Issue details

Amendment to Hoople pension admission agreement

 

 

To amend the admission agreement between Herefordshire Council, Hoople Ltd and Worcestershire County Council, which will inform the preparation of the 2018/19 financial statements, in relation to the pension deficit of previous council employees transferred to Hoople Ltd.  

 

Accounting for pension liabilities is a complex area and the council has sought independent expert advice in this area.

Decision type: Key

Reason Key: Expenditure;

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 20/11/2018

Decision due: 11 January 2019 by Cabinet member finance and corporate services

Lead member: Cabinet member finance and corporate services

Lead director: Chief finance officer

Department: Corporate Support Centre

Contact: Audrey Clements, Head of management accounting Email: audrey.clements@herefordshire.gov.uk.

Decisions

Documents