Content

 
Resolved –
 

1.      That
the latest WYPF expenditure forecast of £16.55m against a
budget of £18.50m for 2024/25, net underspend of £1.95m
be noted.

 

2.     That the total WYPF
approved budget of £19.64m for 2025/26 be noted.

 

3.      That the WYPF total
cost per member of £44.67 is the lowest within LGPS
(2nd £69.55). Projected total cost per member for
2025/26 of £60.19 will maintain our cost performance going
forward. All LGPS cost will be up based on a number of regulatory
proposals be noted.

 

4.     That the Bradford
accounts for 2023/24
were signed of at the Governance & Audit 25 February 2025
meeting, thus meeting the statutory backstop deadline of 28
February 2025 be noted.
 
To be actioned
by: The Managing Director, WYPF