Issue - meetings

The Committee was informed that the Council was a participating employer in the Local Government Pension Scheme (LGPS) and, as an employer, was under a under a legal duty to prepare and publish a written statement of its policy relating to certain discretionary powers under the Regulations which applied to the LGPS. The Council also had a duty to formulate, publish and keep under review a Statement of Policy in respect of how those powers were applied where they related to the payment of compensation to employees whose employment was terminated as a result of redundancy or certain other reasons.

Members were advised that the Policy had previously been reviewed in January 2020, where a number of changes had been made. It was not proposed to make any further changes at this time.

RESOLVED that no amendments be made to the current Pensions Discretions Policy.