Agenda item

To consider the extension of an existing Member’s appointment to allow for staggered terms.

LOCAL GOVERNMENT PENSIONS BOARD

(Ian David Luder, J.P., Alderman)

29 June 2018

Revision to Term of Membership

At its meeting on 25 June 2015, the Court of Common Council had established a Local Government Pensions Board in order to meet the requirements of the Public Services Pension Act 2013, which specified that a Local Government Pensions Board must be established by 1 April 2015, but that it need not be operational at this point.

The Court appointed two Members, Alderman Ian Luder and James Tumbridge, as Scheme Manager representatives for terms of four years expiring in April 2019.

It had now been recognised that staggered terms of Membership would be more appropriate to allow for a continuation of Member knowledge and experience on the Board, as well as to offer a smooth transition in future years and a sensible rotation of Members to the Board going forward.

The Court of Common Council was therefore recommended to extend the current term on the Board of James Tumbridge by two years to expire in April 2021. This would allow for a staggering of Membership and offer sufficient overlap between elected Members on the Board when appointing these on four-yearly terms going forward.

Resolved – That James Tumbridge’s current term on the Local Government Pensions Board be extended by two years, such that it now expired in April 2021.