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’s Constitution.
