Issue - meetings

To agree the adoption of the Pension Discretions for the Local Government Pension Scheme, to apply to all non teaching employees of Cheshire East.

Consideration was given to the use of Pension Discretions for the Local Government Pension Scheme for Cheshire East Council.  An amendment to paragraph 10 of Appendix 1 to the report was circulated at the meeting, the amendments being in italics as follows: -

First Tier - permanently incapable of any gainful employment but are NOT likely to work before Normal Retirement Age (accrued retirement benefits plus 100% of prospective membership until normal retirement age).

Second Tier - permanently incapable of any alternative gainful employment within a reasonable period of time, but is likely to be so capable before the age of 65 (accrued retirement benefits plus 25% of prospective membership to normal retirement age).

Third Tier - permanently incapable of their local authority employment but are judged by an occupational health practitioner to be capable of gainful employment within a reasonable period after leaving employment (pension equivalent to the members accrued benefits at the point of ill health retirement - payment of which will be stopped after three years or earlier, if ex-employee obtains, or becomes capable, of gainful employment)

RESOLVED

For the reasons set out in the report: -

That subject to the above amendments approval be given to the adoption of the Pension Discretions for the Local Government Pension Scheme to apply to all non-teaching employees of Cheshire East, as set out in Appendix 1.