Teesside Pension Fund is recruiting a pensioner representative for its Local Pension Board.
The Board's role is to oversee the governance and administration of the Pension Fund. Although the Pension Fund Committee is the decision-making body responsible for the administration and investment of the Pension Fund, the Teesside Pension Board plays an important role in overseeing how the Fund is run and assisting the Committee and the Administering Authority (Middlesbrough Council) in ensuring the effective and efficient governance and administration of the Fund.
The Board is made up of six people – three employer representatives and three scheme member representatives (one of whom is the pensioner representative).
Representatives are appointed for a four year term, and one of the pensioner representative post is now up for reappointment. The terms of reference for the Board, which provides more information on the role of the representative and the knowledge and skills that someone carrying out the role will be expected to acquire, is available to download at the following link: https://www.teespen.org.uk/media/kwyjbqmq/teesside-pension-board-terms-of-reference.pdf
It is not expected that anyone will have all the knowledge and skills on day one, and training and support will be provided. Interest and enthusiasm are just as important!
Please note, this is an unpaid role although travel expenses can be claimed.
If you'd like to nominate yourself as a potential pensioner representative, please complete the application form available at the following link: https://www.teespen.org.uk/media/pkrjpqfy/teesside-pension-board-pensioner-rep-application-form-2021.docx
The closing date for applications is 30 November 2021.
The first Board meeting for the new representative will be 21 February 2022. The Board usually has four meetings a year, normally held on Mondays at 2pm at the Town Hall, Middlesbrough.
If you have any questions about this role, want to have an informal discussion about it, or would like to be sent a paper application form please contact:
Nick Orton (Head of Pensions Governance and Investments) 01642 729040 [email protected]
Job Reference: N/A
Date Posted: 12/10/2021
Closing Date: 30/11/2021
Job Category/Type: N/ATeesside Pension Board Terms Of Reference Teesside Pension Board Pensioner Rep Application Form 2021