Firefighters Pension Scheme Scheme Advisory Board Actions Summary

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Actions Summary Grey shading indicates completed, other than for any further monitoring or reviews Meeting Date and agenda item 4d 4e 4f 4g Action: Action: Secretariat to amend ToR to clarify process of advising the Home Secretary, and circulate for consultation Action: Secretariat to include a training session in the meeting of 2 th May 201 Action: Secretariat to amend ToR to confirm Quorum and circulate for consultation Action: Secretariat to amend ToR to confirm position on substitutes and circulate for consultation Action: Sean Starbuck to provide Secretariat with suggested amendments, Action: Secretariat to provide a paper to board on options for appointment of legal and actuarial advisers Action: Board to write to local pension boards setting out methods for communication Action: SAB Budget to be drafted by secretariat Action: Board Policies to be drafted for Knowledge and Understanding, Code of Conduct and Conflicts Policy Progress Complete: ToR amended for meeting on 2 th May 201 Complete: Included in meeting on 2 th May 201 Complete: ToR amended for meeting on 2 th May 201 Complete: ToR amended for meeting on 2 th May 201 Complete: Sean sent amendments to Clair Complete: Paper 3 scheduled at SAB meeting 30th November 201 item 8 Complete: Letter of introduction from SAB Chair to boards circulated to SAB board members for agreement 29.0.201 Complete: Budget circulated to SAB board members for agreement 29.0.201 Not started, await appointment of SAB Secretariat. 18 Smith Square, Westminster, London SW1P 3HZ T 020 4 3189/ 020 4 320 E bluelight.pensions@local.gov.uk

Action: SAB to issue survey to boards to LPBs to understand constitution of local boards 18 Smith Square, Westminster, London SW1P 3HZ T 020 4 3189/ 020 4 320 E bluelight.pensions@local.gov.uk In progress, discussed with Local Pension Board Committee To be launched with website Complete: Survey issued on 28 November 201 Complete: Letter of introduction sent from SAB Chair to boards Complete Action: As per action 4e, secretariat to draft a letter to Local Pension Boards Action: To share board members email addresses Action: To share a list of all Local Pension Board members and chairs with Complete: Email sent 19 th May 201 SAB members 2.0.201 Action: To note that past service costs are potentially a risk to the cost To keep on agenda. Formal response sent to 3 ceiling Home Office on 31 st July 201 2.0.201 Action: To investigate and provide a paper for September board meeting Complete: Provided paper to board on 4 detailing key risk areas for consideration by the board in order to publish scheme assessment of code of practice, and advice to Local Pension Boards recommendations for board 2.0.201 Action: Write to Local Pension Board chairs inviting them to provide the Will be part of survey. 4 with their concerns on local risk factors Complete: included in survey 2.0.201 Action: Amend ToR to reflect that the Chair is part of the board and has a Complete: Redrafted ToR sent to SAB vote members 29.0.201 2.0.201 Action: To clarify that the SAB are allowed to appoint substitutes without Complete: Marc Sherratt has confirmed that those substitutes being appointed by the Home Secretary members can nominate substitutes as they see fit, without appointment by the Home Secretary 2.0.201 Action: Amend ToR to reflect the vote process and that the chair does not Complete: Redrafted ToR sent to SAB have a vote. members 29.0.201 2.0.201 Action: Circulate final clean and tracked versions of the ToR Complete: Circulated to SAB members 29.0.201 2.0.201 Action: Secretariat and Chair to draft proposed budget for submission to Complete: Budget paper circulated to SAB on Home Office 29.0.201

2.0.201 0.09.201 9 0.09.201 0.09.201 2 8 Action: Progress pensionable pay workshop on 20 th July 201 Action: Board to ensure Local Pension Boards are aware of their responsibilities under the Pensions Act 2013 and Code of Practice 14, and look to assess how the board can provide central guidance Action: Survey Fire Authorities on application of pensionable pay Draft guidance note to Local Pension Boards to ensure they satisfy themselves that a review of pensionable pay is completed in light of Norman v Cheshire Record attendance of board members at meeting and events in an attendance register To action collection of levy To issue bulletin on protected age Advisers to Board: Secretariat to ballot for declarations of interest Complete: Pensionable pay workshop held on 20.0.201 Governance Conference on 9 th October to include a next steps toolkit as demonstrated to Local Pension Board effectiveness group Complete. To progress, await appointment of legal adviser. Legal adviser now appointed, however, awaiting outcome of MAWW TPO decision and SYFRS determination on CPC. To progress, await appointment of legal adviser. Legal adviser now appointed, however, awaiting outcome of MAWW TPO decision and SYFRS determination on CPC. Complete: Attendance register circulated on 3 rd March 201 Complete: Letter to Fire Authorities sent on 23 rd January 201. % response rate at time of paper To progress using new house style Complete: This has been published on www.fpsregs.org Complete: Helen Scargill to be appointed in her role as Chair of the Technical Community 18 Smith Square, Westminster, London SW1P 3HZ T 020 4 3189/ 020 4 320 E bluelight.pensions@local.gov.uk

