Decision details

The Committee considered a report setting out a Non-Executive Director Pay Policy for the Local Pensions Partnership.

It was proposed that Non-Executive Directors would receive remuneration of £30,000 per annum but that, in relation to the Shareholder Representative Non-Executive Directors, they would only receive the excess of the £30,000 over and above the allowance that they already received from their sovereign body. In the case of the County Council's Non-Executive Director, the Deputy Leader of the County Council, it was therefore the case that no additional remuneration would be payable.

Resolved: - That the Pay Policy for the Local Pensions Partnership, together with the proposed principle in relation to payments to the Shareholder Non-Executive Directors, as set out in the report, now presented, be approved.