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Clwyd Pension Fund Committee
Draft Funding Strategy Statement
RESOLVED: The Committee: a) Approved the proposed key actuarial assumptions and funding parameters in paragraph 1.05 and noted the proposed key actuarial assumptions in paragraph 1.12 of the report. b) Approved the draft FSS with the addition of a specific question to employers as to whether they prefer a 103%, 105%, or 108% funding target incorporating the sustainability reserve. c) The Committee delegated the refinement and finalisation of the draft FSS to the Head of Clwyd Pension Fund, as part of the formal consultation with employers, having regard to the advice of the Fund Actuary.
Clwyd Pension Fund Committee
Funding Strategy Statement
RESOLVED: The Committee noted the outcome of the employer consultation and approved the Funding Strategy Statement.
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