Issue details

NON-RECOVERY OF DEFICIT ON CLOSURE OF ADMISSION BODY

This report informs Members that all available avenues have been exhausted to recover an outstanding pension deficit of £230,279.01 owed by Liverpool Association of Disabled People (LADP), following the termination of the admission agreement, on 28 February 2015 and the eventual cessation of the charity on 30 June 2020.

Decision type: Non-key

Decision status: For Determination

Anticipated restriction: Fully exempt  -

Explanation of anticipated restriction:
This report contains exempt information. This is by virtue of paragraph(s) 3 of Part 1 of Schedule 12A of the Local Government Act 1972, i.e. Information relating to the financial or business affairs of any particular person (including the authority holding that information).

Decision due: 22 Jun 2022 by Pensions Committee

Lead director: Director of Merseyside Pension Fund

Contact: Emma Littler Email: emmalittler@wirral.gov.uk, Peter Wallach, Director of Merseyside Pension Fund Email: peterwallach@wirral.gov.uk.

Agenda items

Documents

  • NON-RECOVERY OF DEFICIT ON CLOSURE OF ADMISSION BODY