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Extraordinary, Pensions Committee - Thursday, 10th April, 2025 11.00 am
April 10, 2025 View on council websiteSummary
The Pensions Committee of Cornwall Council met to discuss the Cornwall Pension Fund's valuation assumptions and investment strategy. The meeting was scheduled to include a review of the minutes from the previous meeting, and consideration of any urgent business. The committee was expected to exclude the press and public from part of the meeting to discuss information relating to financial or business affairs.
Cornwall Pension Fund Valuation Assumptions
The committee was scheduled to discuss the Cornwall Pension Fund's valuation assumptions. Pension funds are valued to assess their financial health and ability to meet future obligations to their members1. These valuations rely on assumptions about factors such as investment returns, inflation, and life expectancy.
Investment Strategy Review
The committee was scheduled to discuss the investment strategy for the Cornwall Pension Fund. This would have included a review of the fund's current investment portfolio, and consideration of any changes that may be needed to ensure that the fund is on track to meet its long-term objectives.
Minutes from Previous Meeting
The committee was scheduled to review the minutes from the previous meeting held on 13 March 20252.
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A pension fund is a pot of money set aside to pay pensions to people when they retire. The money is invested to generate returns that will help to pay the pensions. ↩
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The minutes of the previous meeting are available online. The meeting included discussion of the Cornwall Pension Fund Business Plan, updates on investments, benefits and governance, and an update from the Brunel Pension Partnership. ↩
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Topics
No topics have been identified for this meeting yet.
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