London Borough of Croydon Pension Fund (PO-14963)
Ombudsman’s Determination
Outcome
The complaint against Croydon is not upheld, because the contribution rates were a matter for Croydon to decide, having taken actuarial advice, and the methodology applied by Croydon for Oasis’ academies is one which a reasonable administering authority could have decided.
Complaint summary
Oasis has complained that when setting deficit contribution rates payable to the Fund by Oasis’ academy schools, Croydon has acted unfairly and breached its public law and fiduciary duties, and its actions have constituted maladministration.
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