The role of the Pensions Board is to assist in the good governance of the scheme through the monitoring of Fund performance and adherence to statutory duties.
The Board consists of six employer and six member representatives consisting of five employer (officer) and five member (trade union) representatives together with two City of Wolverhampton councillors, each sitting one as an employer representative and one as a member representative.
The Pensions Board is not a decision-making body, nor does it hold a scrutiny function; its role is to assist in the compliance with scheme rules.
Following approval from the Secretary of State, the West Midlands Local Pension Board is a joint pension board with responsibility to assist in the good governance of both the West Midlands Pension Fund and the West Midlands Integrated Transport Authority Pension Fund.
Appointments to the Local Pension Board
Following the establishment of our local pensions board in 2014, the Board agreed not to review its membership for the first two years to allow a period of settlement and to develop the knowledge of its members.
Having been established for two years, the Board have now taken the opportunity to review and refresh its membership and are seeking one third nominations for the new 2017/2018 term.
At its meeting on 29 January 2017, the Board agreed to the proposed nominations process of seeking one third nomination each year and we now have a vacant position for one employer and one member representative to join the board. In line with the approved process the member representative shall be appointed from the Trade Unions.
If you are an officer employed by one of the Fund's employers and would like to take this opportunity to assist the Fund with ensuring its good and effective governance you may apply to be considered for the appointment of employer representative.
All candidates must be able to commit to the statutory duty ensuring they have capacity and knowledge to fulfil their duties.
Full training will be available (candidates will be expected to attend) and delivered to all persons appointed to the Board however a good background in some of the areas noted in the Job Description will be an advantage.
For more information or an informal discussion regarding this post please contact Rachel.email@example.com.
The nomination pack is available from the link on the side.
Questions about the Pensions Board
If you have any further queries about the West Midlands Pension Fund's Pensions Board, please contact Jane Hazeldine, Trustee Management Officer by email at firstname.lastname@example.org.