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the number and proportion of the trustee board as a whole, with a request to the trustees and
PCS to agree to an amendment to give effect to the proposal.
Post-script: PCS
PCS has a considerable stake in the Scheme. As at 31 December 2015 (the most recent
completed valuation) the PCS Section had assets of £3.33m and liabilities of £3.38m. One
member-nominated trustee is a PCS member, but PCS in its guise as a sponsoring employer
has no formal role in the trusteeship.
On occasion, particularly when the valuation is being conducted or investments are being
considered, the trustees would be assisted by direct contact with PCS.
You could reserve one of the employer-nominated positions for a PCS representative. Or you
and the trustees could formally invite PCS to send an observer to all trustee meetings.