22 WEST YORKSHIRE PENSION FUND RISK REGISTER 
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The report of the Director, West Yorkshire Pension Fund (Document “P”) advises members that West Yorkshire Pension Fund maintains a Risk Register which contains 45 risks that have been identified and framed into scenarios. The risks have been rated and 22 of these are above their acceptable tolerance level and 23 are below the tolerance line.
Information on five risks from the 22 which are above their tolerance level is included in Document “S” so that members can ensure that adequate Management Action Plans are in place to monitor those risks.
Recommended –
That the five risks and action plans to manage and mitigate those risks contained in Document “P” be noted.
(Yunus Gajra – 01274 432343)
Additional documents:
Decision:
Resolved –
That the five risks and action plans to manage and mitigate those risks contained in Document “P” be noted.
ACTION: Director, West Yorkshire Pension Fund
Minutes:
The report of the Director, West Yorkshire Pension Fund (Document “P”) advised members that West Yorkshire Pension Fund maintained a Risk Register which contained 45 risks that had been identified and framed into scenarios. The risks had been rated and 22 of these ware above their acceptable tolerance level and 23 were below the tolerance line.
Information on five risks from the 22 which were above their tolerance level was included in Document “S” so that members could ensure that adequate Management Action Plans were in place to monitor those risks.
A presentation on those risks was provided and included plans which were in place to mitigate those threats.
A Member questioned measures to be taken in the event of an electrical power cut. Assurances were provided that data was stored in the Council’s Britannia House offices where there were additional power generators in place; there were power generators available at the fund’s office in Aldermanbury House and that the data centre back up system would be implemented in such circumstances.
Resolved –
That the five risks and action plans to manage and mitigate those risks contained in Document “P” be noted.
ACTION: Director, West Yorkshire Pension Fund
