Decision details

Pension Fund Triennial Valuation 2019

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No


The Cabinet agreed to take up option 1 to address the pension fund deficit which meant that an additional lump sum payment of £1.848M would need to be paid into the pension fund to be funded from the pension earmarked reserve as well as this existing General Fund and Housing Revenue Account budgets.

Report author: Ka Ng

Publication date: 10/01/2020

Date of decision: 06/01/2020

Decided at meeting: 06/01/2020 - Cabinet

Accompanying Documents: