Councillor Liz Johnson
Council: Lancashire
Committees:
Activity Timeline
Meetings Attended Note this may include planned future meetings.
6 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, 6th December, 2024 10.30 am
Decisions from Meetings
56 decisions · Page 7 of 12
Budget Monitoring 24-25 - Q3
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to address budget monitoring for 2024-25, the committee reviewed the financial results for the nine months ending December 31, 2024, and noted the budget and forecast variances outlined in the provided report, which indicated a lower deficit than initially budgeted.
For Determination
Appointment of a new Scheme Member representative on the Lancashire Local Pension Board
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to determine the appointment of a new Scheme Member representative on the Lancashire Local Pension Board.
For Determination
Local Pensions Partnership Administration Update
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to determine the appropriate action following an update on the Local Pensions Partnership's administration performance for Q3 of 2024/25.
For Determination
Responsible Investment Task and Finish Group
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
... the committee approved the draft Responsible Investment Policy and the Implementation Plan for the activity required under the draft Taskforce on Climate-related Financial Disclosures (TCFD) Regulations.
For Determination
Annual Breaches Report
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to determine the appropriate action regarding the Annual Breaches Report, which updated the committee on LCPF breaches occurring between January 1, 2024, and December 31, 2024.
For Determination
Summary
Meetings Attended: 6
Average per Month: 0.4
Decisions Recorded: 56