Pension Fund Sub-committee with Pension Board - 16 September 2026

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• Agenda pension fund 16 september 2026

  This document contains the notice and agenda for the Pension Fund Sub-committee and Pension Board meeting on 16 September 2026 at 2pm in Kirkwall. The agenda covers the pension fund audit report and annual accounts, spending reports, and a valuation of the fund and managed funds. The meeting is open to the public, can be joined remotely, and will be broadcast and recorded; the final two items will be discussed in private.

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• Items 1 to 4 Pension Fund Sub committee 16 September 2026

  This document contains reports on the Orkney Islands Council Pension Fund for 2025/26, including its annual accounts, governance arrangements and investment performance. The external audit found the accounts properly prepared, with no material control weaknesses, and the Fund’s assets rose to £570.6 million with a 175% funding level. It also covers the 2025/26 revenue outturn, showing a £9.8 million surplus, and monitoring for 2026/27, showing a £27.3 million surplus at 30 June 2026.

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