Decision - Torbay Council Annual Pay Policy Statement and Review of Pensions Discretions

Torbay Council Annual Pay Policy Statement and Review of Pensions Discretions

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The publication of the Annual Salary Statement is a statutory requirement under Section 38 (1) of the Localism Act 2011. If Council does not approve the Salary Statement then the Council will be in breach of the legislation.

Under the current Pensions Regulations, Torbay Council is able to exercise a range of discretions in regard to how the Local Government Pension Scheme (LGPS) is applied to its employees who are members of the Scheme. The Employers Pensions Discretions must be reviewed and approved by Council annually in line with Local Government Pension Scheme regulations.

Decision:

That Council be recommended:

1) the Torbay Council Annual Pay Policy Statement 2024/25 as set out in Appendix 1 to the submitted report be approved for publication.

2) the Employers Pensions Discretions set out in Appendix 2 to the submitted report be approved for publication.

Reasons for the decision:

To meet the statutory requirements to review these reports and policies.

Alternative options considered:

None.

Implementation:

The recommendations of the Cabinet will be considered at the Council meeting on 22 February 2024.

Information:

The submitted report set out the Council’s Annual Pay Policy Statement, as required under Section 38 (1) of the Localism Act 2011. It was noted that the pay policy statement drew together the Council’s overarching policies on pay and conditions and would be published on the Councils Website. The report also set out the annual review of pensions discretions as required by the Local Government Pension Scheme Regulations.

At the meeting Councillor Jackie Thomas proposed and Councillor Tranter seconded a motion that was agreed unanimously by the Cabinet, as set out above.

Interests and Nature of Interests Declared:

None.

Publication date: 16/02/2024

Date of decision: 13/02/2024