Operations Committee

Deals with budgets, communications, performance reviews and membership statistics matters. The Fund Office refers to the Operations Committee when guidance is required on certain individual cases.

TfL nominated  Non-TfL nominated
Tricia Ashton
Lewis Brown
Jill Collis
Graham Dean
Rachel Kerry
Sean Mobbs
Lilli Matson
Paul Murphy (Chair)

Investment Committee

Covers investment matters concerning equities and bonds, including strategy and the appointment and monitoring of investment managers and the custodian.

TfL nominated  Non-TfL nominated
Mike Binnington (Vice Chair)
Lewis Brown

Lilli Matson
Paul Kilius-Smith
Nigel Pickup Paul Murphy
Steve White John Timbrell (Chair)

Audit Committee

Oversees the Fund's financial affairs, including the external audit, internal controls, accounting policies, corporate governance and risk reviews.

TfL nominated   Non-TfL nominated
Jill Collis (Vice Chair)
Lewis Brown (Chair)
Michael Hurwitz
Graham Dean
Steve White
Stephen Hedley

Actuarial Valuation Committee

Deals with all actuarial matters concerning the Fund.

TfL nominated  Non-TfL nominated
Maria Antoniou (Chair) Stephen Ellaby
Rachel Kerry
Chris Miller (Vice Chair)

Appeals Committee

Deals with the second stage of disputes in accordance with the Fund's Internal Disputes Resolution Procedure.

TfL nominated  Non-TfL nominated
Tricia Ashton
Graham Dean (Chair)
Michael Hurwitz
Stephan Ellaby
Rachel Kerry (Vice Chair)
Paul Kilius-Smith

Alternatives and Liability Hedging Committee

Covers investment matters concerning alternative assets and liability hedging, including strategy, the appointment and monitoring of investment managers and monitoring the overall benchmark for the Fund's portfolio.

TfL nominated Non-TfL nominated
 Mike Binnington (Vice Chair) Paul Murphy
 Nigel Pickup John Timbrell (Chair)