Issue details

Treatment of West Mercia Energy pension liability

Herefordshire Council in one of four member authorities (the ‘Owning Authorities’) of West Mercia Energy (WME) Joint Committee, formerly known as West Mercia Supplies (WMS).

It is proposed to transfer the WME pension deficit to a newly created employer body within the Shropshire County Pension Fund (‘WMS Pension’) managed and overseen by a new ‘WMS Pension Joint Committee’ comprising the same four Owning Authorities.

Decision type: Key

Reason Key: Expenditure;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 07/02/2020

Decision due: 26 March 2020 by Cabinet

Lead member: Cabinet member finance and corporate services

Lead director: Chief finance officer

Department: Corporate Support Centre

Contact: Josie Rushgrove, Head of corporate finance Email: jrushgrove@herefordshire.gov.uk Tel: 01432 261867.

Documents

  • Treatment of West Mercia Energy pension liability