Wrthi'n llwytho
Does dim crynodeb o'r cyfarfod hwn eto. Caiff un ei ysgrifennu pan fydd y cyngor yn cyhoeddi'r cofnodion. Mae'r agenda a'r papurau isod.
In accordance with the Code of Conduct adopted by the City & County of Swansea, the following interests were disclosed: I Guy, R Thomas and Councillor C R Doyle declared personal interests in the agenda as a whole. Officers: K Cobb, J Dong, L John and J Parkhouse declared personal interests in the agenda as a whole.
Resolved that the Minutes of the Local Pension Board meetings held on 24 September and 25 November be approved and signed as correct records.
The Deputy Chief Finance Officer / Deputy S151 Officer provided a ‘for information’ report which provided the revised Pension Fund Administration Strategy Report. It was outlined that the Pension Fund Committee had approved the previous Pension Administration Strategy in November 2021. In line with best practice, evolving service standards and emerging challenges, it had been determined to review and update the Strategy. It was added that the revised Pension Administration Strategy outlined the administrative requirements and performance standards that the Fund and its participating employers were required to meet to deliver a cost-effective and high-quality pension administration service. This aligned with the Fund’s Business Plan and ensured compliance with statutory obligations.
The Deputy Chief Finance Officer / Deputy S151 Officer provided a ‘for information’ report which outlined the fund’s intent to exercise its permitted discretion to extend the deadline for the completion of the rectification and implementation of the McCloud remedy to 31 August 2026.
The Deputy Chief Finance Officer / Deputy S151 Officer submitted a ‘for information’ report which informed the Local Pension Board that Councillor Will Thomas had been appointed as a Non-Voting Co-opted Member of the Pension Fund Committee on 10 September 2025.
Rhan o fater a ddilynwyd ar draws 3 cyfarfod
The Deputy Chief Finance Officer / Deputy S151 Officer presented the Audit Wales, Audit of Accounts Report - City & County of Swansea Pension Fund 2024-2025. He noted that the Auditor would be issuing an Unqualified Audit. The Chair and Deputy Chief Finance Officer / Deputy S151 Officer thanked the Officers of the Authority for their work during the audit process. The Deputy Chief Finance Officer / Deputy S151 Officer also thanked Audit Wales for their work and support. Resolved that the report be noted.
The Deputy Chief Finance Officer / Deputy S151 Officer submitted a ‘for information’ report which outlined breaches which had occurred in the period in accordance with the Reporting Breaches Policy.
The Deputy Chief Finance Officer / Deputy Section 151 Officer submitted a ‘for information’ report which provided the annual report & statement of accounts for the City & County of Swansea Pension Fund 2024-2025. The Officers involved in producing the report were thanked by the Chair and Deputy Chief Finance Officer / Deputy Section 151 Officer.
The Deputy Chief Finance Officer / Deputy Section 151 Officer submitted a ‘for information’ report which outlined the changes to the staffing levels with the aim of addressing scheme administration challenges and Regulatory changes to ensure that the structure was fit for purpose to meet the objectives of the Pension Fund.
The Deputy Chief Finance Officer / Deputy Section 151 Officer submitted a ‘for information’ report which outlined the draft Funding Strategy Statement pending consultation responses from Employers.
The Board was requested to exclude the public from the meeting during consideration of the item(s) of business identified in the recommendation(s) to the report on the grounds that it / they involved the likely disclosure of exempt information as set out in the exclusion paragraph of Schedule 12A of the Local Government Act 1972, as amended by the Local Government (Access to Information) (Variation) (Wales) Order 2007 relevant to the item(s) of business set out in the report. The Board considered the Public Interest Test in deciding whether to exclude the public from the meeting for the items of business where the Public Interest Test was relevant as set out in the report. Resolved that the public be excluded for the following items of business. (Closed Session)
Rhaid i gynghorwyr ddweud pan fydd ganddyn nhw gysylltiad personol â rhywbeth sy'n cael ei drafod, fel swydd, eiddo neu aelod o'r teulu. Mae buddiant sy'n rhagfarnu yn ddigon cryf i'r cynghorydd adael yr ystafell fel arfer a pheidio â chymryd rhan.
Caiff datganiadau eu darllen o'r cofnodion unwaith y byddan nhw wedi'u cyhoeddi.
Yn rhestru cynghorwyr presennol y cyngor yn unig. Nid yw aelodau cyfetholedig, swyddogion a chyn-gynghorwyr yn cael eu dangos.