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Contact: Kate Morris, 0115 8764353 Email: kate.morris2@nottinghamcity.gov.uk
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Chair Minutes: In the absence of Councillor Liversidge, the meeting was Chaired by Councillor Ahmed (Vice-Chair).
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Apologies for Absence Minutes: Councillor Dave Liversidge - Personal Councillor Rebecca Langton - On Leave Councillor Sally Longford - Personal Councillor David Mellen - Council Business
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Declarations of Interests Minutes: None |
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To confirm the minuted of the meeting held on 21 May 2021 Minutes: The Committee agreed the minutes of the meeting held on 21 May 2021 as a correct record and they were signed by the Chair presiding at the meeting.
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Report of the Director, Human Resources and Equality, Diversity and Inclusion. Additional documents: Minutes: Richard Henderson, Director of HR, Equality, Diversity and Inclusion introduced the report on revisions to the Local Government pension scheme – Employer Discretions statement of policy to the Committee. Jo Hill, HR Consultant, outlined details of the report to the committee highlighting the following points:
(a) The changes proposed intend to clarify Council policy and ensure that the Authority’s position is clear;
(b) During the development of this report comparisons were made, both to neighbouring authorities and other Core Cities to ensure they fall in line with other employers;
(c) 9 of the discretions addressed in this report have not been exercised since 2014. The last discretion allows the Council to calculate pension contributions on a monthly basis rather than the periodic basis currently used;
Following questions and comments from the Committee the following points were highlighted:
(d) Unions have been consulted and are happy that the flexible retirement option is being maintained. During consultation they highlighted that they would like a clause for exceptional circumstances, however this leads to a less clear formal policy and has not been included;
(e) Other local authorities also choose to only exercise their discretions where there is no cost to the authority. There is no central budget for these pensions costs and budget implications fall to local budgets;
(f) Choosing not to exercise these discretions falls within the framework of the Local Government Pension Scheme;
Resolved to agree the amendments to the Local Government Pension Scheme employer discretions statement of policy as set out in the appendix published with the agenda |