Decision details

To terminate participation of NPS Barnsley Ltd, effective 16/05/2021.

Decision Maker: Assistant Director - Pensions

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Decision:

To terminate participation of NPS Barnsley Ltd, effective 16/05/2021.

Reasons for the decision:

Financial: In accordance with statutory requirements and the Fund’s Termination Funding Policy enter either:
1. 50% of the surplus has been subsumed by Barnsley MBC.
2. a pension credit payment amounting £229,796.25* surplus has been paid to NPS Barnsley Ltd.

HR: None.
ICT: None.
Procurement: None.

Alternative options considered:

Finance Signatory: GT
Finance Date: 03/10/2205
HR Signatory: SB
HR Date: 03/10/2025

Publication date: 03/10/2025