Agenda and minutes
Contact: Clerk of the Remuneration Board
Expected timing | No. | Item |
---|---|---|
(8:30 - 8:45) |
Chair's introduction ·
Declarations
of interest Minutes: 1.1 The Chair welcomed Board
members to the meeting. 1.2 The Board agreed the
minutes of the meeting on 22 May 2015. |
|
(8:45 - 10:00) |
Legacy for successor Board: Review of the Remuneration Board's method of working and consideration of draft legacy report Minutes: 2.1 The focus of the report
should be on what worked well, how the Board’s approach could have been
improved, what did not work so well and what lessons are to be learnt. 2.2 The Board would consider
the draft legacy report at its meeting on 3 July 2015. |
|
(10:00 - 10:45) |
Assembly Member pensions: Update on implementation of AM Pension scheme and impact of salary differentiation on pensions Minutes: 3.1 The Chair welcomed Donna
Davies, Head of Pensions, Assembly Commission. 3.2 The Board considered an
update on the implementation of the AM pension scheme. Appointment of
an independent chair and member nominated representatives to the Pension Board 3.3 The Board discussed the
merits and cost implications of procuring a company to employ an independent
Chair of the Board of Trustees, given the size of the pension scheme. 3.4 The Board agreed that the
Independent Chair must demonstrate experience and have a background in pensions
administration. AMSS pension scheme – Independent
Financial Adviser 3.5 The Board considered a
paper on the AMSS pension scheme and the administrators’ recommendation to
conduct a review of the scheme. 3.6 The Board agreed that the
administrators should conduct a review of the existing provision for AMSS
pension arrangements and whether they were fit for purpose. Impact of salary differentiation on pension scheme 3.7 The Board considered a
paper on the implications of salary differentiation on the AM pension scheme. |
|
(11:00 - 11:45) |
Draft Annual Report 2014-15 Minutes: 3.1 The Board commented on and
agreed its draft Annual report 2014-15 and noted that it would be published in
July 2015. Action point:
|
|
(11:45 - 12:45) |
Support for Assembly Members: Policies for Assembly Member Support staff and draft guidance on the Policy, Research and Communication Fund Minutes: 3.1 The Chair welcomed John
Chick and Rebecca Hardwicke to the meeting. 3.2 The Board considered the policies for Assembly
Members Support Staff and draft guidance on the Policy and Research Fund and
agreed that Assembly Members should be consulted on the proposals. Action Point: ·
The
Board agreed to consult Assembly Members on the policies for Support Staff |
|
Paper to note Minutes: The
Paper was noted. |