Cllr M Smith

Council: Lancashire

Committees: Pension Fund Committee (Co-Optee Voting)

Activity Timeline

Meetings Attended Note this may include planned future meetings.

10 meetings · Page 1 of 2

Pension Fund Committee Co-Optee Voting

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%.

January 23, 2026, 2:00 pm
Pension Fund Committee Co-Optee Voting

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.

December 12, 2025
Pension Fund Committee Co-Optee Voting

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.

September 19, 2025
Pension Fund Committee

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.

June 20, 2025
Pension Fund Committee

Pension Fund Committee - Friday, 7th March, 2025 10.30 am

March 07, 2025

Decisions from Meetings

70 decisions · Page 3 of 14

Risk Register

From: Pension Fund Committee - Friday, 12th December, 2025 10.30 am - December 12, 2025

...to approve the significant updates to the Fund's risk register.

Recommendations Approved

Local Pensions Partnership Administration Update

From: Pension Fund Committee - Friday, 12th December, 2025 10.30 am - December 12, 2025

...to approve the recommendations presented in the update on administration services delivered by Local Pensions Partnership Administration Limited (LPPA) for Quarter 2 of 2025.

Recommendations Approved

Responsible Investments Report

From: Pension Fund Committee - Friday, 12th December, 2025 10.30 am - December 12, 2025

...approved the recommendations within the Responsible Investments Report, which outlined the work undertaken by the Fund's pooling partner, Local Pensions Partnership Investments Limited (LPPI), on responsible investment aspects for the period July to September 2025.

Recommendations Approved

Summary

Meetings Attended: 10

Average per Month: 0.4

Decisions Recorded: 70