MINUTES of a meeting of the Pension Committee held at Committee Room, County Hall, Lewes on 24 July 2025.
|
PRESENT |
Councillors Gerard Fox (Chair) Councillors Ian Hollidge, Paul Redstone and David Tutt |
|
|
|
|
ALSO PRESENT |
Ian Gutsell, Chief Finance Officer Susan Greenwood, Head of Pensions Russell Wood, Pensions Manager: Investments and Accounting James Sweeney, Pensions Investment Officer Bekki Freeman, Solicitor Sophie Webb, Governance and Democracy Manager
David Moreton, Partner and Head of LGPS Investment - Barnett Waddingham Barry McKay, Partner and Head of Public Sector Consulting - Barnett Waddingham Karen Jamieson, Actuarial Consultant - Barnett Waddingham
Ray Martin, Pension Board Independent Chair Philippa Buckingham, Pension Board Employer Representative Zoe O’Sullivan, Pension Board Scheme Member Representative Trevor Redmond, Pension Board Scheme Member Representative Neil Simpson, Pension Board Scheme Member Representative Councillor Andrew Wilson, Pension Board Employer Representative
Councillor Nick Bennett, Lead Member for Resources and Climate Change
|
24. Minutes of the meeting held on 19 June 2025
24.1 The Committee RESOLVED to agree the minutes of the meeting held on 19 June 2025 as a correct record.
25. Apologies for absence
25.1 Apologies for absence were received from Councillor Taylor.
26. Disclosure of Interests
26.1 Ray Martin, Independent Chair of the Pension Board declared a personal interest in item 7. The detail of this declaration has been withheld as it would reveal exempt information as specified in paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972 (as amended), namely information relating to the financial or business affairs of any particular person (including the authority holding that information). He did not take part in the discussion for this item.
27. Urgent items
27.1 There were no urgent items.
28. Reports
28.1 Reports referred to in the minutes below are contained in the minute book.
29. Exclusion of the public and press
29.1 The Committee RESOLVED to exclude the public and press from the meeting for the remaining agenda item on the grounds that if the public and press were present there would be disclosure to them of exempt information as specified in paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972 (as amended), namely information relating to the financial or business affairs of any particular person (including the authority holding that information) and that the public interest in withholding the exempt information outweighs the public interest in disclosing it.
30. Pension Reform Agenda
30.1 The Committee considered a report by the Chief Finance Officer introduced by Susan Greenwood, Head of Pensions.
30.2 A summary of the discussion is set out in an exempt minute.
30.3 The Committee RESOLVED to agree the recommendations set out in the exempt report.
The meeting ended at 11.40 am.
Councillor Gerard Fox (Chair)