9 10 1 0.03.201 2 0.03.201 Risk Strategy for Board, to be used to provide guidance to Local Pension Boards: Secretariat to seek proposals from appropriate parties to assist. Sub Committees: Each board to work with secretariat and chairman to progress sub-committees 201 Tax Changes: To seek proposals and costs from interested parties in providing tax training sessions Cost Cap Mechanism and 201 Valuation: Home Office to provide further information to the board Awaiting secretary of state to appoint new board members Secretariat to inform Local Pension Board Chairs and Scheme Managers of importance of Contracted Out Liabilities Reconciliation 0.03.201 Home Office to consult SAB on their views of how to take past service costs into account 0.03.201 Home Office to consult SAB on their views for setting the scheme specific assumptions for the 201 valuation. 0.03.201 8 14.0.201 14.0.201 Voluntary Scheme Pays. Board members agreed proposals B & C to respond formally to Home Office on consultation over past service costs by 31 st July 201 Re-circulate list of pension administrators to board members 18 Smith Square, Westminster, London SW1P 3HZ T 020 4 3189/ 020 4 320 E bluelight.pensions@local.gov.uk Progressing, draft risk register on khub. Working with Essex fire to produce a full risk register In progress. Board was presented with a draft SAB risk register, secretariat to progress. Complete: Committees are now in place Complete: These sessions have now been delivered and received very good feedback Complete: Training session and timescale to be presented at meeting on th March 201 Proposals have been submitted to minister. Completed: Cllr Ian Stephens has been welcomed to the board. To progress Complete Included in LGA bulletin, Chairs update and LPB training Complete: Home Office submitted paper at 14 June 201 meeting Consultation response due by th October Complete extension allowed to 13 th October and response submitted on time Home Office to progress regulations. LGA to consider guidance Complete: LGA issued guidance in bulletin 4 Completed. Response sent on 31 st July 201 Completed and sent to board members with minutes

14.0.201 14.0.201 14.0.201 01.12.201 Data Concerns 01.12.201 Data Concerns 01.12.201 01.12.201 01.12.201 01.12.201 14 01.12.201 1 To include in future SAB paperwork a report on board training events undertook by LGA The secretariat and Local Pension Board Effectiveness committee to produce some simple Fire Pensions Governance guidance for boards SAB to survey Local Pension Boards in September 201 regarding compliance with the ABS statutory deadline. SAB to lead on data improvement SAB to work with sub-committees to develop standard list of scheme specific data for TPR purposes SAB to champion use of on-line technology to provide Firefighter pension members with access to benefits SAB to undertake strategic review at next meeting Draft budget to be prepared for March 2018 meeting Consult board on October meeting dates Board to invite Annemarie Allen to March meeting to feedback from tax awareness sessions run throughout November to January Completed, Completed. Draft survey ready to go. Completed, Board informed of response at December 201 meeting Complete. Issued guidance in bulletin on data scoring and conditional data. Will need to monitor success add as new item. Complete. Issued guidance in bulletin on data scoring and conditional data. Secretariat continuing to promote through training and considering alternative methods of raising profile. through subcommittees Complete: Paper provided to board members at 9.03.2018 meeting Complete: Budget provided and agreed Complete Complete 18 Smith Square, Westminster, London SW1P 3HZ T 020 4 3189/ 020 4 320 E bluelight.pensions@local.gov.uk

12 1.1 1.2 20.0.2018.8 20.0.2018 12.1.4 8 10 12 Tax awareness Include a follow up article in bulletin for next steps In order for the board to consider future administration of the scheme, a benchmarking exercise on costs needs to be considered. Board to tender for an adviser to run a benchmarking exercise The board agreed to tender for a permanent actuarial adviser to the board. 18 Smith Square, Westminster, London SW1P 3HZ T 020 4 3189/ 020 4 320 E bluelight.pensions@local.gov.uk Complete. Issued with May 2018 bulletin Complete. Invitation to bid issued and applications received. Complete. Invitation to bid issued and applications received. The board should respond to the Ombudsman judgment on pensionable pay - awaiting second TPO judgment. AGM to take place over 1 and 18 September at 18 Smith Square Reissue original IDRP guidance and offer training and support to FRAs LGA to establish working group on behalf of SAB to consider ill-health regulations and processes Home Office to consult with SAB on options for improving member benefits as a result of cost cap floor breach at the 201 valuation. To action collection of levy. Consultation on Aon benchmarking surveys Further tax training sessions and materials to be procured. Evidence gathered for public service pensions tax flexibilities. Legal opinion to be obtained on award of pension credit benefits in respect of transitional members. Monitor data guidance. Guidance reissued. Training still to be offered. Cost-effectiveness committee to progress with secretariat. Admin & benchmarking committee to progress with secretariat. Secretariat to open bid process. with legal adviser. Secretariat to monitor.