Pension Sub-committee And Pension Board - 26/10/2015

At a JOINT MEETING of the PENSION SUB-COMMITTEE OF THE POLICY AND RESOURCES COMMITTEE AND THE PENSION BOARD held at Dundee on 26th October, 2015.

Present:-

PENSION SUB-COMMITTEE

Bailie Willie SAWERS

COUNCILLORS

PENSION BOARD

Bailie Willie SAWERS, Convener, in the Chair.

I DECLARATION OF INTEREST

There were no declarations of interest.

II ADMISSIONS AGREEMENT - ANGUS ALIVE

There was submitted Report No 414-2015 by the Executive Director of Corporate Services seeking agreement of the Sub-Committee and Board to the admission of Angus Alive to the Local Government Pension Scheme as an Admission Body. Angus Alive would be established as an arms length charitable organisation, a company limited to guarantee, to deliver leisure and cultural services on behalf of Angus Council and its staff would be transferred from Angus Council.

The Sub-Committee and Board agreed that from the date it came into being, Angus Alive be admitted to the Local Government Pension Scheme as an Admission Body and make and enter into an appropriate admission agreement. The Sub-Committee also noted that Angus Council would act as guarantor.

Willie SAWERS, Convener.