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AnnuAl Accounts - Regulation and Quality Improvement Authority

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14<br />

No benefits in kind were received.<br />

Pension benefits for all <strong>Authority</strong> employees are provided<br />

through the Health <strong>and</strong> Personal Social Services<br />

Superannuation Scheme. This is a statutory scheme that<br />

provides benefits on a ‘final salary’ basis at a normal<br />

retirement age of 60. Members pay contributions of 6%<br />

<strong>and</strong> employers 7% of pensionable earnings. Benefits<br />

accrue at the rate of 1/80th of pensionable salary for<br />

each year of service. In addition a lump sum equivalent<br />

to 3 years pension is payable on retirement. Pension<br />

payments increase in line with the Retail Prices Index.<br />

3.3 Number of Members & Employees<br />

2005<br />

<strong>Authority</strong> Members 7<br />

Professional & technical -<br />

Administration & clerical 2<br />

Agency/temporary staff 1<br />

10<br />

The Department of Health, Social Services <strong>and</strong> Public<br />

Safety is regarded as a related party. During the year the<br />

HPSS <strong>Regulation</strong> <strong>and</strong> <strong>Improvement</strong> <strong>Authority</strong> has had<br />

various material transactions with the Department <strong>and</strong><br />

with the Central Services Agency for which the<br />

Department of Health, Social Services <strong>and</strong> Public Safety<br />

is regarded as the parent Department.<br />

5. Other Operational Costs<br />

2005<br />

Fees 5,986<br />

Training 2,112<br />

Rent, Rates, Insurance & Water 17,673<br />

Cleaning & Catering 914<br />

Printing, Stationary & Advertising 37,398<br />

Postage & Telephone 2,968<br />

Transport & Travel Expenses 3,784<br />

£<br />

Furniture & Office Equipment 26,389<br />

4. Related Party Transactions<br />

Miscellaneous 1,535<br />

Total 98,760<br />

HPSS <strong>Regulation</strong> <strong>and</strong> <strong>Improvement</strong> <strong>Authority</strong> is a Non-<br />

Departmental Public Body sponsored by the Department<br />

of Health, Social Services <strong>and</strong> Public Safety.<br />

RQIA Annual Report & <strong>Accounts</strong> 2004/2005

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