Decision - Annual Pay Policy and Pension Discretions (LGPS)

Annual Pay Policy and Pension Discretions (LGPS)

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

The publication of the annual pay statement is a statutory requirement under the Localism Act 2011. 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 that:

1. the Torbay Council Annual Pay Policy Statement 2025/26 as set out in Appendix 1 to the submitted report be approved for publication,subject to the release and inclusion of the Local Government Pension Scheme (LGPS) employee contribution rates and bandings; and

2. the Employers Pensions Discretions as 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 6 February 2025.

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 Billings seconded a motion that was agreed unanimously by the Cabinet, as set out above

Interests and Nature of Interests Declared:

None

Publication date: 28/01/2025

Date of decision: 23/01/2025