MINUTES OF THE ELEVENTH MEETING OF THE PENSION TRUSTEES
15 April 2002
MONDAY 15 APRIL 2002 AT 13H00 IN ROOM 106
Mr D Watson
Mr M Carrick
Mr D McClarty
IN THE CHAIR:
Mr D Watson
Mr J Kelly
Mr J Dallat
Mr T Evans, Mr E Hobson, Ms A Whitaker, Ms D Johnston
1. Minutes of the 11 February meeting were accepted.
2. CHAIRMAN'S BUSINESS
Mr Watson congratulated Mr Evans on his elevation to his new post as Deputy Chief Executive and thanked him for his ongoing and continued support. An official welcome was also extended to Alison Whitaker and Deborah Johnston from the Personnel Office, Pensions Unit.
3. Matters Arising
3.1 Pension Fund Insurance
Mr Hobson reported that of 82 eligible members, 21 were fully covered (1 had been accepted with further conditions) and 5 had been refused cover. Of 56 outstanding members, 45 were awaiting confirmation of acceptance, while 11 had not submitted returns within the deadlines and therefore would not be covered.
Mr Hobson confirmed a rebate would be due at the end of the cover period (21 October 2002) because of reduced risk.
It was agreed that advice regarding renewal of the policy should be taken nearer to the date of renewal.
3.2 Old Assembly Pension Fund
It was agreed that Mr Evans would present a paper at the first meeting after the
3.3 Transfer of Benefits
Mr Hobson reported that this option had now expired for the eleven Members who
had still not decided to transfer benefits into the scheme.
3.4 Election Plan
Mr Evans reported that the Secretariat will be preparing a plan in readiness for the
2003 election. It was agreed that he would present a paper on this subject at the
first meeting after the summer recess.
It was agreed to move to item 4 as the representative for NIAO had arrived to brief the meeting.
Mr Mervyn Carrick excused himself from the meeting at this point.
(As a quorum was no longer present, it was agreed that the NIAO representative should proceed with his presentation, but that further business would be deferred until the next meeting.)