To consider the submitted report on the changes to the Local Government Pension Scheme 2014.

The Council considered the submitted report on changes to the Local Government Pension Scheme (LGPS) 2014 which resulted in a new set of pensions discretions.  It was noted that the Council’s policy statements currently related to the 2008 LGPS Regulations.  The new LPGS Regulations 2014 introduced a number of changes to the discretions that required Council approval in order to be compliant with the new 2014 Regulations.

It was proposed by Councillor Mills and seconded by Councillor Tyerman:

that Council approve the pension discretion policy statements set-out in Appendix 2 of the submitted report.

On being put to the vote, the motion was declared carried (unanimous).