Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: March 4, 2026

Purpose: Amendments to align with changes to policy

Content: RESOLVED that the changes to the Pensions Discretion Policy relating to Regulation 17 & 15(2A) [TP] as set out on Page 7 of the Policy be approved. Voting: Unanimous Portfolio Holder: Transformation, Resources and Governance Reason LGPS discretions are the Council’s agreed choices on how certain pension rules are applied, so decisions are fair, consistent, and lawful. We must have a written policy so that: ·      Everyone is treated consistently ·      Decisions are fair, lawful, and transparent ·      Managers and officers don’t make ad-hoc or contradictory decisions ·      Employees know what the Council will and won’t do The policy sets out: ·      What discretion applies ·      What the Council’s position is ·      Who makes the decision ·      Any limits or conditions What’s changed/changing Section: Regulation 17 & 15(2A) [TP] – Shared-Cost AVCs (SCAVC) as set out on Page 7 of the policy (Appendix 1). Effective from 1 December 2025: The Council will pay shared-cost additional voluntary contributions (SCAVCs) where an employee has elected to pay AVCs via the Council’s salary sacrifice AVC scheme. ·      The amount of the employer SCAVC will not exceed the amount of salary sacrificed by the employee. Participation is subject to the employee meeting the scheme’s eligibility conditions. The Council may withdraw or amend the SCAVC arrangement at any time, following appropriate consultation and notice.