To approve revised pension arrangements in
relation to liabilities for pension costs for a cohort of bus
drivers formerly employed by the predecessor transport
authority.
To approve the transfer of assets of £42 million to Greater
Manchester Pension Fund.
To approve the West Yorkshire Combined Authority being admitted to
the Greater Manchester Pension Fund for the sole and limited
purpose of meeting the pension liabilities of the former bus driver
cohort.
Decision type: Key
Reason Key: Expenditure/Savings > £1 million;
Decision status: Recommendations Approved
Notice of proposed decision first published: 26/06/2020
Decision due: 27 Jul 2020 by West Yorkshire Combined Authority
Lead director: Director, Finance & Commercial Services
Contact: Jonathan Sheard Email: jonathan.sheard@westyorks-ca.gov.uk.