Issue - meetings

Update on Pension Administration Improvement Plan

Meeting: 14/03/2024 - South Yorkshire Pensions Authority (Item 16)

16 Update on Pension Administration Improvement Plan pdf icon PDF 236 KB

Minutes:

The Assistant Director – Pensions updated the Board on the Pensions Administration Improvement Plan.

Members asked if there was anything live on the Dashboard that they could see at present.

The Assistant Director – Pensions responded that there is nothing live as of yet but as soon as there is this will be brought to members.

The Chair probed the officers on whether they had been speaking to other funds on how they were dealing with McCloud Remedy.

The Assistant Director – Pensions responded that during the regional meeting with other pension funds this was discussed in terms of how different funds are managing this, and how they are finding their software providers. It is also clear that this cannot be done manually and relies heavily on the software. 

RESOLVED: Members noted and commented upon the plans for Administration improvement that are being put in place.