Issue - meetings

Admissions and Termination Policy

Meeting: 20/07/2021 - Warwickshire Local Pension Board (Item 6)

6 Admissions and Termination Policy pdf icon PDF 206 KB

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Minutes:

This report, presented by Vicky Jenks, Pensions Administration Manager, provided an update on proposed amendments to the Admissions and Terminations Policy of the Warwickshire scheme following an amendment to the Local Government Pension Scheme Regulations. The proposed amendments provided additional flexibilities in the making of exit payments and the policy had also been updated to refer to charges the Fund would pass on to employers seeking to join or exiting the Fund.

 

The Local Pension Board noted the amended Admissions and Termination Policy and highlighted typographical errors at paragraph 2.1.2 (which referred to a missing table at Part 4) and paragraph 2.3.2 (relating to sub-numbering values).