Select Page

Pension Board

Expression of Interest for Member representative- closing date 15 May 2020

The Local Pension Board for the Cheshire Pension Fund has been in operation since 2015.  The Board consists of five members; a non-voting independent Chair, two Employer Representatives and two Member Representatives, as outlined in the table below:

Type Name Organisation Date Appointed Term End Date
Employer Adrienne Laing The Challenge Academy Trust 1/4/20 31/3/23
Employer Cllr Robert Bisset Cheshire West and Chester Council 27/6/18 26/6/21
Member Geoff Wright UNISON 27/6/18 26/6/21
Member Neil Harvey* GMB 27/6/18 26/6/21
Chairperson Peter Raynes Independent (non-voting) 27/6/18 26/6/21

One of the Member representatives, Neil Harvey, will reach the end of the 3 year term of office on 26 June 2020 and so the Fund is seeking expressions of interest from Employers who may wish to be considered for this post.

In the event that no suitable candidates are found to replace existing Board member they will be invited to continue in their role for a further 2-3 years.

The timetable will be as follows:

Dates Action
18 April 2020 The posts are advertised for a period of 4 weeks
15 May 2020 Closing date for receipt of Expressions of Interest
May/ June (dates to be confirmed) Selection interviews*
27 June 2020 Member will be appointed/re-appointed

*In the event that there are numerous candidates for the role advertised then a selection process consisting of interviews will take place in May/June

The role requires a person who can demonstrate the required criteria, characteristics and skills, which include:

  • You must be a member of the Cheshire Pension Fund and be able to commit to a membership period of 3 years
  • Capacity to attend at least five Local Pension Board meetings per year, along with a minimum of four training sessions and attendance at conferences and seminars throughout each year
  • A good understanding of pension fund management, LGPS knowledge and an understanding of the issues facing the LGPS
  • Financial and Investment awareness
  • Act impartially in the interests of both employers and members
  • Confidence to challenge, influence, and engage
  • Act prudently, honestly and in line with accepted principles of public life
  • An effective communicator and team player and promote excellent working relationships within the Local Pension Board and gain the confidence of external stakeholders

Interested parties should complete the Expression of interest form and return it to the Fund using the options below:

Email:    pensions@cheshirewestandchester.gov.uk

Post:      Local Pension Board- FAO Heidi Catherall, Cheshire Pension Fund, 4 Civic Way, Ellesmere Port, Cheshire, CH65 0BE

Do you want to get more involved in the Governance of the Cheshire Pension Fund as an employer representative, a member representative or Independent Chair?

Who can sit on the Board?

Under the regulations, the Board must comprise equal numbers of scheme member and scheme employer representatives. Cheshire has chosen to have two scheme member (One nomination being a trade union representative) and two employer representatives (One nomination being made by Cheshire West and Chester Council). The Committee will also have an Independent Chair (who will not have any voting rights).

The key requirements of prospective Board Members are to have the capacity to represent their group, and the capacity to acquire the knowledge and understanding to undertake the role. Full training will be given.

How much time and effort is involved?

The Board is likely to meet a minimum of twice a year, most likely at HQ building, Chester. Board Members will also be expected to undertake the necessary training to undertake the role, and this is likely to involve 2 to 3 days training a year (potentially more initially). Board Members will also be entitled to attend meetings of the Pension Fund Committee as Observers.

Appointments are made for a 3 year period.

Due to the requirements for Board Members to have/develop the necessary knowledge and understanding, it has been determined that substitutes will not be allowed.

Will I be paid to sit on the Board?

No – although you will be entitled to reclaim any travel or subsistence costs incurred as a result of attending Board Meetings, or approved training.

What are the next steps?

Further information on the Local Pension Board is contained within the Board’s terms of reference available.

If you are interested in any of the roles please click on the links below for further information, specifications and expression of interest forms.

 

Independent Chair

Who can be the Independent Chair?

For the role of independent chair we are looking for someone who can demonstrate the following criteria, characteristics and skills. It should be noted that the role will involve reviewing the financial aspects of pension fund management and we are looking for people who bring an appropriate level of knowledge with them.

Qualities expected of the Chair

• proven leadership skills with the ability to chair meetings
• articulate in writing and speech, including preparing formal papers
• excellent communication skills
• tact and diplomacy
• willingness to speak one’s mind and listen to the views of others.

Experience and knowledge

• knowledge and experience of governance or management of work-based Local Government Pension Scheme and the regulatory bodies involved
• a working knowledge of the Local Government Pension Scheme
• prior experience of committee/trustee work
• the law relating to pensions
• any matters which are prescribed in regulations
• an awareness of the practices and policies about the administration of the LGPS including –
• Pension Fund administration and governance
• Pension Fund investment management
• Pension Fund liability management

Remuneration, expenses and allowances

The role will be not be remunerated. All Pension Board members will be entitled to claim travel and subsistence allowances for attending meetings relating to Pension Board business (including attending training) at rates contained in the Members’ Allowances Scheme.

If you are interested please complete and return the following expression of interest form:

Expression of interest form

Employee Representative

Who can be an employee Representative?

An employee representative can:

  • be a member of the scheme
  • be an employee
  • be a deferred or retired member

For the roles of member representatives we are looking for people who can demonstrate the following criteria, characteristics and skills. It should be noted that the role will involve reviewing the financial aspects of pension fund management and we are looking for people who bring an appropriate level of knowledge with them.

  • You must be a member or an employer member of the Cheshire Pension Fund and be able to commit to a membership period of 3 years
  • Capacity to attend at least two Local Pension Board meetings per year, along with training as required
  • A good understanding of pension fund management, LGPS knowledge and an understanding of the issues facing the LGPS
  • Financial and Investment awareness
  • Trustee, governance or representative board experience
  • Act impartially in the interests of both employers and members
  • Confidence to challenge, influence, and engage
  • Act prudently, honestly and in line with accepted principles of public life
  • An effective communicator and team player and promote excellent working relationships within the Local Pension Board and gain the confidence of external stakeholders

Interested parties should complete the Expression of interest form and return it to the Fund using the options below:

Email:    pensions@cheshirewestandchester.gov.uk

Post:     Local Pension Board- FAO Heidi Catherall, Cheshire Pension Fund, 4 Civic Way, Ellesmere Port, Cheshire, CH65 0BE

 

 

Employer Representative

Who can be a scheme employer representative?

An employer representative can:

  • be an employee of an employer in the Cheshire Pension Fund
  • also be a scheme member (e.g. if they are also an employee who has chosen to join the LGPS)
  • be someone other than an employee e.g. in the case of an Academy school a Governor could be nominated as an employer representative

For the roles of employer representatives we are looking for people who can demonstrate the following criteria, characteristics and skills. It should be noted that the role will involve reviewing the financial aspects of pension fund management and we are looking for people who bring an appropriate level of knowledge with them.

  • You must be a member or an employer member of the Cheshire Pension Fund and be able to commit to a membership period of 3 years
  • Capacity to attend at least two Local Pension Board meetings per year, along with training as required
  • A good understanding of pension fund management, LGPS knowledge and an understanding of the issues facing the LGPS
  • Financial and Investment awareness
  • Trustee, governance or representative board experience
  • Act impartially in the interests of both employers and members
  • Confidence to challenge, influence, and engage
  • Act prudently, honestly and in line with Nolan’s seven principles of public life
  • An effective communicator and team player and promote excellent working relationships within the Local Pension Board and gain the confidence of external stakeholders

If you are interested please complete and return the following expression of interest form:

Expression of interest form