The Learning and Skills Councils Annual Report and Accounts for ...

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5a Staff costs Information in respect of board members’ and senior employees’ emoluments and pension entitlements is provided in the Remuneration Report on pages 21 to 31. Year ended 31 March 2010 £’000 Year ended 31 March 2009 £’000 The aggregate payroll costs for the LSC were as follows: Salaries* 130,048 122,325 Social security* 11,452 10,817 Pension costs 24,120 24,179 Redundancies and payment in lieu of notice* 1,363 (14) 166,983 157,307 Other staff (includes agency/contract/seconded staff) 3,750 4,693 170,733 162,000 Staff costs related to programmes (35,834) (34,801) Total staff costs 134,899 127,199 * Includes £3.9 million relating to the buy-out of staff benefits of staff transferring to local authorities, and £0.9 million of severance costs as a consequence of Machinery of Government changes. These costs were separately funded by BIS (£0.5 million) and DCSF (£4.3 million). See also note 23a. 5b Pension costs – Principal Civil Service Pension Scheme employer contributions Pension benefits were provided through the Principal Civil Service Pension Scheme (PCSPS). The PCSPS is an unfunded multi-employer defined benefit scheme. The LSC has been unable to identify its share of the underlying assets and liabilities. The Scheme Actuary valued the scheme as at 31 March 2009. Details can be found in the resource accounts of the Cabinet Office: Civil Superannuation (civilservice-pensions.gov.uk). For 2009–10, employers’ contributions of £22,973,163 were paid to the PCSPS by 31 March 2010 (2008–09: £23,419,088) at one of four rates in the range 16.7 per cent to 24.3 per cent of pensionable pay (2008–09: 17.1 per cent to 25.5 per cent), based on salary bands. The Scheme Actuary reviews employer contributions every four years following a full scheme valuation. The contribution rates were set to meet the cost of the benefits accruing during 2009–10 to be paid when the member retires, and not the benefits paid during this period to existing pensioners. Employees could opt to open a partnership pension account, a stakeholder pension with an employer contribution. Employers’ contributions of £171,363 (2008–09: £171,009) were paid to one or more of a panel of three appointed stakeholder pension providers. Employer contributions were age related and ranged from 3 per cent to 12.5 per cent of pensionable pay. Employers also matched employee contributions up to 3 per cent of pensionable pay. In addition, employer contributions of £13,377 (2008–09: £12,844) representing 0.8 per cent of pensionable pay were payable to PCSPS to cover the cost of future provision of lump-sum benefits on death in service and ill-health retirement. No contributions were outstanding to the partnership pension providers at the balance sheet dates of 31 March 2010 and 31 March 2009. 62 LSC Annual Report and Accounts 2009–10
5c Average number of staff employed (i) Year ended 31 March 2010 Senior management staff number Payroll staff number Inward seconded staff number Agency/ temporary staff number Total staff number The average number of staff employed during the year, including the Chief Executive, was: Adults Learning, Skills and Employment 0 138 0 14 152 Young People’s Learning and Skills 1 62 0 7 70 Finance and Resources 3 207 2 21 233 Funding, Planning and Performance 1 113 2 16 132 Human Resources 1 62 1 4 68 Sector Shared Services 0 67 1 8 76 National Apprenticeship Service 1 327 2 4 334 Regional and local LSCs 10 2,052 6 34 2,102 Total 17 3,028 14 108 3,167 (ii) Year ended 31 March 2009 Senior management staff number Payroll staff number Inward seconded staff number Agency/ temporary staff number Total staff number The average number of staff employed during the year, including the Chief Executive, was: Adults Learning, Skills and Employment 1 135 0 17 153 Young People’s Learning and Skills 1 66 0 4 71 Finance and Resources 1 212 0 17 230 Funding, Planning and Performance 2 130 3 8 143 Human Resources 1 64 1 2 68 Sector Shared Services 0 36 0 6 42 National Apprenticeship Service 0 11 1 2 14 Regional and local LSCs 12 2,446 12 38 2,508 Total 18 3,100 17 94 3,229 Finance LSC Annual Report and Accounts 2009–10 63
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The Learning and Skills Council’s
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© Skills Funding Agency July 2010
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Chairman’s Statement Looking back
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This comes on top of another achiev
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So it is with both delight and some
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Our Targets and Achievements In the
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Management and Structure The Learni
Page 16 and 17: Taking Care of Our People To meet o
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Page 34 and 35: Unaudited information Salary For th
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Page 50 and 51: Statement of Financial Position as
Page 52 and 53: Statement of Cash Flows for the yea
Page 54 and 55: Table 1: Summary of depreciation me
Page 56 and 57: Education Maintenance Allowance Edu
Page 58 and 59: 2 First-time adoption of IFRS £’
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Page 76 and 77: 15 Financial guarantee: Career Deve
Page 78 and 79: 17 Operating lease commitments Tota
Page 80 and 81: 22 Related party transactions Durin
Page 82 and 83: 23 Losses statement The LSC incurre
Page 84 and 85: Glossary and Further Information Th
Page 86: Sector Skills Councils (SSCs) Indep
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