Issue - meetings
McCloud Update and Consultation Response
Meeting: 07/10/2020 - Clwyd Pension Fund Committee (Item 111)
111 McCloud Update and Consultation Response 
PDF 115 KB
To provide Committee Members with an update on
McCloud and provide the Clwyd Pension Fund draft consultation
response for approval.
Additional documents:
- Enc. 1 for McCloud Update and Consultation Response, item 111
PDF 263 KB
- Enc. 2 for McCloud Update and Consultation Response, item 111
PDF 663 KB
- Enc. 3 for McCloud Update and Consultation Response, item 111
PDF 293 KB
- Webcast for McCloud Update and Consultation Response
Decision:
(a) The Committee considered the update.
(b) The Committee approved the Clwyd Pension Fund draft consultation response.
Minutes:
Mrs Williams presented this report and explained that the McCloud remedy is an age discrimination case. The Court of Appeal ruled that younger members of the Judges’ and Firefighters’ Pension schemes had been discriminated against because the protections for older members did not apply to them. The impact of the McCloud remedy proposed will be significant for the administration team and employers as it could involve considering and rectifying approximately 12,000 member benefits in the Fund based on an initial count. Due to the significance of the work involved, the Fund had established a formal programme to ensure that the work in respect of the McCloud remedy was delivered in line with the agreed success criteria.
Mrs Williams referred to the McCloud consultation response, which was circulated to the Committee on 14 September, after it had been agreed by the Steering Group comprising of the Pension Board and the Committee Scheme Member Representative. Mrs Williams asked for any further comments on the consultation response and none were made.
Mrs Williams referred the Committee to the McCloud programme update in the Appendix to the report. She explained the team were also working on an employer questionnaire to distinguish how data had been provided over the years and what data needs to be collected/verified in order to progress the McCloud remedy. One-to-one meetings would be held with each employer, to discuss the data requirements.
The Fund had been working with their pension administration software provider to ensure the appropriate software tools were available for data collection and input, and will be adapting the Fund's internal processes to meet the new McCloud requirements for scheme member benefit calculations.
RESOLVED:
(a) The Committee considered the update.
(b) The Committee approved the Clwyd Pension Fund draft consultation response.