Agenda and minutes

The Head of Legal and Democratic Services to note any changes to the membership

1.1       There were no changes to the membership.

To receive declarations by Members and Officers of the existence and nature of any personal or prejudicial interests in matters on this agenda.

2.         There were no Declarations of Interest.

To sign the minutes of the meeting held on 25 November 2014.

3.1       The Chairman, with the consent of the Members present, signed the minutes          of the meeting held on 24 November 2014 as a true and correct record of the   proceedings.

Report of the Director of Corporate Finance and Investment.

4.1       Jonathan Hunt, Director of Corporate Finance and Investment, introduced the report.  He advised that the establishment of a pension board was now a legal requirement.  He asked that the periods of office for each board member be increased from 2 years to 3 years with the option to increase the term of office by 3 years instead if 2 years.

4.2       The Committee asked, in addition to the changes set out in paragraph 4.1 above, that it be confirmed that the two nominated employer representatives could be Members of the Council.

            RESOLVED:

(a)             That the establishment of a Pension Board and its terms of reference attached at Appendix 1 of the report be approved subject to the amendments set out in paragraphs 4.1 and 4.2 above.

(b)         That the approval of the Pension Board Code of Conduct, Conflicts of          Interests Policy, Training Policy and the process for selecting non-Councillor members of the Board be delegated to the Chief Executive following consultation with the Chairman of the General Purposes    Committee and the Chairman of the Pensions Fund Committee.

Report of the Head of Legal and Democratic Services.

5.1       Mick Steward, Head of Committee and Governance Services, introduced the report.  It was noted that Members were no longer able to obtain a local government pension accordingly that reference in the proposed scheme would be removed.

            RESOLVED: That the Council be recommended to approve the Members Allowances Scheme 2015/16.