Issue - meetings
Pension Discretion Policy - update
Meeting: 07/08/2014 - Member and Employment and Development Panel (Item 26)
26 Report of the Chief Executive - Pension Discretion Policy - update 
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Additional documents:
Minutes:
The Head of HR Shared
Services presented her report and explained that she had now
received feedback from Kent County Council (KCC) on the Pension
Discretion Policy which had previously been agreed by the Panel at
its meeting on 9th July 2014.
KCC had highlighted the fact that one of the required rules had not
been covered in the policy and as the Council’s policy needs
to be accurate to comply with the regulations it was necessary to
submit an amendment.
RESOLVED:
That the updated Pension Discretion Policy as set out at
Appendix
A to the report, which included an additional reference to
the
regulations (TP Regulations 1(1)(c) of Schedule 2 – whether
to allow the rule of 85 to be ‘switched on’ for members
age 55-59) be agreed.