Local democracy

Issue - meetings

EXTERNAL BUSINESS - PENSIONS ADMINISTRATION FOR THE FIREFIGHTERS' PENSION SCHEMES

Meeting: 31/01/2019 - West Yorkshire Pension Fund Joint Advisory Group (Item 37)

37 EXTERNAL BUSINESS - PENSIONS ADMINISTRATION FOR THE FIREFIGHTERS' PENSION SCHEMES pdf icon PDF 113 KB

West Yorkshire Pension Fund (WYPF) manages a shared service partnership to provide a pensions administration service for fourteen Fire Authorities.

 

The report of the Director, West Yorkshire Pension Fund, (Document “W”) provides an update on business to date.

 

Recommended –

 

That the report be noted.

 

(Yunus Gajra – 01274 4323

Decision:

Resolved –

 

That the report be noted.

 

ACTION:       Director, West Yorkshire Pension Fund

 

Minutes:

 

West Yorkshire Pension Fund (WYPF) manages a shared service partnership to provide a pensions administration service for fourteen Fire Authorities.

 

The report of the Director, West Yorkshire Pension Fund, (Document “W”) provided an update on business to date.

 

Members were advised that the number of Fire Authorities that WYPF now provided pension administration services for had increased from seven to fourteen in the last year.  That figure equated to nearly a third of all the Fire Authorities in England.

 

The seven new Fire Authorities were:

 

Devon and Somerset FRA

Dorset and Wiltshire FRA

Tyne and Wear FRA

Northumberland FRA

Norfolk FRA

Staffordshire FRA

Hereford and Worcester FRA

 

It was explained that a number of Key Performance Indicators were below their targets and that was largely due to data transition issues with the seven clients that had gone live within the past six months.   It was expected that those figures would improve significantly for the next report to Members.

 

As a result of the additional workloads due to increasing clients WYPF had recently recruited a number of Pensions Officers to the administration team and also to the Payroll Team.  Those officers should all be in post by the end of January 2019.

 

Resolved –

 

That the report be noted.

 

ACTION:       Director, West Yorkshire Pension Fund