Decision - To terminate participation of Compass (Kingfisher Academy), effective 31/03/2023.

Decision details

To terminate participation of Compass (Kingfisher Academy), effective 31/03/2023.

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Decision Maker: Assistant Director - Pensions

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To terminate participation of Compass (Kingfisher Academy), effective 31/03/2023.

Reasons for the decision:

Financial: In accordance with statutory requirements and the Fund’s Termination Funding Policy a pension credit payment amounting £11,383.40 surplus has been paid to the Admission Body less actuarial fees of £1,260.00 including VAT.
HR: None
ICT: None
Procurement: None

Alternative options considered:

Finance Signatory: GT
Finance Date: 12/08/2024
HR Signatory: SB
HR Date: 12/08/2024

Publication date: 09/10/2024