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 8 of 12
Environmental Opportunities
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to determine the proposal for the Environmental Opportunities Fund based on the Investment Panel's recommendation.
For Determination
External Audit Findings Report 2023-24
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...to review the external auditor's findings regarding the audit of the Lancashire County Pension Fund's annual accounts for the year ended 31 March 2024, as detailed in Appendix A of the report.
For Determination
Minutes of the last meeting.
From: Pension Fund Committee - Friday, 7th March, 2025 10.30 am - March 07, 2025
...the recommendations presented to the committee were approved.
Recommendations Approved
Local Pensions Partnership Annual Report and Accounts
From: Pension Fund Committee - Friday, 6th December, 2024 10.30 am - December 06, 2024
...to determine the Local Pensions Partnership Annual Report and Accounts for shareholders to note, in line with the shareholders agreement.
For Determination
Budget Monitoring 2024/25 - Q2
From: Pension Fund Committee - Friday, 6th December, 2024 10.30 am - December 06, 2024
...to determine the Budget Monitoring report as at 30.09.2024 for 2024/25 - Q2.
For Determination
Summary
Meetings Attended: 6
Average per Month: 0.4
Decisions Recorded: 56