Decision details

FUNDING STRATEGY STATEMENT (FSS)

Decision Maker: West Yorkshire Pension Fund Joint Advisory Group

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

Resolved –

 

1.    That the proposed increase of the probability of funding success to 75%; the proposed 1% increase to be added to liabilities on exit to take into account the potential increase in liabilities for both McCloud and GMP equalisation and the resulting changes to the Funding Strategy Statement be approved.

 

2.    That the postponement of the employer consultation exercise, agreed in January 2019 in relation to updates to LGPS Regulation 64 pending the outcome of the national consultation and potential changes to the regulations, be noted.

 

ACTION:       Director, West Yorkshire Pension Fund

 

Publication date: 31/07/2019

Date of decision: 25/07/2019

Decided at meeting: 25/07/2019 - West Yorkshire Pension Fund Joint Advisory Group

Accompanying Documents: