12 June 2018
Pensioner Representatives Selection 2018
Would you like to be a Pensioner Representative or help with the selection process?
We are looking for 1 pensioner to join the Pension Committee.
The following outlines the Pension Committee’s role, explains who is eligible to stand as a Pensioner Representative and summarises the selection process.
Important: if you are in receipt of a pension from Nottinghamshire Pension Fund, your pension will not be affected in any way by this selection process.
What do the Representatives do?
The Pension Committee deals with both pension administration and strategic investment issues.
The Representatives on the Pension Committee have a duty to act impartially and in good faith on behalf of all the employed members, pensioners and deferred pensioners of the Scheme.
The main duties and responsibilities of the Representatives include contributing views on:
- Pension Committee, which meets every 6 weeks;
- any proposed changes to the Pension Scheme;
- the admission of employers into the Pension Fund;
- issues concerning communications between the Administering Authority, pensioners, deferred and active contributors;
- Fund administration matters including the use of discretionary powers, the consideration of policies in relation to late payment of employer’s contributions and risk management processes.
Could I do the job?
To become a Pensioner Representative, you do not need to be a pension expert. What is required is common sense, an interest in seeing that the Pension Scheme is well run and a willingness to learn about the Scheme and how it works. There is a lot to learn, but full training will be given and plenty of help and advice will be available from the Pension Committee and from the Pensions Office.
How much time is involved?
The Pension Committee usually meets 6 weekly (at County Hall, Nottingham), although extra meetings may be occasionally required. Additional time is involved in training.
A Pensioner Representative serves initially for four years and will be eligible for re-appointment in future selections.
Pensioner Representatives are not paid for their services but are reimbursed for reasonable travelling and other out-of-pocket expenses, within the United Kingdom, incurred while carrying out their responsibilities.
To be eligible to stand as a Pensioner Representative, you must be receiving a pension from Nottinghamshire’s Local Government Pension Fund.
The selection process
If you’d like to apply for the position of Pensioner Representative you should submit a statement of no more than 200 words long detailing why you wish to be considered as a pensioner representative and what qualities you would bring. Based on the quality of the written statements and the experience of the pensioner, applicants will be shortlisted for interview purposes.
The individuals who are shortlisted for the position of Pensioner Representative will be invited to attend an interview. The Chairman and the Vice Chairman will consider the applications and appoint the successful candidate.
The decision will be final and there will be no process of appeal.
The successful candidates will be announced, the Pensions website http://www.nottinghamshire.gov.uk/npf
The outline timetable proposed for selecting the Pensioner Representatives is as follows:
By 13 July 2018
Final date for receipt of applications for the positions of Pensioner Representative