LGPS contributions. Whilst it is necessary for an Academy to incur extra costs in order to be a member of the LGPS due to having a small number of employees partaking in the scheme, the Secretary of State will pay an extra amount of grant in respect of these costs each financial year. Both parties acknowledge that new ways of working are being explored to lessen these costs and if these are successful this element of GAG will reduce or cease accordingly;
Appears in 4 contracts
Samples: Master Funding Agreement, Master Funding Agreement, Master Funding Agreement
LGPS contributions. Whilst it is necessary for an the Academy to incur extra costs in order to be a member of the LGPS scheme due to having a small number of employees partaking in the scheme, the Secretary of State will pay an extra amount of grant in respect of these costs each financial year. Both parties acknowledge that new ways of working are being explored to lessen these costs and if these are successful this element of GAG will reduce or cease accordingly;
Appears in 1 contract
Samples: Funding Agreement