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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 26th May 2011

by the Minister for Treasury and Resources

STATES GREFFE

2011   Price code: A  P.83

PROPOSITION

THE STATES are asked to decide whether they are of opinion

to  approve,  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 on 1st July 2011.

MINISTER FOR TREASURY AND RESOURCES

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P.83/2011

REPORT

In 1989 the States set up a Committee of Management for the Public Employees Contributory  Retirement  Scheme  under  the  Public  Employees  (Contributory Retirement Scheme) (General) (Jersey) Regulations 1989 – R&O.7956 (see Revised Edition chapter 16.650.36).

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 as 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 with effect 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.

Financial and manpower implications

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

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P.83/2011