Decision details

    Pension Contributions

    Decision status: For Determination

    Is Key decision?: Yes

    Is subject to call in?: No

    Purpose:

    To approve the payment of the Council's past service element of Employer Pension Contributions for the three financial years 2020/21, 2021/22 and 2022/23.

    Decision:

    The Cabinet:

     

    1.1       Approved that the contribution strategy is based on the Pension Fund Actuary’s preferred strategy.

     

    1.2       Approved the upfront payment of the three year past serviceelement in advance in April 2020 subject to the final level being within the approved Medium TermFinancial Strategy (MTFS).

    Report author: Anthony Thomas

    Publication date: 13/03/2019

    Date of decision: 12/03/2019

    Decided at meeting: 12/03/2019 - Cabinet

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