At a Glance
- Tasks: Help oversee the £3.9bn Pension Fund and ensure sound governance for 65,000 members.
- Company: Durham County Council, managing a significant Local Government Pension Scheme.
- Benefits: Training funded, reasonable expenses paid, and a chance to make a real difference.
- Why this job: Be a voice for scheme members and contribute to effective pension fund governance.
- Qualifications: Must be a scheme member or able to represent scheme members of the Fund.
- Other info: Attend four meetings a year and engage in meaningful discussions about pension governance.
The predicted salary is between 36000 - 60000 £ per year.
Overview
Essential Criteria – You must be a scheme member of the Durham County Council Pension Fund or have capacity to represent scheme members of the Fund. No officer of the Administering Authority who is responsible for the discharge of any function of the Administering Authority under the Regulations may serve as a member of the Board. Durham County Council in its capacity as administering authority of the £3.9bn Durham County Council Pension Fund is seeking to appoint new representatives to its Local Pensions Board. This is an exciting opportunity to oversee the activity of the Fund and ensure sound governance, on behalf of the Fund’s 65,000 scheme members.
Role of the Local Pension Board
Durham County Council is the Administering Authority of the Durham County Council Pension Fund (part of the Local Government Pension Scheme (LGPS)), and as such is responsible for administering the Pension Fund – this includes managing the investments, collecting and investing contributions and paying scheme benefits.
The Local Pension Board\’s role is to assist the Administering Authority in its role as a scheme manager of the Pension Fund. Such assistance is to:
- secure compliance with the Regulations, any other legislation relating to the governance and administration of the Scheme, and requirements imposed by the Pensions Regulator in relation to the Scheme and;
- to ensure the effective and efficient governance and administration of the Scheme.
Local Pension Board Membership
The Local Pension Board is made up of four pension scheme member representatives and four employer representatives. We are seeking a new scheme member representative who must be a scheme member of the Durham County Council Pension Fund or have capacity to represent scheme members of the Fund. You must have the capacity to attend four meetings a year and all training requirements. All training will be funded, and reasonable expenses will be paid.
How to Apply
Please provide a personal statement setting out how:-
- your knowledge, skills and experience would assist the Pension Fund in ensuring effective and efficient governance and administration and
- how you have the capacity to represent scheme members of the Fund.
You should apply by midnight, Sunday 5 October and email your statement to angela.nicholson@durham.gov.uk
Find Out More
For an informal chat please contact Ashleigh.Phillips@durham.gov.uk
To learn more about the Fund and its Local Pension Board please see the following: durham.gov.uk article/6164/Durham-County-Council-Pension-Fund-Local-Pension-Board and www.durham.gov.uk/lgps
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Local Pension Board Scheme Member Representative employer: Durham County Council
Contact Detail:
Durham County Council Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Local Pension Board Scheme Member Representative
✨Tip Number 1
Network like a pro! Reach out to current or former members of the Local Pension Board. They can give you insider info on what it takes to succeed and might even put in a good word for you.
✨Tip Number 2
Prepare for that informal chat! Brush up on your knowledge about the Durham County Council Pension Fund and the Local Pension Board's role. Show them you’re not just a candidate, but someone who genuinely cares about the governance of the fund.
✨Tip Number 3
Don’t underestimate the power of a personal statement! Make it personal and specific. Highlight your skills and experiences that directly relate to the role, and don’t forget to mention your capacity to represent scheme members.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about the opportunity. Don’t wait until the last minute; get your application in early!
We think you need these skills to ace Local Pension Board Scheme Member Representative
Some tips for your application 🫡
Know Your Stuff: Make sure you understand the role of the Local Pension Board and how it operates. Highlight your knowledge of the Durham County Council Pension Fund in your personal statement to show us you’re the right fit!
Showcase Your Skills: In your personal statement, don’t just list your skills—explain how they’ll help us ensure effective governance and administration of the Pension Fund. Be specific about your experience and how it relates to the role.
Be Genuine: We want to hear your authentic voice! Share your passion for representing scheme members and why this role matters to you. A personal touch can really make your application stand out.
Submit on Time: Don’t forget the deadline! Make sure you send your personal statement to the provided email by midnight on Sunday 5 October. We can’t wait to read your application, so get it in early if you can!
How to prepare for a job interview at Durham County Council
✨Know Your Stuff
Make sure you have a solid understanding of the Durham County Council Pension Fund and its governance. Familiarise yourself with the key regulations and the role of the Local Pension Board. This will show that you're not just interested in the position, but that you’re genuinely invested in the fund's success.
✨Showcase Your Experience
In your personal statement and during the interview, highlight any relevant experience you have that aligns with the role. Whether it’s previous involvement in pension schemes or governance roles, make it clear how your background equips you to represent scheme members effectively.
✨Ask Thoughtful Questions
Prepare some insightful questions about the Local Pension Board's current challenges or future goals. This demonstrates your engagement and interest in the role, plus it gives you a chance to assess if this is the right fit for you.
✨Be Ready to Discuss Training
Since all training will be funded, be prepared to discuss how you plan to approach this aspect of the role. Show that you’re eager to learn and grow in your capacity as a representative, which will reassure them of your commitment to the position.