Decision details

Merseyside Pension Fund Guarantee

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decisions:

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.

 

RESOLVED:

 

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

Accompanying Documents: