Issue - meetings

(a)       That the amendments to the Inter-Authority Agreement shown in Appendix 1 be approved; and

(b)       That the amendments to the Constitution, Financial Procedure Rules and Pension Board Protocol shown in Appendix 2 be approved.

The Chief Executive presented a report for the Council to approve amendments to the Constitution, Financial Procedure Rules and Pension Board Protocol with matters relating to the Clwyd Pension Fund, and to approve amendments to the Inter Authority Agreement with the Wales Pension Partnership.  The changes comprise were recommended to Council by the Clwyd Pension Fund Committee.

As Chair of the Clwyd Pension Fund Committee, Councillor Ted Palmer moved the recommendations which reflected minor but important changes.  He was seconded by Councillor Haydn Bateman.

In response to questions from Councillor Mike Peers, the Chief Executive provided clarification on the appointment of an independent expert Allocator to manage Private Markets.

The Chief Officer (Governance) provided background on the proposed change in arrangements to transfer responsibility for the write-off of pension fund bad debt from Cabinet to the Clwyd Pension Fund Committee.

Having been moved and seconded, the recommendations were put to the vote and carried.

RESOLVED:

(a)       That the amendments to the Inter-Authority Agreement shown in Appendix 1 be approved; and

(b)       That the amendments to the Constitution, Financial Procedure Rules and Pension Board Protocol shown in Appendix 2 be approved.