Pension Fund Committee

Role of the Pension Fund Committee

The role of the Pension Fund Committee is to: 

1. Fulfil the role of Scheme Manager, as set out in regulations, of the Lancashire County Pension Fund ("the Fund" or "LCPF");
2. Establish policies in relation to investment management, which shall include meeting with the Investment Panel to consider future Investment policy for the Fund;
3. Monitor and review investment activity and the performance of the Fund; and
4. Present an annual report to the Full Council on the state of the Fund and on the investment activities during the preceding year.

The responsibilities of the Committee include the Fund’s investment strategy, the Statement of Investment Principles, acceptance of the triennial valuation report produced by the Fund Actuary, appointment of AVC providers and the appointment of investment managers,

Pension Fund Committee Members

The latest list of committee members can be found here - Council - Contact details - Pension Fund Committee (lancashire.gov.uk)

Details for each member can be found here including their photograph - Council - Your Councillors (lancashire.gov.uk)

Pension Fund Committee Agenda/Minutes

These can be found here - Council - Browse meetings - Pension Fund Committee (lancashire.gov.uk)

Terms of Reference for Pension Fund Committee

The link for the Terms of Reference can be found here