Merseyside Pension Fund Guarantee
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
A report by the Acting Director of Children’s Services sought approval of a guarantee to the Merseyside Pension Fund (MPF) for any unrecoverable pension contributions or costs arising from the admission of Hall Cleaning Services (a cleaning contractor for Mosslands School) to the MPF.
That the Director of Children’s Services be requested to approve the application received from Hall Cleaning Services to participate in the Local Government Pension Scheme as a Transferee Admission Body with agreement to the financial terms and underwrite any exit debt not recoverable from the company.
Report author: Director of Children's Services
Publication date: 09/07/2012
Date of decision: 21/06/2012
Decided at meeting: 21/06/2012 - Cabinet
Effective from: 07/07/2012