The report considered by members informed the LB Havering Pensions Committee of the proposed “closed agreement” admission of Harrison Catering services Ltd into the LB Havering Pension Fund.  This is due to the TUPE of catering staff from Abbs Cross Academy to Harrison Catering Services Ltd to make provision of catering services to the academy.

The Pensions Committee:

Noted the admission of Harrison Catering Services Ltd into the LB Havering Pension Fund as an admitted body to enable 4 members of staff who transferred from Abbs Cross Academy to continue membership of the LGPS subject to:

a)    All parties signing up to an admission agreement and;

b)    An indemnity of £69,000 by way of Harrison Catering Services Ltd securing a guarantee in an approved form from the Loxford School Trust – Abbs Cross Site to protect the pension fund.