Who Runs the Scheme?

The Scheme is governed by a Board of Five Trustees.

Three of the Trustees were appointed by the Working Man’s Union (currently the Union of Democratic Mineworkers). One of these takes the role of Chairman of the Pension Board. The other two Trustees are nominated by the Scheme’s members.

The Chairman of the Pension Board is Jeff Wood. His fellow Union appointed Trustees are Steve Norwood and Crawford Hunter. The Member Appointed Trustees are Jed Clampett and Stuart Trenam. Elections for the post of member nominated Trustees take place every 5 years – Jed and Stuart were reappointed in 2022, the next election will be in 2027.

Trustees are not paid for carrying out their duties, although they can claim expenses (mainly for travel to Board and other meetings). Each Trustee undertakes training in order to carry out their important role of overseeing all the Scheme’s operations, and to ensure their skills and knowledge remain up-to-date.

The Trustees are supported by a Manager who also acts as the Board Secretary. He is a pensions professional with over 30 years’ experience running occupational pension schemes.

The Scheme is run by a dedicated team of Administrators who calculate and pay pensions, deal with all member queries and account for all the Scheme’s income and outgoings. The Scheme’s Contact Details are shown on the “contacts” page of the website.

The Trustees are also supported by professional advisers, giving expert guidance on (amongst other things) investment, funding, accounting, technology and legal matters.