Issue - meetings
Local Government Pension Scheme Automatic Enrolment
Meeting: 02/12/2013 - Executive (Item 67)
67 Local Government Pension Scheme Automatic Enrolment 
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Report of Head of Finance & Procurement and Head of Transformation
Purpose of Report
To inform the Executive about the changes to Local Government Pension Scheme legislation amendments that relate to auto enrolment, and the potential future resource implications arising.
Recommendations
The meeting is recommended:
1.1 To note the information in the report and the potential for additional resource implications.
1.2 To note that the scheme, including an officer recommendation to apply a transitional period for eligible jobholders, will be considered by the Council’s Personnel Committee at its meeting on 11 December.
Additional documents:
Decision:
Resolved
(1) That the information in the report and the potential for additional resource implications be noted.
(2) That it be noted that the scheme, including an officer recommendation to apply a transitional period for eligible jobholders, would be considered by the Council’s Personnel Committee at its meeting on 11 December 2013.
Minutes:
The Interim Head of Finance & Procurement and Head of Transformation submitted a report which informed the Executive about the changes to Local Government Pension Scheme legislation amendments that relate to auto enrolment, and the potential future resource implications arising.
Resolved
(1) That the information in the report and the potential for additional resource implications be noted.
(2) That it be noted that the scheme, including an officer recommendation to apply a transitional period for eligible jobholders, would be considered by the Council’s Personnel Committee at its meeting on 11 December 2013.
Reasons
Auto-enrolment has potential future resource implications for the Council depending upon the extent to which current non-LGPS members do not opt out. However it is possible to apply a transitional period expiring in September 2017 and the Personnel Committee is being recommended to do this.
Options
As this report is bringing the potential future resource implications of a legislative requirement to Executive’s attention there are no alternative options.