Live Borders trust seeks early retirements approval
- Published
A charitable trust which runs libraries and museums in the Borders is seeking approval for early retirements aimed at saving 拢320,000-a-year.
Live Borders - which also operates sports facilities - wants to make the move to meet savings targets.
The action would incur nearly 拢340,000 in one-off severance payments and pension strain costs.
However, a report to Scottish Borders Council said those would be recouped in just over a year.
A total of 12 staff are seeking early retirement or voluntary severance.
The individual cost of releasing them ranges from about 拢12,000 to more than 拢60,000.
The council is being advised to approve the move this week.
Live Borders - an amalgamation of the council's cultural services and the former Borders Sport and Leisure Trust - came into existence on 1 April last year when the council confirmed a 拢121m contract for the delivery of integrated services over the next 20 years.
- Published15 November 2016
- Published29 March 2016
