Issue - decisions

Edsential Pension Bond & Living Wage Arrangements

20/08/2019 - Edsential Pension Bond & Living Wage Arrangements

Resolved – That

 

1)  The pension bond arrangements that the Council has in place with Edsential be amended – so that the Council take responsibility for the relevant pension deficit position immediately prior to the transfer of staff from the Council to Edsential. Pension deficit/surplus post staff transfer will remain the responsibility of Edsential; and

 

2)  The Council’s support, as joint owner, of Edsential’s proposal to pay the staff the living wage be approved.