Agenda

Full Council - Tuesday, 13th July, 2021 6.00 pm

Venue: Civic Suite, Castle House, Great North Road, Newark, Nottinghamshire, NG24 1BY

Contact: Nigel Hill Tel: 01636 655243 Email:  Nigel.hill@newark-sherwooddc.gov.uk 

Media

Items
No. Item

1.

Apologies for absence

2.

Election of Vice-Chairman of the Council for 2021/22

3.

Vice-Chairman to Sign Declaration of Acceptance of Office

4.

Minutes from the meeting held on 4 May 2021 pdf icon PDF 242 KB

5.

Declarations of Interest by Members and Officers and as to the Party Whip

6.

Declarations of any Intentions to Record the Meeting

7.

Communications which the Chairman or the Chief Executive may wish to lay before the Council

8.

Communications which the Leader of the Council and Committee Chairmen may wish to lay before the Council

9.

Questions from Members of the Council and Public (if any)

10.

In accordance with Rule No. 10 to receive the presentation or the debating of any Petitions from Members of the Council (if any)

11.

Political Composition of the Council and Allocation of Seats on Committees to Political Groups pdf icon PDF 260 KB

Additional documents:

12.

Appointments for 2021/22

(To appoint the Leader and Deputy Leader of the Council, Committee Chairman and Vice-Chairman, Major Opposition Group Spokespersons, Members to Committees and Substitute Members to Committees etc.)

13.

Appointment of Representatives on Outside Bodies and Council Owned Companies pdf icon PDF 227 KB

14.

Rule No. 4.8 - Appointment of a Panel pdf icon PDF 220 KB

15.

Appointment of Non -Voting Independent Member on the Audit & Accounts Committee and Extraordinary Meeting of the Committee pdf icon PDF 242 KB

16.

Appointment of Monitoring Officer pdf icon PDF 251 KB

17.

Adoption of Model Member Code of Conduct pdf icon PDF 378 KB

Additional documents:

18.

'Making' the Bulcote Neighbourhood Plan pdf icon PDF 247 KB

19.

Notice of Motion

In accordance with Rule No. 13.1, Councillor P Peacock will move and

Councillor D Lloyd, will second a motion to the following effect:

Mineworkers Pension Scheme

‘On the 29th of April 2021 the Business, Energy and Industrial Strategy Committee published their investigation into the surplus sharing arrangements between the UK Government and the Mineworkers Pension Scheme.

Since privatisation of the Mineworkers’ Pension Scheme in 1994, successive Governments have received 50% of surpluses in the Scheme’s value, in return for providing a guarantee that the value of pensions will not decrease. At the time it was expected that the Government would receive approximately £4bn from the arrangement in today’s money. However, to date, the Government has received £4.4bn, and is also due to receive at least another £1.9bn, on top of 50% off any future surpluses. The Government has not paid any funds into the Scheme in return.

Whether or not the Government knew in 1994 that it would disproportionately benefit from the arrangement, and whether all parties thought it was fair at the time, is irrelevant. It is patently clear today that the arrangements have unduly benefited the Government, and it is untenable for the Government to continue to argue that the arrangements remain fair.

Tens of thousands of former mineworkers and their families reside within our district. Newark and Sherwood District Council support their calls for the Government to take seriously and act on the following findings of the Business, Energy and Industrial Strategy Committee:

·         “The Government hands the £1.2bn it is due to receive from the Investment Reserve back to miners, and sets out its proposals for how and when this will be administered in response to this report”.

 

·          “Governments should not be in the business of profiting from mineworkers’ pensions. We are therefore disappointed by the Government’s argument that the 1994 agreement is a success because the public purse has had strong returns from it. The Government is not a corporate entity driven by profit-motives and should not view the miners’ pensions as an opportunity to derive income”.

·         “The Government’s guarantee is important, has contributed to the success of the Scheme, and has benefitted Scheme members. However, we are not convinced by the Government’s argument that its entitlement to 50% of surpluses is proportionate to the relatively low degree of risk it actually faces in practice. The number of Scheme members and the relative size of the fund has fallen significantly since 1994. Yet, the Government’s ‘price’ for the guarantee has not been adjusted to reflect that fact. With no formal period review mechanism built into the agreement, pension members remain tied to an expensive arrangement”.

·         “With the benefit of hindsight, it is clear that the Government has already profited greatly from the Scheme. The Government must acknowledge that continuation of the arrangements in their current form deserves a review and a better outcome for pensions should be found. The current arrangements should be replaced with a revised agreement in which the Government is only entitled  ...  view the full agenda text for item 19.

20.

Minutes for Noting

20a

Policy & Finance Committee - 24 June 2021 pdf icon PDF 262 KB

Additional documents:

20b

Economic Development Committee - 16 June 2021 pdf icon PDF 254 KB

Additional documents:

20c

Homes & Communities Committee - 7 June 2021 pdf icon PDF 392 KB

20d

Leisure & Environment Committee - 22 June 2021 pdf icon PDF 257 KB

20e

General Purposes Committee - 10 June 2021 pdf icon PDF 221 KB

20f

Licensing Committee - 10 June 2021 pdf icon PDF 227 KB

20g

Audit & Accounts Committee - 21 April 2021 pdf icon PDF 235 KB

Additional documents:

20h

Planning Committee - 27 April 2021 pdf icon PDF 327 KB

20i

Planning Committee - 1 June 2021 pdf icon PDF 274 KB

20j

Councillors Commission - 28 April 2021 pdf icon PDF 211 KB