Issue - meetings

Annual Report of the ESFRS Local Firefighters Pension Board 2023/24

Meeting: 21/07/2022 - Scrutiny & Audit Panel (Item 12)

12 Annual Report of the ESFRS Local Firefighters Pension Board 2021/22 pdf icon PDF 181 KB

Report of the Assistant Director People Services

Minutes:

The Panel received the report of the Assistant Director People Services (ADPS) informing Members of the matters considered by the Pensions Board during 2021/22.  The board had met on four occasions during the year ad had considered matters including: Terms of Reference, Policies and guides for the Board and the Firefighter Pension Schemes (FPS) and current issues and updates relating to the Authority’s FPS.

 

The Panel were grateful for the update report.  In response to a query regarding software or non-scheme costs the ADR/T confirmed that to apply “remedy” there were 2 software companies who would have to provide updates.  The Service pays a per member charge to West Yorkshire Pension Fund working on a cost recovery basis, the one off cost would be paid over 5 years on the per member charge.  If costs are non-scheme, they cannot be paid by the pension account.  The Pension Dashboard costs would be covered by the fee paid to WYPF; the Local Government Association had made representation requesting a delay to the implementation of approximately 6 months.

 

RESOLVED: The Panel agreed to note the annual report of the Firefighters’ Pension Board for 2021/22.