Issue - meetings
Appointment of an Actuarial and Benefits Provider (PART 2)
Meeting: 20/02/2019 - Clwyd Pension Fund Committee (Item 55)
Appointment of an Actuarial and Benefits Provider
To provide Committee Members with the process
undertaken to procure the services of an Actuarial and Benefits
provider and to approve the appointment of that Provider.
Decision:
(a) Based on the scoring set out in the report, the Committee agreed to reappoint Mercer to undertake the role of actuary and benefit consultant to the Clwyd Pension Fund for the period 1 April 2019 to 31 March 2025 (with the option to extend for a further 12 months to 31 March 2026).
Minutes:
Mr Middleman, Mr Harkin, Mr Buckland, Mrs McWilliam and Miss Gemmell left the Committee room on this item of the agenda.
Mrs Fielder presented the report and discussed the process followed for the procurement of an Actuarial and Benefits provider for the Pension Fund. This included the scoring criteria and final scores for the tenders received.
RESOLVED:
(a) Based on the scoring set out in the report, the Committee agreed to reappoint Mercer to undertake the role of actuary and benefit consultant to the Clwyd Pension Fund for the period 1 April 2019 to 31 March 2025 (with the option to extend for a further 12 months to 31 March 2026).