This has the responsibility for the management of the
Leicestershire Pension Fund. This fund
covers staff of District Councils, Leicester City Council, Loughborough and De
Montfort Universities as well as the County Council.
Membership consists of 5 County Councillors,
2 City Councillors, 2 District Councillor, 1 university representative, and 3
Central Joint Committee
The County Council has established joint arrangements with
eight Midlands-based Local Government Pension Funds (Leicestershire, Cheshire,
Shropshire, Staffordshire, West Midlands, Derbyshire, Nottinghamshire and
Worcestershire) to form the Local Government Pension Scheme Central Investment
Pool. A joint committee has been established in accordance with section 102 of
the Local Government Act 1972 to enable representatives from the eight
authorities to meet, ask questions of the operator of the Investment Pool and
challenge the performance of investments and investment managers.