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West Mercia Supplies Pensions Joint Committee - Friday, 25th September, 2026 10.00 am
September 25, 2026 at 10:00 am West Mercia Supplies Pensions Joint Committee View on council website Watch video of meeting Read transcript (Professional subscription required)Summary
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The West Mercia Supplies Pensions Joint Committee met on Friday, 25 September 2026, to approve the financial statements for the 2025/2026 year, set pension liability charges for 2026/2027, and agree policies for the calculation of charges for 2027/2028. The committee elected Councillor Peter Stoddart as Chairman and Councillor Zona Hannington as Vice-Chairman.
Statement of Accounts and Annual Governance Statement 2025/2026
The committee approved the finalised Statement of Accounts for the year ending 31 March 2026 and the Annual Governance Statement for the same period. The Statement of Accounts revealed a reduction in the pension reserve from £341,000 to £291,000, reflecting the latest actuarial assessment of the pension position. The Annual Governance Statement confirmed that the Joint Committee has sound systems of internal control in place.
Pensions Liability Charges 2026/2027
The committee approved the pension liability charges for the 2026/2027 financial year, amounting to a total of £61,302.72. This charge is to be shared equally among the four member authorities, resulting in each authority paying £15,325.68. The approved charges cover Deficit Recovery Payments, Compensatory Added Years Benefits, Lead Authority Costs, and Other Costs such as actuary and external audit fees. The payment mechanism, where Shropshire Council, as the lead authority, incurs costs initially and recovers shares from other authorities via a single annual invoice, was also approved.
Policy Decisions 2027/2028
The committee noted the current position regarding Deficit Recovery Payments, with estimated payments of approximately £17,000 for 2027/28 and £17,600 for 2028/29. They also approved the policies for calculating Compensatory Added Years Benefits, Lead Authority Costs, and Other Costs for the 2027/2028 financial year.
Scheme of Delegations to the Treasurer
The committee approved the existing scheme of delegations to the Treasurer. This scheme allows the Treasurer to undertake routine administrative tasks necessary for the operation of the joint committee's arrangements, including making payments, signing documents, calculating member authority charges, and invoicing member authorities.
Election of Chairman and Vice-Chairman
Councillor Peter Stoddart was elected as Chairman for the ensuing year. Councillor Zona Hannington was appointed as Vice-Chairman for the ensuing year.
Minutes of the Previous Meeting
The minutes of the Joint Committee meeting held on 26 September 2025 were approved without discussion.
Public Questions and Disclosable Pecuniary Interests
There were no public questions submitted for this meeting. Members were invited to declare any disclosable pecuniary interests, and none were declared.
Delegated decisions linked to this meeting
Decision summaries below are AI-generated from the council’s published record. Check the council source or the full decision page before relying on them.
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Appointment of Vice-Chairman
Recommendations ApprovedThe West Mercia Supplies Pensions Joint Committee decided to appoint Councillor Zona Hannington as Vice-Chairman for the ensuing year on 25 September 2026.
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Scheme of Delegations to the Treasurer
Recommendations ApprovedThe West Mercia Supplies Pensions Joint Committee approved the scheme of delegations to the Treasurer on 25 September 2026. The committee resolved to approve the scheme of delegations attached at Appendix A of the Treasurer's Report. The approved scheme allows the Treasurer to agree and make payments to the Shropshire County Pension Fund, sign agreements, and invoice Member Authorities.
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Election of Chairman
Recommendations ApprovedWest Mercia Supplies Pensions Joint Committee decided that Councillor Peter Stoddart be elected Chairman for the ensuing year. This decision was made on 25 September 2026.
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Statement of Accounts 2025/2026 and Annual Governance Statement 2025/2026
Recommendations ApprovedThe West Mercia Supplies Pensions Joint Committee approved the finalised Statement of Accounts 2025/26 and the Annual Governance Statement 2025/26 on 25 September 2026. The Chairman and Treasurer were authorised to sign the Statement of Accounts.
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Policy Decisions 2027/28
Recommendations ApprovedThe West Mercia Supplies Pensions Joint Committee approved the policy for calculating and charging Compensatory Added Years, Lead Authority Costs, and Other Costs on 25 September 2026. The committee also noted the current position regarding Deficit Recovery Payments.
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Pensions Liability Charges 2026/ 2027
Recommendations ApprovedThe West Mercia Supplies Pensions Joint Committee approved the Pension Liability charges for 2026/27 and the amounts due from each Member Authority, along with the payment mechanism. This decision was made on 25 September 2026.
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