| Section 1: Introduction | | Section 1: Introduction |
| The Pensions Committee undertakes required responsibilities in relation to the Local Government Pensions Scheme. | | The Pensions Committee undertakes required responsibilities in relation to the Local Government Pensions Scheme. |
| Section 2: Terms of Reference | | Section 2: Terms of Reference |
| n | | n | Summary Description To exercise the functions delegated to the Committee by the Council as Administrating Authority of the Local Government Pension Scheme (“LGPS”), including responsibility for the strategic oversight of the governance, administration, funding and investment of the Pension Fund, in accordance with the LGPS Regulations 2013, the Local Government Pension Scheme (Pooling, Management and Investment of Funds) Regulations 2026, other applicable legislation and statutory guidance issued by the Secretary of State. |
| Summary Description To consider pension matters and meet the obligations and the duties of the Council under the Superannuation Act 1972 and the various statutory requirements in respect of investment matters. | | Membership Voting Membership: - 7 Councillors Non-Voting Membership: - Admitted Bodies Representative - Trade Union Representative The Committee shall also be supported by an Independent Person appointed by the Administering Authority in accordance with Regulation 53A of the LGPS Regulations 2013. The Independent Person shall be a non-voting adviser to the Committee and is not a member of the Committee for the purposes of its political composition or quorum. |
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| Membership 7 Councillors, 1 representative of the Admitted Bodies and 1 Trade Union representative. The Admitted Body and Trade Union representatives will be non-voting members of the Committee. | | |
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| Declaration of Interests: | | |
| Members of the Pensions | | |
| Committee including co-opted members, are required to declare any interests that they have in relation to the Pension Fund or items on the agenda at the commencement of the meeting. | | Declaration of Interests: Members of the Pensions Committee including co-opted members, are required to declare any interests that they have in relation to the Pension Fund or items on the agenda at the commencement of the meeting. |
| Table of Functions | | Table of Functions |
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| Quorum: 3 Members of the Committee | | Quorum: 3 Members of the Committee |
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| Membership: 7 Councillors (each political group may appoint up to 3 substitutes). | | Membership: 7 Councillors (each political group may appoint up to 3 substitutes). |
| Table of Functions | | Table of Functions |
| n | Note - It shall be for the Corporate Director, Housing and Regeneration to determine whether a matter meets any of the above criteria. | n | Note - The Committee’s functions and powers shall be exercised in accordance with the Council’s Development Procedure Rules and Planning Code of Conduct. |
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| Quorum: 3 Members of the Committee | | Quorum: 3 Members of the Committee |
| Section 3: Strategic Development Committee Terms of Reference | | Section 3: Strategic Development Committee Terms of Reference |
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| Membership: 9 Councillors | | Membership: 9 Councillors |
| Table of Functions | | Table of Functions |
| n | Note - It shall be for the Corporate Director, Housing and Regeneration to determine whether a matter meets any of the above criteria. | n | Note - The Committee’s functions and powers shall be exercised in accordance with the Council’s Development Procedure Rules and Planning Code of Conduct. |
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| Quorum: 3 Members of the Committee | | Quorum: 3 Members of the Committee |
| Section 4: Council Guidelines for Determining Planning Applications under the Town and Country Planning Act 1990 | | Section 4: Council Guidelines for Determining Planning Applications under the Town and Country Planning Act 1990 |
| Quorum: | | Quorum: |
| Section 5: Pensions Board Terms of Reference and Procedures | | Section 5: Pensions Board Terms of Reference and Procedures |
| Pensions Board Terms of Reference | | Pensions Board Terms of Reference |
| n | | n | Summary Description: The Board was created under the Public Service Pensions Act 2013 to assist the Administering Authority (Tower Hamlets Council) in its role as a Scheme Manager of the Scheme and to provide oversight and scrutiny of the effective and efficient governance and administration of the Pension Fund in accordance with the LGPS Regulations and applicable statutory guidance. |
| Summary Description: The Board was created under the Public Service Pensions Act 2013 to assist the Administering Authority (Tower Hamlets Council) in its role as a scheme manager of the scheme. | | |
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| Membership: The Board shall consist of 6 voting members, as follows: | | Membership: The Board shall consist of 6 voting members, as follows: |
| n | There shall be an equal number of Member and Employer Representatives. | n | There shall be an equal number of Member and Employer Representatives. The Vice-Chair shall be elected from amongst the above Members. |
| There shall also be 1 other representative who is not entitled to vote (to be appointed as Chair). | | Non-Voting Members: |
| | | Board members shall meet the statutory knowledge and understanding requirements applicable to Local Pension Board members and shall undertake training and development in accordance with the Fund's Training Strategy. |
| Table of Functions | | Table of Functions |
| t | Quorum: A meeting is only quorate when at least one person of each member type (ie employer and employee) are present plus the independent chair. A meeting that becomes inquorate may continue but any decisions will be non-binding. | t | Quorum: A meeting is only quorate when at least one person of each member type (ie employer and employee) are present plus the independent chair or vice-chair. A meeting that becomes inquorate may continue but any decisions will be non-binding. |
| | | Additional Information: In exercising their respective functions, the Pensions Committee and Local Pensions Board shall have regard, as applicable, to the: |
| Pensions Board Procedures | | Pensions Board Procedures |
| Section 6: Standing Advisory Council on Religious Education (SACRE) Terms of Reference and Procedures | | Section 6: Standing Advisory Council on Religious Education (SACRE) Terms of Reference and Procedures |
| Subsection 6.1: Summary Description | | Subsection 6.1: Summary Description |