To elect a Chairman for the ensuing year.

That Councillor Adrian Hardman be elected Chairman for the ensuing year.

RESOLVED:

That Councillor Adrian Hardman be elected Chairman for the ensuing year.

To receive apologies for absence.

An apology for absence was received from Councillor Smith.

To appoint a Vice-Chairman for the ensuing year.

That Councillor Peter Nutting be appointed Vice-Chairman for the ensuing year.

RESOLVED:

That Councillor Peter Nutting be appointed Vice-Chairman for the ensuing year.

To receive any questions or petitions from the public, notice of which has been given in accordance with Procedure Rule 14.  The deadline for this meeting is 10.00 a.m. on 30^th November 2020. 

There were none.

Members are reminded that they must not participate in the discussion or voting on any matter in which they have a disclosable pecuniary interest and should leave the room prior to the commencement of the debate.

None declared

Report of the Treasurer

Contact: James Walton (01743 258915)

a)                     That Option 3 as set out in section 7.1 off the Treasurer’s report be used in respect of policy arrangements for the payment of Deficit Recovery Payments for 2021/22.

b)                     That the policy under which Compensatory Added Years, Lead Authority Costs and Other Costs are calculated and charged as set out in sections 7.2, 7.3 and 7.4 respectively of the Treasurer’s report be approved.  

Mr J. Walton, Treasurer, presented the report, Policy Decisions 2020/21, (copy attached to the signed minutes). 

In response to a question, The Treasurer confirmed that the monthly payment would be automated and there was not a great difference in terms of workload for each option.

In response to a request to clarify the actual amount of savings, the Treasurer confirmed that although the sums of money were not large, Option 3 would be the most cost efficient and it was not administratively burdensome whichever option was chosen.

    RESOLVED:

          1.           That Option 3 as set out in section 7.1 off the Treasurer’s report be used in respect of policy arrangements for the payment of Deficit Recovery Payments for 2021/22.

2.           That the policy under which Compensatory Added Years, Lead Authority Costs and Other Costs are calculated and charged as set out in sections 7.2, 7.3 and 7.4 respectively of the Treasurer’s report be approved. 

Report of the Treasurer

Contact: James Walton (01743 258915)

A         That the policy approach taken in their calculation andthe payment of the WMS Pension Liability Charges for 2020/21 as set out in section 7 of the Treasurer’s Report be approved; and

B         That the amounts due to be paid by each Member Authority in respect of the Member Authority Liability Charges set out in section 8 of the Treasurer’s report be approved.

Mr J. Walton, Treasurer, presented the report detailing Pension Liability Charges 2020/2021 (copy attached to the signed minutes). 

RESOLVED:

A            That the policy approach taken in their calculation andthe payment of the WMS Pension Liability Charges for 2020/21 as set out in section 7 of the Treasurer’s Report be approved; and

B            That the amounts due to be paid by each Member Authority in respect of the Member Authority Liability Charges set out in section 8 of the Treasurer’s report be approved.

Report of the Treasurer

Contact: James Walton (01743 258915)

That the Scheme of Delegations attached at Appendix A to the Treasurer’s report be approved. 

Mr J. Walton, Treasurer, presented the report, outlining Scheme of Delegations to Treasurer, (copy attached to the signed minutes). 

          RESOLVED:

That the Scheme of Delegations attached at Appendix A to the Treasurer’s report be approved. 

Members noted that this item had been withdrawn.  

The next meeting will be held in September 2021, date to be confirmed.

The next meeting of the West Mercia Supplies Pension Joint Committee will take place on Tuesday, 28^th September 2021 at 10.00 a.m.