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Applications for two additional Pension Board members are now open

Publication date: 01/02/2021 16:20:40

Applications for two additional Pension Board members are now open

The Local Government Pension Scheme (LGPS) is one of the largest defined benefit (DB) schemes in the world and is the largest DB scheme in England and Wales, with 15,700 employers, 5.9m members and assets of £291bn. There are 89 funds and each provides regional administration of the LGPS for its members and participating employers.

Shropshire County Pension Fund looks after the Local Government Pension Scheme (LGPS) in Shropshire on behalf of 47,314 members and over 148 employers. Shropshire Council is the administering authority and retains ultimate responsibility for the administration and governance of the scheme.

A Pensions Board was established in 2015. The role of the Pensions Board is to support the administering authority to fulfil that responsibility and secure compliance with any requirements imposed by the Pensions Regulator. The Pensions Board is made up of scheme member and scheme employer representatives. 

Are you a current or former scheme member? Or do you work for a scheme employer who participate in the LGPS?

The Fund is seeking to appoint additional members to its Local Pension Board and has the following vacancies:

  • 1x Scheme member representative
  • 1 x Scheme employer representative (all applications for Scheme employer representatives should attach an email from the authorised officer at the organisation)

The vacancies are unique opportunities for members and employers to be involved in the administration and governance of the LGPS.

To apply please complete the application form. The completed form should be emailed to pensions@shropshire.gov.uk by 5pm on Monday 15 February 2021.

The person specification and the terms of reference should be referred to when completing the application form as the capacity and skills to meet the requirements outlined in these documents will form part of the selection criteria. Applicants must also be available to attend the next Pensions Board meeting on the 19 March 2021.

Categories:

Pensions Board

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