governance

Governance arrangements

Tameside Metropolitan Borough Council (TMBC) delegates the day to day running of Greater Manchester Pension Fund (GMPF) to a committee called the Pension Fund Management Panel (referred to as the GMPF Management Panel). Members of this panel are not trustees as such, but they carry out a similar role, and so we often refer to them as trustees. 

The Advisory Panel and the Director of Pensions support the panel. The Management Panel and Advisory Panel meet in tandem four times a year. 

The panel set up three working groups that consider areas of GMPF’s work in more detail and make recommendations. These groups also meet four times a year and focus on:

  • Administration, employer funding and viability
  • Investment monitoring and ESG matters
  • Policy and development

GMPF has a local pension board. This board assists the GMPF Management Panel with compliance matters and helps ensure GMPF’s governance and administration is as effective and efficient as possible. The board maintains a register of interests which is published on an annual basis as part of GMPF’s annual report and accounts.

The Local Board consists of both employer and member representatives with one of the member representatives being a pensioner member. Board members have a term of office that normally lasts between three and six years. If you are a GMPF pensioner and would like to register your interest to become a pensioner member representative when a future vacancy arises, please submit a general enquiry form to us, which you can find on the Contact Us page. In the comments box, please highlight the subject as ‘Registering my interest in becoming a Local Board representative’ and mark it for the attention of the Assistant Director for Funding and Business Development. We will contact you to provide you with more information about what the role involves and then ask you to confirm that you are happy for us to contact you in future when a vacancy arises.

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