Transport for LondonTfL Pension Fund
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The Fund is managed by 18 Trustee Directors (the Trustees).
Role of the Board
- To act in the best interests of the Fund's members and beneficiaries
- To act impartially, prudently and honestly
- To make sure the Fund is administered according to the Trust Deed and Rules of the Fund (PDF 3.43MB)
- To invest the Fund's assets to obtain the best long-term return without putting the Fund at undue risk. Independent specialist investment managers carry out day-to-day investment on the Trustees' behalf
Board nominations
- Nine Trustees are nominated by the principal employer. At least five of the nine must be members of the Fund
- Five Trustees are nominated by the trades unions
- Four Trustees are nominated by members through the TfL Pension Consultative Council, including two who are pensioners or deferred pensioners
The current Board
| Employer nominated | Nominated by | Appointed |
|---|---|---|
|
Stephen Critchley (Chair) |
TfL TfL TfL Tube Lines LUL TfL TfL Metronet TfL |
01 Jul 2002 |
| PCC nominated | Nominated by | Appointed |
| Ian Kierans Chris Miller Paul Murphy Linda Arwood |
TfL Pensioner LUL Actives Pensioner |
24 Mar 2009 24 Mar 2005 12 Jun 2008 02 Oct 2008 |
| Trade union nominated | Nominated by | Appointed |
| Steve Grant Steve Gray Tom Chinnery Patrick Sikorski John Timbrell |
ASLEF TSSA Unite the Union RMT LTJTC |
11 Nov 2000
|
