Issue - decisions

Amendment to Hoople pension admission agreement

11/01/2019 - Amendment to Hoople pension admission agreement

That:

(a)        the admission agreement between Herefordshire Council, Hoople Ltd and Worcestershire County Council (as administering authority to the Worcestershire County Council Pension Fund) be amended in relation to pension liabilities so that Herefordshire Council is liable to the Fund for pension liabilities directly (under the terms of the admission agreement) rather than Hoople Ltd being directly liable. The effect of this will be that a ‘flow through’ agreement is put in place in relation to Hoople Ltd’s pension liabilities.