Agenda and minutes

The minutes of the meeting held on 9 November 2009 were taken as read, confirmed and signed.

The Chief Executive reported that no questions had been received under Standing Order 35.

The Chief Executive reported that no questions had been received under Standing Order 7(3) and 7(5).

There were no urgent items for consideration.

The Chairman invited members who wished to do so to declare any interest in respect of items on the agenda for the meeting.

Mr D R Parsons CC and Prof M E Preston CC declared a personal non-prejudicial interest in the item entitled ‘Pension Fund Management Board – Proposed Changes to Governance Arrangements’ (minute 34 refers) as members of the Leicestershire Pension Scheme.

The Committee considered a report of the Chief Executive which enabled recommendations to be put to the County Council relating to proposed changes to the governance arrangements for the Pension Fund Management Board.  A copy of the report marked ‘B’ is filed with these minutes.

The Committee also considered a letter from the Director of Corporate Resources to the Unison Branch Secretary which responded to concerns raised by Unison regarding the proposed changes to the structure of the Pension Fund Management Board.  A copy of the letter is filed with these minutes.

RESOLVED:

(a)       That the County Council be recommended to approve the proposed governance arrangements for the Pension Fund Management Board, including the revised terms of reference as set out in Appendix C to this report;

(b)       That, subject to (a) above, the County Council be recommended to make the necessary appointments.

The next meeting of the Committee will be held on Monday 28 June at 2.00pm.

It was noted that the next meeting of the Committee would be held on Monday 28 June 2010 at 2.00pm.