Councillor David Whipp
Council: Lancashire
Committees:
Activity Timeline
Meetings Attended Note this may include planned future meetings.
9 meetings · Page 1 of 2
Pension Fund Committee - Friday, 23rd January, 2026 2.00 pm
The Pension Fund Committee of Lancashire County Council met on Friday, 23rd January 2026, to discuss key parameters for the 2025 valuation of the pension fund. The committee ultimately resolved to approve a funding strategy statement with a 115% funding buffer and a 20-year recovery period, resulting in a provisional average employer contribution rate of 9.1%.
Pension Fund Committee - Friday, 12th December, 2025 10.30 am
The Lancashire County Council Pension Fund Committee was scheduled to meet on 12 December 2025 to discuss pension-related training for committee members, budget monitoring for the 2025/26 financial year, and responsible investment activity. Also on the agenda was an update on the Funding Strategy Statement consultation, and the Local Pensions Partnership Annual Report and Accounts for 2024/25. Some items, including updates on the Lancashire County Pension Fund (LCPF) Strategic Plan 2024/25, Local Pensions Partnership Administration (LPPA), risk register, shareholder and investment performance, and the appointment of an independent investment advisor, were scheduled to be discussed in Part II of the meeting, which was not open to the press or public.
Pension Fund Committee - Friday, 19th September, 2025 10.30 am
The Lancashire County Council Pension Fund Committee met to discuss responsible investment, review the draft funding strategy statement, and address an urgent matter regarding the McCloud remedy[^2] and reporting requirements. The committee also reviewed pension-related training for its members and the Pension Fund Annual Report 2024/25.
Pension Fund Committee - Friday, 20th June, 2025 10.30 am
The Lancashire County Council Pension Fund Committee met on 20 June 2025, and approved the updated training plan for 2025/26. The committee also noted the financial performance of the fund for the year ending 31 March 2025, and received updates on external audit activity and responsible investment matters.
Decisions from Meetings
70 decisions · Page 4 of 14
Investment Panel Update
From: Pension Fund Committee - Friday, 12th December, 2025 10.30 am - December 12, 2025
...to approve the recommendations presented in an update on the Investment Panel's business from their September and October 2025 meetings.
Recommendations Approved
Transaction of Urgent Business - Local Pensions Partnership Independent Director (Chair) Appointment
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
...to determine the transaction of urgent business regarding the appointment of a Local Pensions Partnership Independent Director (Chair), a decision previously taken by the Director of Law and Governance on April 30th, 2025.
For Determination
Lancashire County Pension Fund - Budget 2024/25
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
...to determine the outturn position of the Lancashire County Pension Fund for the year ending 31 March 2025.
For Determination
Minutes of the last meeting.
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
...the Committee approved the Minutes of the meeting held on 6 December 2024.
For Determination
Lancashire County Pension Fund - External Audit Plan 2024/25
From: Pension Fund Committee - Friday, 20th June, 2025 10.30 am - June 20, 2025
...to determine Grant Thornton's External Audit plan regarding the audit of Lancashire County Pension Fund 2024/25 Financial Statements.
For Determination
Summary
Meetings Attended: 9
Average per Month: 0.4
Decisions Recorded: 70