Decision Record 153- APCC Pension Bond

 

DECISION RECORD

 

Decision Record Number 153

This document records a decision taken by the Police, Fire and Crime Commissioner, together with details of the advice he received prior to taking the decision.

 

Decision taken:

The PFCC has agreed to provide funding to the APCC of £21,326 as a contribution towards the required bond placed upon the APCC by the Merseyside Pension Fund which is required to meet the accrued future pension liabilities of APCC staff in the unlikely event the APCC left the pension scheme. All PCCs are contributing an equal amount.

 

Details of advice taken: 

Professional operational, financial and legal advice has been sought to ensure the decision best supports frontline operational needs and represents value for money.

Stephen Mold

Police, Fire and Crime Commissioner

07/08/2019

 

END