Revised Inter Authority Agreement of the Wales Pension Partnership / Cytundeb Rhyng-Awdurdod Diwygiedig Partneriaeth Pensiwn Cymru

March 3, 2026 Council (Other) Key decision Approved View on council website

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Summary

...unanimously approve revisions to the Inter-Authority Agreement for the Wales Pension Partnership, authorize the sealing of the revised agreement, delegate authority to amend the Constitution, and assign oversight of implementation to the Strategic Director of Resources and Head of Pensions.

Full council record
Purpose

Greater Gwent (Torfaen) Pension Fund / Wales
Pension Partnership arrangements

Content

Council unanimously agreed
to:
 
i.             
Approve the revisions made to Inter-Authority
Agreement (IAA) within appendix 1, as summarised within section 4
of this report;
ii.            
Give authority to the Head of Legal Services to seal
the revised IAA ensuring that approvals sought under
8.1(i) can be legally implemented;
iii.           
Provide delegated authority to the Monitoring
Officer, in consultation with the Members Constitution Working
Party to amend the Constitution to reflect any changes needed
as a result of this report;
and
iv.          
Delegate the oversight of implementing these changes
to the Strategic Director of Resources and Head of Pensions, with
progress updates to be brought back to Pensions Committee in their
role of discharging the duties of the Council, as Administering
Authority of the Fund.

Related Meeting

Council - Tuesday, 3rd March, 2026 10.00 am on March 3, 2026

Supporting Documents

IAA Council Report - 030326.pdf
Appendix 1 - Inter-Authority Agreement.pdf

Details

OutcomeRecommendations Approved
Decision date3 Mar 2026