PPRuNe Forums - View Single Post - Durham Tees Valley-7
View Single Post
Old 8th Sep 2018, 10:46
  #911 (permalink)  
Beafer
 
Join Date: Jan 2013
Location: UK
Age: 73
Posts: 331
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by tigertanaka
I thought the councils had picked up the potential future liability for any deficit in the pension funds? This is quite different to actually paying the pensions.

Normal commercial practice is for the tenant to be responsible for repairs and maintenance of the property that they are renting (normally to the standard it was in when the lease started).
Some light reading regarding Peel and the DTVA staff pensions.
Echo DTVA pension news.
£6.5m 'pensions bombshell' part of plans to save Durham Tees Valley airport | The Northern Echo

Gazette - DTVA pensions news 2015. Unions concerned.
https://www.gazettelive.co.uk/news/t...staff-10053614

Update.
https://www.gazettelive.co.uk/news/t...rport-10071817

DTVA - Deed of variation of Pensions Admission by Durham Council.
https://democracy.durham.gov.uk/docu...%2002%2014.pdf
Beafer is offline