1. East Sussex Pension Fund Employers Forum 23rd November 2018
Cllr. Richard Stogdon
Chairman, East Sussex Pension Committee
In attendance of members of pension fund
Chairman of the Pension Committee
To welcome everyone to the East Sussex Pension Fund Employers Forum

2. Content of Forum Pensions Governance –
Local Pension Board
Current Market Environment – UBS
LGPS Investment Pooling – ACCESS
Pension Governance - The Pensions Regulator
2019 Triennial Valuation preparation
In attendance of members of pension fund
Chairman of the Pension Committee
To welcome everyone to the East Sussex Pension Fund Employers Forum

3. Good Fund Governance has resulted in:
Chairman's Address
Good Fund Governance has resulted in:
One of the very best funding levels in the LGPS.
Delivering good member outcomes.

4. East Sussex Pension Board
Richard Harbord
Chairman, East Sussex Pension Board

5. Pension Fund - Who’s who
Administering Authority
“Scheme Manager”
East Sussex County Council
Delegated Function
S 151 Officer
S151 responsibility under Local Government Act 1972
Pension Committee
s.101 responsibility under Local Government Act 1972
Pension Board
Public Service Pensions Act 2013 responsibility
Delegated Function
Other Officers
Responsibilities under Local Government Act 1972
Employing Authorities

6. Local Pension Board – what do we do?
The Local Government Pension Scheme Regulations (2015)
Responsibility for assisting the scheme manager in:
Securing compliance with LGPS Regulations
Scrutinise?
Ensure effective & efficient governance & administration of the scheme.
Securing compliance with requirements imposed by the Pensions Regulator in relation to the LGPS

7. Pension Board Members Representing Organisation Board Members 1
Employers
University of Brighton
Sue McHugh 2
Wealden D.C
Cllr. Brian Redman 3
Brighton & Hove C. C.
Cllr. Kevin Allen 4
Scheme Members
UNISON
Angie Embury 5
GMB
Rezia Amin 6
Pensioners rep.
Diana Pogson 7
Independent Chair -
Richard Harbord

8. Work Undertaking
Internal governance issues – Terms of Reference/Conflict of Interest
Pension Committee agenda/minutes
Forward Plan and Training Strategy
Investment Manager fees
Investment Performance report
Compliance with Code of Practice
Business Operations KPI’s
Pension Fund Risk Register
Pension Fund Internal Audit Reports
Pension Fund Annual Report & Accounts

9. Future Structure of meetings
Work plan aligned to Business Plan
3 part agenda:
1. Standing Items:
Ongoing review of strategies and policies
Board internal governance issues
Review Pension Committee minutes/agenda
Forward Plan/Training Strategy
ACCESS/LGPS Pooling
2. Recurring Business Items:
Review of the Business Ops/compliance/discretions
3. Specific Business Items:
Risk Register/KPI’s & Benchmarking/Communications / Fund resources

10. Additional information
Available through the links below –
Pension Board
Pension Committee

11. Any Questions?