Author
Amanda Crawford
Published
25th October 2021
Essex Pension Fund is recruiting for an Independent Chairman to join the Essex Pension Fund Advisory Board (PAB)
Essex Pension Fund is recruiting for an Independent Chairman to join the Essex Pension Fund Advisory Board (PAB).
The Role of the PAB
The PAB is a central part of the governance arrangements for the Essex Pension Fund as an oversight body supporting Essex County Council in their role as the Administering Authority / Scheme Manager.
The PAB is responsible for assisting the Administering Authority / Scheme Manager in securing compliance with:
• the LGPS Regulations;
• any other legislation relating to the governance and administration of the Pension Fund;
• requirements imposed by The Pensions Regulator (TPR) in relation to the Pension Fund; and
• to ensure the effective and efficient governance and administration of the Pension Fund.
Independent Chairman Main Duties and Responsibilities
As a the Independent Chairman of the PAB you will be expected to:
• commit to undertake the role for a period of 4 years with the potential to extend up to a further 2 years;
• have the capacity to attend up to four PAB meetings per year;
• attend and participate constructively in meetings of the PAB;
• have Financial and Investment awareness;
• undertake training and development appropriate to your role;
• approach matters before the PAB with an open and independent mind avoiding any pre-determination or bias;
• have the confidence to challenge, influence and engage; and
• operate within the PAB’s Terms of Reference and Code of Conduct and in line with the seven principles of public life.
How to Apply
Please submit your CV and a covering letter setting out how you meet the above requirements to compliance.team@essex.gov.uk. The closing date for submissions is close of business Wednesday 10 November 2021. This role will attract remuneration of up to £8,000 p.a. inclusive of tax.
Interviews will take place on Monday 22 November 2021 either at County Hall, Chelmsford or via Zoom. It is envisaged that the successful applicant will attend the next PAB meeting on Wednesday 15 December 2021 in an Observer capacity, as a handover from the current Chairman.