An employee representative vacancy has arisen on the Buckinghamshire Local Pension Board. Buckinghamshire County Council (BCC) as administering authority for the Buckinghamshire Pension Fund is seeking an individual with experience and enthusiasm to be part of the BCC local pension board in relation to the Local Government Pension Scheme (LGPS).
About the role
The Buckinghamshire Pension Fund is seeking to appoint an experienced, proactive and innovative individual to act as employer or employee representatives on its Local Pension Board. You will already have a basic knowledge of the Local Government Pension Scheme (LGPS); have the capacity to undertake the role and the ability to properly represent the interests of employers or scheme members.
You will work closely with officers responsible for the pension arrangements for the Buckinghamshire Pension Fund to ensure compliance with pensions legislation and the requirements of The Pensions Regulator. Most importantly you will ensure the effective governance and administration of the Fund to ensure members of the LGPS receive a high quality pension service.
To secure compliance with:
- the LGPS Regulations;
- other legislation relating to the governance and administration of the LGPS; and
- the requirements imposed by The Pensions Regulator (TPR) in relation to the LGPS, and
- to ensure the effective and efficient governance and administration of the LGPS.
To ensure that the Buckinghamshire County Council (as administering authority for the Buckinghamshire Pension Fund) acts within the requirements and rules set out in its policy documents/statements.
To understand and fulfil the constitution and rules that govern the Buckinghamshire Pension Fund.
To assist Buckinghamshire County Council (as administering authority for the Buckinghamshire Pension Fund) to:
- manage risks and ensure there are adequate internal controls
- maintain/keep records and ensure the quality of member data in accordance with TPR Code of Practice
- manage conflicts of interest
- publish information in relation to the Board
- communicate information to scheme employers and members
- resolve disputes and report breaches of the law
Knowledge of the LGPS and associated legislation
Knowledge of the public sector and local government finance
Experience of participating in meetings open to the public and press
Mathematical and statistical literacy
Possesses a broad understanding of the wider pensions environment and the effect changes have on the pensions industry as a whole
Demonstrates dedication to undertake any training deemed relevant/necessary by the administering authority
Strong attendance record
Ability to communicate clearly and participate in active discussions
Ability to influence, engage and work effectively in a group
Ability to challenge constructively and ask appropriate questions
Ability to manage difficult and/or challenging situations
Ability to maintain confidentiality on confidential/sensitive information
An understanding of and a commitment to promote equal opportunity
Experience of working with governance structures
Experience of working as part of a team
The appointment will be for a period of three years
There will be three standard meetings per year with the possibility of special ad-hoc meetings. Meetings are expected to be two hours in length and will be held at the County Council’s offices in Aylesbury. Each representative will be required to attend a minimum of two standard meetings per year. An allowance of £750 will be paid per annum (£3,750 for the Chairman), however if the representative is a councillor member of a local authority or an employee of an organisation participating in the Buckinghamshire Pension Fund, they will not be eligible to claim the allowance. Mileage and subsistence costs will be payable where appropriate.
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