Admission and Termination Policy
September 18, 2020 Pension Fund Committee (Committee) Awaiting outcome View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Pension Fund Committee decided to approve changes to the Admission and Termination Policy for the Lancashire County Pension Fund on 18 September 2020. The committee agreed that a further report on the outcome of employer consultation and a final draft policy would be presented on 27 November 2020. The policy updates incorporate changes to legislation covering exit credits and the McCloud judgement, and align with the Funding Strategy Statement.
Full council record
Purpose
The report contains updates to the Admission and Termination policy in light of recent legislation changes and to bring the policy in line with the Funding Strategy Statement which was amended in March 2020.
Details
| Outcome | For Determination |
| Decision date | 18 Sep 2020 |