Decision details

To terminate participation of Sodexo (Oakwell Rise Academy Wellspring), effective 31/12/2023.

Decision Maker: Assistant Director - Pensions

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To terminate participation of Sodexo (Oakwell Rise Academy Wellspring), effective 31/12/2023.

Reasons for the decision:

Financial: In accordance with statutory requirements and the Fund’s Termination Funding Policy a pension credit payment amounting £14,337.35 surplus has been paid to the Admission Body, less actuarial fees of £1,326.00 including VAT.
HR: None
ICT: None
Procurement: None

Alternative options considered:

Finance Signatory: GT
Finance Date: 13/08/2024
HR Signatory: SB
HR Date: 13/08/2024

Publication date: 10/10/2024