Minutes:
Decision:
That
approval be granted for the Council to commission its
tax advisor to support the development and implementation of a Shared Cost
Salary Sacrifice Additional Voluntary Contribution Scheme, on a fixed cost
basis of £6,750, to be funded from the existing budget position.
Reason for Decision:
To
introduce a shared cost salary sacrifice additional voluntary contribution
scheme to reduce the Councils costs and provide a benefit to employees who are
members of the Local Government Pension Scheme.
Implementation of Decision:
The
decision will be implemented after the three day call in period.
Supporting documents: