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Public Employees Contributory Retirement Scheme - Committee of Management - appointment of Chairman

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STATES OF JERSEY

PUBLIC EMPLOYEES CONTRIBUTORY RETIREMENT SCHEME: COMMITTEE OF MANAGEMENT APPOINTMENT OF CHAIRMAN

Lodged au Greffe on 13th May 2008

by the Minister for Treasury and Resources

STATES GREFFE

PROPOSITION

THE STATES are asked to decide whether they are of opinion

t o a pprove, in accordance with Regulation 3(6) of the Public Employees (Contributory Retirement

Scheme) (General) (Jersey) Regulations 1989, the appointment of Mr. Ronald Amy O.B.E. as Chairman of the Committee of Management, for a period of 3 years commencing 1st July 2008.

MINISTER FOR TREASURY AND RESOURCES

REPORT

In 1989 the States set up a Committee of Management for the Public Employees Contributory Retirement Scheme (R&O.7956 refers).

The Chairman of the Committee is appointed by the States for a period of 3  years on a recommendation of the Minister for Treasury and Resources. Mr.  R.J.  Amy was appointed by the States in 1990 and has remained a Chairman to date. The Minister for Treasury and Resources is pleased to recommend his name to the States for re- appointment from the expiry of his present term on 30th June this year.

Mr. Amy is a well known and respected figure in the pension industry and is a former Chairman and Chief Executive of Aon Consulting. He is the independent Chairman of Trustees of the Exel Retirement Plan, The Tibbett & Britten Pension Scheme and the Allied Domecq Pension Schemes. Mr. Amy was appointed Chairman of the Jersey Teachers' Superannuation Management Board from 1st April 2007.

He has served as Chairman of the National Association of Pension Funds in the United Kingdom and is a former board member of the Occupational Pensions Regulatory Authority. Mr.  Amy was awarded the O.B.E. in 1998 for services to the pensions industry.

Mr.  Amy has proved a very able and successful Chairman of the Committee of Management whose members have confirmed their wish that Mr.  Amy should continue as Chairman of the Committee. Accordingly, the Minister for Treasury and Resources makes the proposition.

There are no additional financial or manpower implications for the States arising from this proposition.