The City of London Police Pensions Board met on Wednesday 10 June 2026 to review updates on the administration of the Police Pension Scheme, discuss the scheme's risk register, and consider a review of the Board's activities. The meeting also included the approval of previous minutes and discussions on scheme manager updates.

Minutes of Previous Meeting

The Board was scheduled to consider the approval of the public minutes and non-public summary from the meeting held on 4 February 2026.

COL Police Pension Scheme - Administrator's Update

A report from the Chamberlain was scheduled to provide an update on the administration of the City of London Police Pension Scheme. This update was expected to cover general information on various topics related to the scheme's administration since the previous meeting. Key areas included the annual schedule of events, scheme record keeping, any recent breaches of the law, audit reports, data protection policies, and the ongoing development and use of the Pension Administration System, including the Online Member Portal. The report was also to provide an update on the 'pre-retirement' webinars being delivered to police officers.

COL Police Pension Scheme - Risk Register

The Board was scheduled to review the Risk Register for the Police Pensions Board. This report, from the Chamberlain, details the key risks identified by the Board, along with their associated risk scores, likelihood, and potential impact. The report indicated proposed changes to the risk register, including a decrease in the target risk for the McCloud Legal Case and a reduction in the current risk rating for Pension Fraud. The report also highlighted two amber risks concerning the McCloud remedy and Cyber Security.

Review of Activities for the Period 1 April 2025 to 31 March 2026

A report from the Chamberlain was scheduled to summarise the activities of the Police Pensions Board for the financial year 2025-2026. This report was intended to be submitted to the CoL Police Authority Board. The summary indicated that the Board had continued to review the working practices of the City of London Police Pensions Office, monitored and updated the Board's Risk Register, and undertaken online training modules. The report also detailed the Board's role in assisting the Scheme Manager in ensuring the efficient and effective governance and administration of the Police Pension Scheme, including its oversight of regulations, legislation, and requirements from The Pensions Regulator.

Scheme Manager Update

A report from the Commissioner was scheduled to provide an update on Scheme Manager activities for the period of 1 January 2026 to 31 March 2026. This update was expected to detail the number of queries and complaints received, their themes, and their resolution status. The report noted a decrease in queries compared to the previous period, with transfer of data between forces identified as a recurring concern. It also mentioned discussions with the Pension Office regarding Service Level Agreements for pension forecast estimates and the anticipated impact of new software on reducing request volumes. Updates on national changes, including a new member contribution structure, and a well-attended webinar on the McCloud remedy were also anticipated.

Exclusion of the Public

A motion was scheduled to be considered for the exclusion of the public from the meeting for specific agenda items, on the grounds that they involved the likely disclosure of exempt information.

Non-Public Minutes

Following the potential exclusion of the public, the Board was scheduled to approve the non-public minutes of the meeting held on 4 February 2026.

COL: Police Pension Scheme - Update Non-Public Appendix

A non-public appendix to the Administrator's Update was scheduled to be presented, to be read in conjunction with item 4.

Scheme Manager Update - Nonpublic Appendix

A non-public appendix to the Scheme Manager Update was scheduled to be presented, to be read in conjunction with Item 6.