11 meetings · Page 2 of 2
Surrey Pension Fund Committee - Friday, 22 March 2024 11.15 am
The Surrey Pension Fund Committee approved the Surrey Pensions Team's strategic plan for 2024-2025, a new training policy, and the budget for 2024/25. It also agreed to delegate to the Chair the final approval of the Fund’s application to become a signator...
The Surrey Pension Fund Committee is responsible for the governance and administration of the Surrey County Council Pension Fund, which is part of the Local Government Pension Scheme. It ensures compliance with legislation and best practice, and determines policy for the investment, funding, and administration of the fund.
The committee makes decisions to ensure efficient service delivery, appoints and monitors external service providers such as fund managers and actuaries, and approves the annual accounts and actuarial valuations. It also considers stakeholder consultation and manages potential conflicts of interest arising from the council's dual role as administrator and employer.
