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L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Appointment of Chair: Public Employees Pension Fund Committee of Management and Jersey Teachers' Superannuation Fund Management Board

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

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  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

  • providing a record of decisions and actions that will be available for examination by States Members, and Panels and Committees of the States Assembly; the public, organisations, and the media; and as a historical record and point of reference for the conduct of public affairs

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The Freedom of Information Law (Jersey) Law 2011 is used as a guide when determining what information is be published. While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.

A decison made on 20 March 2024:

Decision Reference:  MD-TR-2024-209

Public

Subject: Appointment of Chair of the PEPF Committee of Management and the JTSF Management Board

 

Report Title: WR - Appointment of Chair of the PEPF Committee of Management and the JTSF Management Board

Public

Decision(s):

The Minister for Treasury and Resources decided to recommend to the Chief Minister the appointment of Mr. Jonathan Gainsford to the position of Chair of the Public Employees Pension Fund (PEPF) Committee of Management and the Jersey Teachers' Superannuation Fund (JTSF) Management Board, for a period of 5 years commencing from 1st July 2024.

Reason for Decision(s):

The current Chair, Mr. Gordon Pollock, is stepping down from both the PEPF Committee of Management and the JTSF Management Board on 30th June 2024.    In accordance with Regulation 3 of the Public Employees (Pension Scheme) (Administration) (Jersey) Regulations 2015 and Article 4 of the Teachers’ Superannuation (Administration) (Jersey) Order 2007 the Chair of the respective Committees is appointed by the Chief Minister on recommendation of the Treasury and Resources Minister.     This recommendation can only be made if it is supported by a majority of member representatives and employer representatives of both committees.  On 29th February 2024, both Committees held a joint meeting in which the appointment of Mr. Gainsford to the position of Chair was supported by a majority of representatives of both committees.

Resource Implications: None

 

Action Required: The Head of Financial Governance to advise the Director of the Finance Hub of the Minister’s decision.

Signature:

 

 

Signed By: Minister for Treasury and Resources

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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