Purpose

Amendments to align with changes to
policy

Content

RESOLVED that the changes
to the Pensions Discretion Policy relating to Regulation 17 &
15(2A) [TP] as set out on Page 7 of the Policy be approved.
Voting:
Unanimous
Portfolio Holder: Transformation, Resources
and Governance
Reason
LGPS discretions are the Council’s agreed choices on how
certain pension rules are applied, so decisions are fair,
consistent, and lawful.
We
must have a written policy so that:

·     
Everyone is treated consistently

·     
Decisions are fair, lawful, and
transparent

·     
Managers and officers don’t make ad-hoc or
contradictory decisions

·     
Employees know what the Council will and won’t
do
The
policy sets out:

·     
What discretion applies

·     
What the Council’s position is

·     
Who makes the decision

·     
Any limits or conditions
What’s changed/changing

Section: Regulation 17 & 15(2A) [TP] – Shared-Cost
AVCs (SCAVC) as set out on Page 7 of the policy (Appendix
1).

Effective
from 1 December 2025:
The
Council will pay shared-cost additional voluntary contributions
(SCAVCs) where an employee has elected to pay AVCs via the
Council’s salary sacrifice AVC scheme.

·     
The amount of the employer SCAVC will not exceed the
amount of salary sacrificed by the employee.

Participation is subject to the employee meeting the
scheme’s eligibility conditions.

The
Council may withdraw or amend the SCAVC arrangement at any time,
following appropriate consultation and notice.