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 Change Contributions Form PM42 Railways Pension Scheme 2015

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our trust's mission is to pay pensions securely affordably and sustainably for around 350,000 members this depends upon attracting the right people effective delegation and robust governance There are 16 trustee directors with significant rail industry experience within the board half are nominated by employers half by members this ensures a really important balance of views and that the needs of all stakeholders in the railways pension schemes are considered each trustee director has a six-year term of office and roughly 13 will retire by rotation every 2 years the trustee put in place a succession planning working group to determine what actions could improve board diversity and support future recruitment there has since been an increase in trustee directors from ethnic minority backgrounds greater age diversity and more female representation including a first female chair the full name of the trustee is the railways pension trustee Company Limited rpcl and it is 100% owned b

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