Meeting documents

SCC Somerset Pensions Board
Friday, 8th April, 2022 10.00 am

Venue: Virtual meeting via Microsoft Teams

Contact: Neil Milne on 01823 359045 or Email: 

No. Item


Apologies for Absence


Cllr M Healey and Mrs R Ellins were not present.



Declarations of Interest

Details of all Members’ interests in District, Town and Parish Councils can be viewed on the Council Website at

County Councillors membership of Town, City, Parish or District Councils and will be displayed in the meeting room (where relevant).


The Statutory Register of Member’s Interests can be inspected via request to the Democratic Services team.



The Chair noted that there is a standing declaration of interest for all Board members, and there were no new declarations.



Minutes from the previous meeting held on 18th February 2022 pdf icon PDF 73 KB

The Committee is asked to confirm the minutes are accurate.


The minutes of the meeting held on 18 February 2022 were accepted as being accurate and will be signed by the Chair of the Board.



Public Question Time

The Chair will allow members of the public to present a petition on any matter within the Board’s remit.  Questions or statements about any matter on the agenda for this meeting will be taken at the time when each matter is considered.


Mr Sigurd Reimers was in attendance but did not pose any questions or make any statements.


Review of Pensions Committee Papers

To consider the papers provided to the Pensions Committee at their meeting of 18th March 2022.



Review of Pension Fund Risk Register pdf icon PDF 41 KB

To consider this report from the Funds & Investments Manager.

Additional documents:


Mr Sweet observed that this has not changed since the last meeting of the Board.  The Board suggested the following risks: training needs, administrative needs, failing to pay in a prompt manner, and cost of living issues.  Mr Sweet said that most of these issues are already covered in the  ...  view the full minutes text for item 113.


Business Plan Update pdf icon PDF 38 KB

To consider this report from the Funds & Investments Manager.

Additional documents:


Mr Sweet stated that the Pensions Committee business plan is rather empty at the moment due to uncertainty over Councillor members being re-elected and/or re-appointed to the Pensions Committee.  He said there will be a skills gap audit and training towards the end of the year, and someone external may  ...  view the full minutes text for item 114.


Any Other Business of Urgency

The Chairman may raise any items of urgent business.


Mr Harris announced that this is his last Pensions Board meeting, as he will be moving to another position, and there will be a replacement for his current role.


Mr Milne noted that the next scheduled meeting will take place on 8 July 2022; it might be at County Hall,  ...  view the full minutes text for item 115.