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Issue details
LGPS Pension Guarantee for Waste Contract
To seek approval to provide a guarantee to protect the pension fund from any shortfall or additional costs associated with underfunding or unpaid contributions, following the Council’s award of the Mid Kent Waste Contract to SUZE Recycling and Recovery UK. That body is now required to gain Admission Body Status to enabled four long-serving employees to remain within the Local Government Pension Scheme (LGPS).
Decision type: Key
Decision status: Recommendations Approved
Notice of proposed decision first published: 13/10/2023
Decision due: Before 30 Nov 2023 by Cabinet Member for Environmental Services
Lead director: Director of Regeneration and Place
Department: Public Realm and Environment
Contact: Jennifer Stevens, Head of Environmental Services & Public Realm Email: jenniferstevens@maidstone.gov.uk.
Public Or Private and Reason if Private: Public
Decisions
- 15/11/2023 - LGPS Pension Guarantee for Waste Contract
Agenda items
- 14/11/2023 - Housing, Health and Environment Policy Advisory Committee LGPS Pension Guarantee for Waste Contract 14/11/2023
Documents
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