Pensioners

Information for Pensioners

This section is for retired members of the Local Government Pension Scheme and those receiving a dependants' pension.

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Final Message from Eric Shaw

Despite my lack of column inches of late, I have been regularly attending the Committee meetings and keeping an eye on the Pension Fund. The good news is the Fund goes from strength to strength and has successfully weathered the multitude of National and International trials and tribulations which can so easily cause problems for the professionals whose job it is to ensure our money is wisely invested.

We regularly receive reports which not only show how the Fund is performing in terms of return on investments but also how we perform in relation to other Local Authority Pension Funds and I can say we are marginally above average.

The investment of the money is handled by private companies and their performance is monitored constantly by the Pensions Panel and expert independent advisers to ensure all are meeting their predetermined targets, or if not, why not.

From everything I have seen and heard over the past four years of my membership of the Committee I am convinced the Fund is well managed, and earning excellent returns while minimising the risks the Fund is exposed to.

Unfortunately I am unable to continue to be your representative on the Committee beyond the end of 2015, having served for 4 years so there will be an opportunity for someone else to take over my role and I hope they enjoy it as much as I have.

So I wish you all good health and many more years of drawing your pensions.

Eric Shaw  

Pensioner Representative

If you would like to contact the co-opted representative for scheme pensioners on the Pensions Committee you can send an e-mail to pensions.representative@staffordshire.gov.uk or write to Pension Services.