The purpose of this committee is to carry out
the council’s statutory functions as administering authority
of the Isle of Wight Pension Fund under the Local Government
Pension Scheme (LGPS) Regulations and associated legislation under
Sections 7, 12 and 24 of the Superannuation Act 1972.
This includes dealing with all matters arising
that relate to the Isle of Wight Pension Fund, including the
management and investment of the fund.
The Terms of Reference for this committee can
be found in the Council Constitution –