Issue - decisions

Advance Payment of Employers Pension Contributions

08/02/2017 - Advance Payment of Employers Pension Contributions (LDR54)

The Executive to considered a report on the requirements on the Council when setting its employer pension contribution rates to the Greater Manchester Pension Fund for 2017/18 to 2019/20 following the actuarial review of the Fund and agreed that

 

·         the contents of the report in relation to the setting of the Council’s employer pension contribution rates with GMPF for 2017/18 to 2019/20 be noted;

·         approval be given to a 3 year advance payment to GMPF for its forecast employer pension contributions for the period 2017/18 to 2019/20; and

·         the final decision on the detail and arrangements of the advance payment to GMPF be delegated to the Borough Treasurer in consultation with the Leader of the Council and the Executive Councillor (Reform & Governance).