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Local Pension Board - Thursday, 12 March 2026 - 2.00 pm

March 12, 2026 at 2:00 pm Local Pension Board View on council website

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Summary

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The Local Pension Board of County Durham Council was scheduled to consider a range of pension-related matters, including updates on administration, regulatory changes, and the implementation of a significant reform programme. The board was also due to receive feedback from the Pension Fund Committee.

Pension Administration Report

The board was scheduled to review the Pension Administration Report, which covers the period from 5 December 2025 to 12 March 2026. This report, detailed across pages 29 to 58 of the agenda documents, would have provided an overview of the administrative functions and performance related to the Local Government Pension Scheme (LGPS).

LGPS 'Fit for the Future' Implementation

A significant item on the agenda was the discussion of the LGPS 'Fit for the Future' programme. This initiative, detailed in pages 87 to 108 of the agenda, aims to modernise and improve the efficiency of the Local Government Pension Scheme. The board was expected to consider the progress and implications of this implementation.

Regulatory Update

The meeting was scheduled to include a review of recent regulatory updates affecting the LGPS. This section of the agenda, spanning pages 59 to 86, would have covered any new legislation, guidance, or changes in compliance requirements relevant to pension funds.

Observation and Feedback from Pension Fund Committee

The board was due to receive and consider observations and feedback from the Pension Fund Committee meeting held on the same day, 12 March 2026. This would have provided an opportunity for the Pension Board to understand the perspectives and decisions of the committee responsible for the overall management of the pension fund.

Pension Board Work Plan Update

A verbal update and discussion were scheduled regarding the Pension Board's work plan. This item would have allowed for a review of ongoing activities and future priorities for the board.

The meeting was also scheduled to cover the minutes of the previous meeting held on 5 December 2025. The date for the next meeting was set for 11 June 2026.

Attendees

Topics

No topics have been identified for this meeting yet.

Meeting Documents

Agenda

Agenda frontsheet Thursday 12-Mar-2026 14.00 Local Pension Board.pdf

Reports Pack

Public reports pack Thursday 12-Mar-2026 14.00 Local Pension Board.pdf

Additional Documents

- Abbreviations.pdf
- Glossary.pdf
Item 7 - LPB - LGPS Fit for the Future Implementation.pdf
Minutes 05122025 Local Pension Board.pdf
Item 5 - LPB - Pension Administration Report March 2026.pdf
Item 5 - LPB - Pension Administration Report March 2026 Appendix 1.pdf
Item 6 - LPB - Regulatory Update - March 2026.pdf
Item 6 - LPB - Regulatory Update March 2026 - Appendix 1.pdf
Item 6 - LPB - Regulatory Update March 2026 - Appendix 2.pdf