Job description and person specification

Becoming an ERPF Local Pension Board member.

    Role of the pension board member

    The role of the pension board member is to:

    • provide support and assistance to the administering authority
    • act as a critical friend, challenging constructively on issues where the board may have a concern
    • keep personal knowledge and skills up to date
    • identify gaps in their understanding and request training to fill those gaps
    • show a particular interest in the administration and governance of the pension scheme, especially KPIs
    • regularly monitor the quality of the pension members' experience
    • ask whether shortcomings or failures in the scheme's administration constitutes a breach of legislation, and should be reported to TPR
    • ask about the strength of employers' covenants
    • check whether the main decision making body or officer has taken proper advice and has undertaken adequate due diligence in considering the fund's asset allocation and wider - investment matters
    • ask whether the investment performance of the fund is being adequately monitored (this applies to assets managed directly, through a direct relationship with an asset manager or via a pooling arrangement)
    • monitor the work of the SAB and its sub-committees, and also TPR.

    More information on the role of the East Riding Pension Fund Local Pension Board is set out in the document below:

    Terms of Reference (pdf 581kb)

    What type of person are we looking for to be a member representative?

    The type of person that would be suitable for consideration as a member representative would have:

    • a good understanding of pension fund management, LGPS knowledge and an awareness of the issues facing the LGPS
    • an ability to represent the views of the LGPS members to the Pension Board
    • an ability to operate within the Pension Board’s Terms of Reference and Code of Conduct and in line with the seven principles of public life – selflessness, integrity, objectivity, - accountability, openness, honesty and leadership
    • confidence to challenge, influence, and engage
    • effective communication skills and be a team player able to promote excellent working relationships within the Pension Board and gain the confidence of external stakeholders.

    If you are interested in registering your interest to become a member representative when there is a vacancy on the East Riding Pension Fund Local Pension Board (ERPF LPB), please complete the expression of interest form available below:

    LPB Member Expression of Interest Form (pdf 478kb)

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