Issue - meetings

(NOTE:

1.     Councillors A. Davies, G. John, K. Lloyd, E. Schiavone, H. Davies and D. Nicholas, having earlier declared an interest in this item, left the Council Chamber during its determination.

2.     All officers present at the meeting, with the exception of the Chief Executive and the Democratic Services Officer left the meeting during consideration of this item (i.e.:  J. Morgan, C. Moore, R. Mullen, W. Walters, G. Morgans, L. Rees-Jones and P. Thomas)).

The Council considered a report on proposals for the inclusion within its existing Discretionary Pension Policy Statement of a new discretion to authorise a Shared Cost Additional Voluntary Contribution Scheme (SCAVC) as one of its Employer Discretions in accordance with its obligations under the Local Government Pension Scheme 2014. If adopted, the proposal would result in reduced National Insurance Contributions for both the employer, and employee. However its implementation would require the approval of Her Majesty’s Revenues and Customs

UNANIMOUSLY RESOLVED that the inclusion of a new discretion within the Council’s Discretionary Pension Policy Statement to authorise a Shared Cost Additional Voluntary Contribution Scheme as one of its Employer Discretions be approved.