Decision details
South Hill Park Trust Ltd Pension Liabilities
Decision Maker: Executive Member for Culture, Delivery and Public Protection
Decision status: Recommendations approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
To consider a request by Trustees for the
Council to act as guarantor for its LGPS pension scheme
Decisions:
RECOMMENDED that the Executive Member confirms that the Council will not place public money at risk by agreeing to underwrite the South Hill Park Trust’s pension arrangements as has been requested and that the Leader responds to the letter from the Trustees, indicating this.
Wards Affected: (All Wards);
Financial Impact: Potential financial impact, set out in the report
Making Representations: To Executive Director: Resources
Other reasons / organisations consulted
No public consultation. Member representations
to Executive Member for Culture, Delivery and Public
Protection
Consultees
Members
Contact: Kevin Gibbs, Executive Director: Communities Email: kevin.gibbs@bracknell-forest.gov.uk, Stuart McKellar, Executive Director: Resources Email: stuart.mckellar@bracknell-forest.gov.uk Tel: 01344 352205.
Report author: Kevin Gibbs
Publication date: 01/06/2021
Date of decision: 01/06/2021
Decided at meeting: 01/06/2021 - Executive
Accompanying Documents:
- SHP Executive redacted report June 2021
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