATING AUTHORITY FOR THE NORTH WALES CJC pdf icon PDF 228 KB

    Alwen Williams, the CJC’s Chief Executive to present the report.

    Decision:

    To note and accept the content of the report which confirmed that the North Wales Corporate Joint Committee had chosen to use the Gwynedd Pension Fund, and therefore Cyngor Gwynedd will be the Local Government Pension Scheme administrating authority for the Corporate Joint Committee.

    Minutes:

    The report was submitted by Alwen Williams (Chief Executive of the CJC).  

     

    DECISION

     

    To note and accept the content of the report which confirmed that the North Wales Corporate Joint Committee had chosen to use the Gwynedd Pension Fund, therefore Cyngor Gwynedd will be the Local Government Pension Scheme administrating authority for the Corporate Joint Committee.

     

    DISCUSSION

     

    Submitted – the report on selecting a Local Government Pension Scheme, noting that we were required to report to the Welsh Government by 22 December 2022 confirming which Local Government Pension Scheme (LGPS) Administrating Authority would be presented for the North Wales CJC.
     

    It was reported that two identical Schemes had been considered, namely the Clwyd Pension Fund (Flintshire Council) and the Gwynedd Pension Fund (Cyngor Gwynedd). It was decided that it made sense to select the Cyngor Gwynedd Pension Fund, since the current North Wales Ambition employees are members of the Gwynedd Pension Fund and those arrangements could transfer to the CJC in the future, so it would be logical to maintain the same pension arrangements. This was confirmed to the Welsh Government on 21 December 2022. It was noted that this report confirmed the decision and was for information to the members of the Corporate Joint Committee.

     

    Observations arising from the discussion

    ¾     Members were willing to support the recommendation.

    ¾     There were no further observations.

     


     

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