Here is a summary of the scheduled discussions for the City of London Police Pensions Board meeting. The board was scheduled to discuss updates to the City of London Police (CoLP) pension scheme, review the scheme's risk register and breaches of law policy, and receive an update from the scheme manager. The meeting also included a review of the minutes from the previous meeting.

CoLP Pension Scheme - Risk Register

The board was scheduled to review the risk register for the Police Pension Board. The risk register details key risks identified by the board, alongside a risk score indicating the likelihood and potential impact of each risk, as well as appropriate mitigations.

The report pack included a recommendation to review existing risks and actions on the Police Pension Board's risk register, and to confirm that appropriate control measures are in place. It also recommended considering any further risks related to pension administration overseen by the Police Pension Scheme Board.

According to the CoLP PSB Pensions Detailed Report, the risk register is sorted by risk score. The report lists the following risks:

• McCloud Legal Case
• Legislative compliance
• Pension scheme administration (personnel)
• Pension scheme administration (systems)
• Pension fraud
• Cyber security
• Actuarial data
• Protected pension age

The report notes that officers had reviewed cyber security on the corporate risk register, and reassessed CHB COLP PSB07 Cyber Security on the Police Pensions Board risk register. The risk rating has been increased to an 8 (Amber) from 4 (Green).

CoLP Pension Scheme - Administrator's Update

The board was scheduled to receive an update on the administration of the City of London Police Pension Scheme. The Chamberlain's report provided a summary of general information around a range of topics since the last board meeting on 4 June 2025.

The update included information on:

• The annual schedule of events for the Pensions Scheme
• Information of Scheme Record Keeping
• Any recent Police Pension Scheme breaches of the law
• Any audit reports relating to the administration of the Scheme
• Data Protection Act 2018 (DPA18) – Data Retention Policy
• General Data Protection Regulation (GDPR) / Data Protection Act 2018 (DPA18) – Privacy Notice
• Pension Administration System
• Legal Challenge 1 - Lord Chancellor and Secretary of State for Justice v McCloud and others
• Legal Challenge 2 - Evans & Ashcroft vs Chief Constable of South Wales
• Pensions Dashboards
• Task Statistics
• Pension Board Training
• Documentation of all of the communications which are circulated to Scheme Members

The report pack included a copy of an Annual Benefit Statement – Remediable Service Statement (ABS-RSS) template. The statement included a summary of current accrued benefits as of 31 March 2025, and noted that as a member affected by remedy, there would be a choice about which benefit to take when retiring.

The statement also noted that as part of remedy, members have been put back into the PPS 1987 for their pensionable membership during the remedy period. It explains that because contributions in the PPS 1987 are higher than the PPS 2015, this means that some members owe a 'contribution adjustment'.

CoLP Pension Scheme Breaches of Law Policy

The board was scheduled to discuss the Reporting Breaches of Law policy. The policy applies to both the Local Government Pension Scheme and the Police Pensions Scheme and was approved by the Local Government Pensions Board and the Police Pensions Board in April 2018. The policy should be reviewed every three years, and was last reviewed by officers in 2022.

The policy sets out the protocol and procedure for recording and reporting breaches of the law connected to the Public Service Pension Schemes for whom it is Scheme Manager. It describes who has a legal requirement to report breaches, to whom and how they should report, and provides processes to follow to assess and consider suspected breaches to ensure that they are reported appropriately.

Scheme Manager Update

The board was scheduled to receive an update on Scheme Manager activities over the period of 1 May 2025 – 31 August 2025.

The update included information on:

• Complaints
• National Updates

During this period, City of London Police received 40 complaints, a significant decrease from the previous period. Overall there were 13 complaints/queries unresolved, 3 of which were from the previous period.

The report also noted that the National Police Chiefs' Council (NPCC) has commenced redevelopment of the policepensioninfo website. The website will be more intuitive and user friendly and its information will be broadened to cover all things police pension related with remedy being just a part of that information. NPCC hope to go live with the new website in April 2026.