Decision Maker: Pension Fund Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
(a) to apply the current regulations until such time as there is a further set of consultations and regulations and to request Mrs Fox to send an accompanying explanatory letter to those people who submit a request;
(b) not to consider applications to switch the 85 - year rule, on the grounds that this would be a cost to the Fund rather than to the employer;
(c) agreed and to add an inclusion into the Administration Strategy that the employer would be liable for payment of the one-off lump sum;
(d) to agree that the child’s pension should continue until age 23 on the proviso that a doctor’s letter is submitted confirming that the child meets the Disability Discrimination Act’s definition of disability; and to review the case again at age 23;
(e) agree to set up one escrow account to cover all payments to enable payment to be made within two years;
(f) to request the officers to work with relevant partners to try to assist those people who choose not take their pension for whatever reason:and in the case of overpayment of a pension, to write off all cases under £10k, those over £10k to come back to Committee for further consideration;
(g) agree the appointment of ITM to finalise this project at the cost stated in the report.
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Publication date: 19/09/2018
Date of decision: 14/09/2018
Decided at meeting: 14/09/2018 - Pension Fund Committee
Accompanying Documents: