Approval to Subsume Assets and Liabilities of the Former Active Northumberland Employees who are LGPS Members

May 9, 2024 Executive Director for Resources & Transformation (S151) (Officer) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to authorize Northumberland County Council to take over the pension assets and liabilities of former Active Northumberland employees who are members of the Local Government Pension Scheme (LGPS) following the termination of the leisure contract with Active Northumberland.

Full council record
Content

To authorise NCC to subsume the
assets and liabilities for those LGPS members in respect of their
membership in the TWPF when employed by Active Northumberland now
that the leisure contract with Active Northumberland has
terminated.

Supporting Documents

LGPS Assets and liabilities for Active staff - Delegated Decision report.pdf

Details

OutcomeRecommendations Approved
Decision date9 May 2024