Issue details

Shared Cost AVC Pension Arrangement for LGPS Members.

This report requests that Cabinet approve the introduction of a shared cost AVC pension arrangement for LGPS members through partnering with an external provider. It also requests the approval of a new discretion in the Council's LGPS Discretionary Pension Policy Statement to permit LGPS staff to participate in such a Shared Cost AVC scheme.

Decision type: Key

Decision status: Recommendations Approved

Notice of proposed decision first published: 07/07/2023

Decision due: 21 Sep 2023 by Cabinet

Lead member: Cabinet Member - Corporate Services & Performance (Deputy Leader)

Lead director: Director of Corporate Services

Contact: Rachael Davies, Head of HR & Service Centre Email: rachael.davies@swansea.gov.uk.

Agenda items