Issue - meetings

Approval of the Levy 2023/24

Meeting: 07/12/2023 - South Yorkshire Pensions Authority (Item 10)

10 Approval of the Levy 2023/24 pdf icon PDF 149 KB

Minutes:

The Head of finance presented the Levy for 2024/25 under the Levying Bodies (General) Regulations 1992. The Levy was set up when the Authority was created in 1988 to cover the early retirement compensation payments.

RESOLVED: Members approved a total levy of £286,792 for 2024/25 in accordance with The Levying Bodies (General) Regulations 1992, to be allocated to the District Councils in proportion to their approved council tax base shares.