Leisure Management Contract - Pension Funding Issue
The Committee to receive an update on the leisure management contract pension funding issue discussed at the Corporate Committee meeting on the 27 September.
Minutes:
The Committee received an update on the arrangements for a ‘Cap and Collar’ approach to pension costs associated with the Leisure services contract as requested at the last meeting. This was defined by legal as a key decision before the Corporate Committee meeting on the 27 September and meant the report was also considered by Cabinet on the 04 October 2011. Cabinet had subsequently agreed the ‘Cap and Collar’ approach but as yet the percentage range of the ‘Cap and Collar’ had yet to be agreed. There was disquiet raised by the Committee about how the report and subsequent decision had been progressed through the council’s decision making structure.
The Chair agreed that he would speak to the Chief Executive about seeking further details on the events and advice leading up to the report being considered at both Corporate Committee and Cabinet as a number of particular questions were asked about timescales.
It was suggested that there should be further clarity on the Corporate Committee’s financial role in the decision making structure of the Council with the situation of this report refereed to the Constitution working group. However, as this group did not meet on a scheduled basis, the Assistant Chief Executive agreed to have appropriate discussions with officers about the duties of the Committee contained in the terms of reference.
RESOLVED
That the Committee’s terms of reference be reviewed.