Councillor David Whipp
Council: Lancashire
Committees:
Activity Timeline
Meetings Attended Note this may include planned future meetings.
9 meetings · Page 1 of 2
Pension Fund Committee - Friday, 23rd January, 2026 2.00 pm
The Pension Fund Committee of Lancashire County Council met on Friday, 23rd January 2026, to discuss key parameters for the 2025 valuation of the pension fund. The committee ultimately resolved to approve a funding strategy statement with a 115% funding buffer and a 20-year recovery period, resulting in a provisional average employer contribution rate of 9.1%.
Pension Fund Committee - Friday, 12th December, 2025 10.30 am
The Lancashire County Council Pension Fund Committee was scheduled to meet on 12 December 2025 to discuss pension-related training for committee members, budget monitoring for the 2025/26 financial year, and responsible investment activity. Also on the agenda was an update on the Funding Strategy Statement consultation, and the Local Pensions Partnership Annual Report and Accounts for 2024/25. Some items, including updates on the Lancashire County Pension Fund (LCPF) Strategic Plan 2024/25, Local Pensions Partnership Administration (LPPA), risk register, shareholder and investment performance, and the appointment of an independent investment advisor, were scheduled to be discussed in Part II of the meeting, which was not open to the press or public.
Pension Fund Committee - Friday, 19th September, 2025 10.30 am
The Lancashire County Council Pension Fund Committee met to discuss responsible investment, review the draft funding strategy statement, and address an urgent matter regarding the McCloud remedy[^2] and reporting requirements. The committee also reviewed pension-related training for its members and the Pension Fund Annual Report 2024/25.
Pension Fund Committee - Friday, 20th June, 2025 10.30 am
The Lancashire County Council Pension Fund Committee met on 20 June 2025, and approved the updated training plan for 2025/26. The committee also noted the financial performance of the fund for the year ending 31 March 2025, and received updates on external audit activity and responsible investment matters.
Decisions from Meetings
70 decisions · Page 10 of 14
External Audit Findings Report 2023-24
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to review the external auditor's findings regarding the audit of the Lancashire County Pension Fund's annual accounts for the year ended 31 March 2024, as detailed in Appendix A of the report.
For Determination
Exclusion of Press and Public
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
Recommendations Approved
Inter Valuation Contributions Review.
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to reflect the Department for Education's guarantee introduced in November 2024, the committee approved revised contribution rates for Further Education colleges, effective from that date, reclassifying them as lower-risk employers and authorizing refunds for any overpaid contributions.
For Determination
2024/25 Training Record and pension related training for Committee members.
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to determine the 2024/25 Training Record and pension-related training for Committee members.
For Determination
Training Plan 2025/26
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to ensure members have sufficient knowledge and understanding to undertake their roles adequately, the Committee approved the Training Plan for 2025/26, which includes LOLA modules, bespoke workshops, and external training opportunities.
For Determination
Summary
Meetings Attended: 9
Average per Month: 0.4
Decisions Recorded: 70