Issue - meetings
2016 Actuarial Valuation Progress
Meeting: 22/03/2016 - Clwyd Pension Fund Committee (Item 46)
46 2016 Actuarial Valuation Progress 
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To update Committee Members on the progress of
the actuarial valuation project, including key milestones,
communications with employers and other events.
Additional documents:
Decision:
That the progress being made with the actuarial valuation project and the planned meetings with employers be noted.
Minutes:
Mr Middleman, Fund Actuary - Mercer, presented a report to provide an update on the actuarial valuation project as at February 2016, including key milestones, communications with employers and other events. He advised that an overview of the actuarial valuation project plan was appended to the report.
Mr Middleman reported on progress with the actuarial valuation project as detailed in the report. He referred to discussions between the Actuary and Fund officers to consider the data requirements requested by the Actuary to complete the actuarial valuation exercise and said that meetings would be scheduled with employing bodies as a result. The first scheduled meeting is with the Councils on 14th April.
Mrs. McWilliam drew attention to a training session on the 2016 Actuarial Valuation exercise to be held on 11 May 2016, for members of the Local Pension Board and Clwyd Pension Fund Committee.
RESOLVED:
That the progress being made with the actuarial valuation project and the planned meetings with employers be noted.