Issue - meetings
Pensions Administration report
Meeting: 30/11/2020 - Pension Committee (Item 50)
50 Pensions Administration report 
PDF 143 KB
Additional documents:
- Appendix 1 - Pensions KPI Scorecard Feb 20 to Sep 20, item 50
PDF 178 KB
- Appendix 2 - KPI Helpdesk performance to Sep 20, item 50
PDF 229 KB
- Appendix 3 - PAT structure chart, item 50
PDF 512 KB
- Appendix 4 - 2020 ABS position as at 31.8.20, item 50
PDF 199 KB
- Appendix 5 - ABS letter to tPR, item 50
PDF 82 KB
- Appendix 6 - ABS 325 Casual Workers briefing paper, item 50
PDF 362 KB
- Appendix 7 - Internal Audit 2019.20, item 50
PDF 232 KB
- Appendix 8 - GMP consultation, item 50
PDF 418 KB
- Webcast for Pensions Administration report
Minutes:
50.1 The Committee considered a report providing an update to the Pension Committee on matters relating to Pensions Administration activities.
50.2 It was clarified that this year 1,296 Annual Benefit Statements (ABS) were not produced compared to 15k last year and the figure is now comparable to other administering authorities. The reduction in unproduced statements is largely as the result of a member tracing exercise that found addresses for a large number of gone away deferred members. There will be a repeat tracing exercise on a bi-annual basis from now on to help ensure the number stays low.
50.3 The Committee RESOLVED to:
1) Note the updates;
2) Note the progress of management in implementing the agreed actions arising from the internal audit report (Appendix 7);
3) Note the proposed Pension Administration Team (PAT) structure and estimated costs following transition from share service arrangements (Appendix 3).