Agenda item

Report of the Chamberlain.

The Committee considered a report of the Chamberlain concerning the 2017/18 budget for the London Local Government Pension Scheme CIV Ltd and its medium term strategy up to 2022.

RESOLVED – that the annual service charge of £25,000 per annum and Development Funding costs of £75,000 per annum (per authority - declining year on year to £10,000 in 2021/22) be noted.