MINUTES OF THE ELEVENTH MEETING OF THE PENSION TRUSTEES

15 April 2002

MONDAY 15 APRIL 2002 AT 13H00 IN ROOM 106

PRESENT:
Mr D Watson
Mr M Carrick
Mr D McClarty

IN THE CHAIR:
Mr D Watson

APOLOGIES: 
Mr J Kelly
Mr J Dallat

IN ATTENDANCE:
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 
summer recess.

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.)