Decision details

To terminate participation of Mellors (Pheasant Bank Academy), effective 28/11/2023.

Decision Maker: Assistant Director - Pensions

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To terminate participation of Mellors (Pheasant Bank Academy), effective 28/11/2023.

Reasons for the decision:

Financial: In accordance with statutory requirements and the Fund’s Termination Funding Policy In accordance with statutory requirements and the Fund’s Termination Funding Policy a pension credit payment amounting £758.50 surplus was due to the Admission Body, less actuarial fees of £1,020.00 including VAT. Therefore, after VAT the Admission Body owed £261.50.
HR: None
ICT: None
Procurement: None

Alternative options considered:

Finance Signatory: GT
Finance Date: 01/10/2024
HR Signatory: SB
HR Date: 01/10/2024

Publication date: 10/10/2024