2022 Actuarial Valuation

September 16, 2022 Pension Fund Committee (Committee) Approved View on council website

This 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

Lancashire Pension Fund Committee approved recommendations on 16/09/2022. The committee reviewed the Employer Risk Management Framework and Approach to Covenant Review. The funding strategy for the Lancashire County Pension Fund will be reviewed and consulted on with members.

Full council record

Purpose

Present the updated 'Employer Risk Management Framework and Approach to Covenant Review' which considers employer risk experience of the Fund, regulatory and actuarial developments.
Funding strategy for the Lancashire County Pension Fund is to be reviewed and consulted on with members. This paper will outline status and (if available) high-level changes to the strategy.

Details

OutcomeRecommendations Approved
Decision date16 Sep 2022