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Issue - meetings

AMENDMENT TO PENSIONS DISCRETIONS

Meeting: 11/08/2022 - Policy and Resources Committee (Item 7)

7 AMENDMENT TO PENSIONS DISCRETIONS POLICY - SHARED COST AVCs pdf icon PDF 208 KB

Report by Executive Director with responsibility for Customer Support Services

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Additional documents:

Minutes:

The Committee gave consideration to a report proposing the inclusion of a new discretion in the Council’s Local Government Pension Scheme (LGPS) Discretionary Pension Policy Statement to permit Local Government Pension Scheme members to participate in a Shared Cost Additional Voluntary Contributions (AVC) Scheme.

 

Decision

 

The Policy and Resources Committee approved the amendment to the Council’s Pensions Discretion Policy to allow employees to access this financial benefit if they so choose.

 

(Reference:Ìý Report by Executive Director with responsibility for Customer Support Services dated 19 July 2022, submitted)

 

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