37
City of Glasgow College Annual Report & Accounts 2019-20
Actual 12 months to 31 July 2020 Actual 12 months to 31 July 2019
SALARY PENSION TOTAL SALARY PENSION TOTAL
£'000 £'000 £'000 £'000 £'000 £'000
Paul Little 160-165 27 190-195 160-165 38 200-205
Stuart Thompson 85-90 31 120-125 90-95 53 140-145
Roy Gardner 80-85 29 110-115 80-85 39 120-125
Shelia Lodge 100-105 23 120-125 95-100 24 120-125
John Gribben 70-75 25 95-100 N/A N/A N/A
Clare Carney 45-50 15 60-65 N/A N/A N/A
Accrued pension at
pension age at 31 July
2020
Accrued lump sum at
pension age at 31 July
2020
Real increase in
pension to 31 July
2020
Real increase in lump
sum to 31 July 2020
£'000 £'000 £'000 £'000
Paul Little 35-40 0-5 0-2.5 0-2.5
Stuart Thompson 35-40 55-60 0-2.5 0-2.5
Roy Gardner 20-25 10-15 0-2.5 0-2.5
Shelia Lodge 0-5 0-5 0-2.5 0-2.5
John Gribben 0-5 0-5 0-2.5 0-2.5
Clare Carney 0-5 0-5 0-2.5 0-2.5
Claire Carney joined the College in January 2020 and John
Gribben was promoted to the Executive Leadership Team
in June 2020. Fares Samara left the College on 1 April 2019
and Joanna Campbell left the College on 31 May 2019.
Principal Salary
The Principal received a salary of £163,000 during the year
2019-20.
Median remuneration
Based on the 12 months equivalent figure above the
banded remuneration of the highest paid official in the
organisation in the financial year 2019-20 was £160,000
to £165,000 (2018-19 £160,000-£165,000). This was 4.1
times (2018-19 4.2 times) the median remuneration of the
workforce, £39,520 (2018-19 £38,450). These figures have
been audited by Azets Audit Services.
Accrued Pension Benefits
Pension benefits for employees are provided through the
Scottish Teacher's Superannuation Scheme (STSS) a
defined benefit scheme, which is notionally funded and
contracted out of State Earnings Related Pension Scheme
and the Local Government Pension Scheme (LGPS) Both
STSS and LGPS are final salary pension schemes. This
means that pension benefits are based on the final year's
pay and the number of years that the person has been a
member of the scheme.
The scheme's normal retirement age is 65. Contribution
rates are set annually for all employees and can be found
in note 24. There is no automatic entitlement to a lump
sum. Members may opt to give up (commute) pension
for lump sum up to the limit set by the Finance Act 2004.
The accrual rate guarantees a pension based on final
pensionable salary and years of pensionable service.
Senior Officials Pension
Pension benefits are provided to senior officials on the same
basis of all other staff. The accrued pension benefits for
senior officials are set out in the table below, together with
the pension contributions made by the College. The figures
have been audited by Azets Audit Services.