The Corporate Trustee
The Trustee arrangements for APS are as follows:
APS is administered by a Corporate Trustee (Airways Pension Scheme Trustee Ltd), made up of eight Trustee Directors.
- Four of the Trustee Directors are appointed by British Airways as Employer Nominated Directors (ENDs).
- Four Trustee Directors are elected by APS members and pensioners as Member Nominated Directors (MNDs).
- Adult Survivors in receipt of a pension cannot seek election but are entitled to support a nomination and to vote in a ballot that relates to a pensioner vacancy or an active and pensioner combined vacancy.
An MND may remain in office for a minimum of five years and a maximum of five and a half years and is eligible for re-appointment (provided that he/she still meets the eligibility criteria for the relevant vacancy).
Nominations for the elected APS MNDs must be supported by at least ten members, pensioner members* or adult survivors in receipt of a pension in the relevant constituency. If there is more than one nomination for a vacancy, a ballot of the relevant members is held and the result is decided on a simple majority of the votes cast.
An elected MND may be removed from office following a ballot in which two-thirds of the votes cast by the members in the relevant constituency are in favour of removal. A ballot may be held on written request to the Trustee by fifty of the relevant members.