Purpose

The publication of the Annual Salary Statement
is a statutory requirement under Section 38 (1) of the Localism Act
2011. If Council does not approve the Salary Statement then the
Council will be in breach of the legislation.

Under the current Pensions Regulations, Torbay Council is able to
exercise a range of discretions in regard to how the Local
Government Pension Scheme (LGPS) is applied to its employees who
are members of the Scheme. The Employers Pensions Discretions must
be reviewed and approved by Council annually in line with Local
Government Pension Scheme regulations.

Decision

That
Council be recommended:
 

1)      the Torbay Council Annual Pay Policy Statement
2024/25 as set out in Appendix 1 to the submitted report be
approved for publication.

2)      the Employers Pensions
Discretions set out in Appendix 2 to the submitted report be
approved for publication.