Issue - meetings

Merseyside Pension Fund Guarantee

Meeting: 21/06/2012 - Cabinet (Item 37)

37 Merseyside Pension Fund Guarantee pdf icon PDF 69 KB

Minutes:

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.