Decision details

To terminate participation of Mellors (Highfields Primary), effective 25/07/2023.

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 (Highfields Primary), effective 25/07/2023.

Reasons for the decision:

Financial: In accordance with statutory requirements and the Fund’s Termination Funding Policy a pension credit payment amounting £2,048.74 surplus has been paid to the Admission Body, less actuarial fees of £1,326.00 including VAT. The payment will be £722.74.
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