Agenda and minutes

PowerPoint Economic Forecasting

·       The Board noted the presentation on the current economic forecasting.

Item 2 - Annual Review and draft Decision Letter

Item 2 - Consultation Responses

·       The Board noted the responses to the proposals in the Annual Review of the Determination 2025-26. The Board agreed its final changes to the Determination to be published 31 March 2025.

·       The Board agreed to sign off the revised Determination 2025-26 and its decision letter out of meeting.

Action:

·       Secretariat to prepare and circulate final Determination and Decision letter to Board.

Item 3 - Minutes from February meeting

·       The Chair welcomed everyone to the meeting.

·       The Board agreed the minutes of the February meeting.

Action:

·       Secretariat to publish the minutes for the meeting held on 13 February 2025.

PowerPoint – Staffing Review proposals following benchmarking with Beamans

·       The Board agreed its final proposals for the staff pay and grading review, which will be included in the Review of the Determination for the Seventh Senedd: Consultation Part Two.

·       The Board thanked Beamans for the work on this review.

Item 5 - Update

·       The Board agreed additional proposed changes to the OCLF to be included in the Review of the Determination for the Seventh Senedd: Consultation Part Two.

Item 6 – Draft report

·       The Board agreed its draft Report on the Part One consultation, subject to a few minor amendments.

·       The Board agreed that the Report would be published by the end of March, alongside the Part Two consultation. The Report would outline its intended approach to proceeding with the proposals and final decisions will be made following the Part Two consultation feedback.

Item 7 – Covering paper

Item 7 - Annex draft consultation document

·       The Board considered and agreed its final proposals for the Part Two consultation which will focus on: Members’ Pay and personal support; Constituency office and constituent engagement; and Staffing support for Members.

Item 8 – Draft Specification

·       The Board considered its approach to its End of Term review and approved the draft specification for the review.

Item 9 – Covering paper

·       The Board reviewed the Memorandum of Understanding between the Commission, the Board and the Pension Board which has been updated to reflect the appointment of the Third Party Administrator and the requirements of the Pension Regulator’s General Code of Practice.

Item 10 – Update paper

·       The Board noted updates on various matters relevant to its work and its forward work programme.