The City of London Police Pensions Board met on Wednesday 10 June 2026 to review updates on the administration of the Police Pension Scheme, consider the scheme's risk register, and discuss the review of activities for the previous financial year. The meeting also included updates from the Scheme Manager.

Administrator's Update

The Board was scheduled to receive an update from the Chamberlain regarding the administration of the City of London Police Pension Scheme. This update was expected to cover the annual schedule of events for the scheme, details on scheme record keeping, and any recent breaches of the law. Information was also to be provided on audit reports relating to the administration of the scheme, data protection policies, and the ongoing development of the Pension Administration System, including the online member portal. The report was also to detail the 'pre-retirement' webinars being delivered to police officers. A significant portion of this update was dedicated to the ongoing implications of the McCloud legal challenge¹ and the introduction of Pensions Dashboards².

Risk Register Review

A report from the Chamberlain was scheduled to present the Risk Register for the Police Pensions Board. This document outlines key risks identified by the Board, along with their associated risk scores, likelihood of occurrence, potential impact, and proposed mitigation strategies. The report indicated a recommendation to decrease the risk score for CHB COLP PSB05 Pension Fraud to align it with the score on the Local Government Pensions Committee risk register. The report also highlighted two amber risks: the McCloud legal case (CHB COLP PSB08) and Cyber Security (CHB COLP PSB07), noting that while the likelihood of the McCloud remedy's impact is decreasing, its impact remains high.

Review of Activities (1 April 2025 - 31 March 2026)

The Board was to consider a draft report summarising its activities for the financial year 1 April 2025 to 31 March 2026. This report was intended for submission to the CoL Police Authority Board. The draft report detailed the Board's ongoing review of the City of London Police Pensions Office's working practices, including the monitoring of all communications issued to scheme members. It also covered the review and updating of the Board's Risk Register and the continued undertaking of online training modules provided by The Pensions Regulator³. The report also noted that all Board Members had completed the mandatory training modules.

Scheme Manager Update

An update from the Commissioner of Police was scheduled to cover Scheme Manager activities for the period of 1 January 2026 to 31 March 2026. This report detailed the number of queries received and resolved, categorised by theme, with a focus on issues related to pension forecasts and transfer data. It also mentioned ongoing discussions with the Payroll Team regarding the implementation of a new member contribution structure and the successful delivery of a webinar in January 2026 concerning retirement planning and changes following the McCloud judgment.