The report of the Director, West Yorkshire Pension  Fund (WYPF)  (Document “S”) provides an update on WYPF’s pensions administration activities over the last six months.

Recommended –

That Document “S” be noted.

(Yunus Gajra – 01274 432343)

Resolved –

That the report be noted.

ACTION:       Director, West Yorkshire Pension Fund

The report of the Director, West Yorkshire Pension Fund (WYPF) (Document “S”) provided an update on WYPF’s pensions administration activities over the last six months.

The report provided a very comprehensive account of administration activities including Performance and Benchmarking; Scheme Information; Praise and Complaints; Internal Dispute Resolution Procedures and Administration Updates.  Document “S” revealed that, with limited and justifiable exceptions, minimum targets had been met and consideration was being given to raising minimum standards.

During discussions about increased volumes of work due to ‘linkings’ it was revealed that members with multiple jobs could link those employments.  The fund had developed software which other funds had not established. It was questioned if those systems could be used to generate income.  It was explained that only ten other pension providers used the same systems.  The systems which had been developed internally had been sold back to the software providers.

In response to questions Members were advised of a number of categories for which the fund had been nominated for awards and it had been the recipient of three awards in the previous year.

Resolved –

That the report be noted.

ACTION:       Director, West Yorkshire Pension Fund