Pension Board - Monday, 13 July 2026 - 2.30 pm
4 attendees · 0 documents · 0 media files
Recent meetings
14 meetings · Page 1 of 2
Pension Board - Monday, 23 March 2026 - 2.30 pm
The Pension Board meeting scheduled for Monday, 23 March 2026, was set to cover a range of important financial and administrative updates concerning the Royal Borough of Kensington and Chelsea Pension Fund. Key discussions were expected to include the resul...
Pension Board - Wednesday, 5th November, 2025 2.30 pm
The Pension Board meeting scheduled for 5 November 2025 was set to cover a range of financial and administrative updates concerning the Pension Fund. Key discussions were expected to include the quarterly performance review, cashflow updates, and the progre...
Pension Board - Monday, 18th August, 2025 2.30 pm
This meeting of the Kensington and Chelsea Pension Board was scheduled to include a discussion of the implementation of annual benefit statements, and to consider whether to delay the inclusion of information about the McCloud remedy[^2] in the statements i...
Pension Board - Wednesday, 9th July, 2025 2.30 pm
The Kensington and Chelsea Pension Board met to discuss pension administration, review fund policies, and consider investment performance. The board was also scheduled to discuss its business plan and direct property investments.
Pension Board - Thursday, 3rd April, 2025 2.30 pm
The Pension Board met on Thursday, 3 April 2025, to discuss the fund's financial performance, administration, and risk management. Key decisions included noting the quarterly investment update, which showed a positive overall fund value increase, and review...
Pension Board - Wednesday, 26th February, 2025 2.30 pm
7 attendees · 10 documents · 0 media files
Pension Board - Wednesday, 17 April 2024 - 2.30 pm
0 attendees · 0 documents · 0 media files
Pension Board - Wednesday, 21 February 2024 - 2.30 pm
0 attendees · 0 documents · 0 media files
Pension Board - Tuesday, 31 October 2023 - 2.30 pm
0 attendees · 0 documents · 0 media files
About
PENSION BOARD The role of the local Pension Board is defined by section 5 of the Public Service Pensions Act 2013 and regulation 106 of the Local Government Pension Scheme Page 112 Constitution Part Five, Sections One and Two – Committee Duties, Membership and Chairmanship Amended May 2023 (LGPS) Governance Regulations 2013. It is to assist the administering authority (the Council) with: Securing compliance with the LGPS Governance regulations and any other legislation relating to the governance and administration of the LGPS; Securing compliance with any requirements imposed by the Pensions Regulator in relation to the scheme, and, Ensuring effective and efficient governance and administration of the scheme[1]recommendations to the Investment Committee.
1. Membership is by appointment process. The Pension Board shall consist of six members and be constituted as follows: (i) Three employer representatives comprising one from an admitted or scheduled body and two nominated by the Council; and (ii) Three scheme member representatives whether from the Council or an admitted or scheduled body. (iii) The process for selecting non-Council nominated members of the Pension Board is set out in a separate document “Selection of Pension Board members”. (iv) Only one employee/employer representative should resign each year, on a rolling basis, so that the Board would always have two serving representatives. The Pension Board shall be quorate when three Pension Board Members are in attendance. · The Chairman and Vice Chairman of the Board will be appointed by members of the Board as the first business at their first meeting. · Each Scheme Member representative may agree a nominate substitute at the first meeting who would act in the Board member’s absence. · Each Employer representative is there on behalf of the employer, so may be replaced by the nominating body with another individual representing the same employer. · Each Employee member shall be appointed for a fixed period of four years, which can be extended for a further four-year period subject to re-nomination.
