Local Pension Board

As a result of changes to governance arrangements to pension schemes in the public sector, the Isle of Wight Council as an administering authority for the LGPS is required to have in place a local pension board. The role of the board is to assist the Isle of Wight pension fund in complying with all the legislative requirements, making sure the scheme is being effectively and efficiently governed and managed.

The board members work with the Council in its role as an administering authority and with the pension fund’s officers to ensure that your pension scheme is being run properly and that you as a member get the best service.

To comply with requirements imposed by regulations which are enforced by the Pensions Regulator, the members of the local pension board are required to maintain their knowledge and understanding of the LGPS and pensions in general, so receive appropriate training.

The board must have an equal number of employer representatives and scheme member representatives.

Scheme member and employer representatives are appointed to the board for a term of 4 years.

The current local pension board comprises the following members:

		Date of appointment	End of term
Scheme Member representatives
Union nomination	Trevor Ould	17 November 2021	November 2025
Direct appointment	Barbara Milton	1 April 2022	March 2026
Direct appointment	Jean Ratnayake	30 September 2024	September 2028
Employer representatives
Isle of Wight Councillor	Cllr Paul Fuller	29 February 2024	May 2025
Isle of Wight Senior Officer	Tonya Jayston	9 November 2023	October 2027
External employer	Liz Kingston	1 June 2022	May 2026
Independent chairman
External appointment	Martin Doyle	7 March 2022	March 2026

Details of the terms of reference, forthcoming meetings and minutes and agendas can be found here.