Human Capital and Remuneration Committee Independent Member
Basic Job Information
Job Position: Human Capital and Remuneration Committee Independent Member
Published on: Apr 24, 2026
Vacancy: 5
Employment Type: Contract
Experience: 6-9 years
Work Arrangement: Hybrid (Remote + On-site)
Salary: Market Related
Notes: Reference: OPFA/HCRC/2026/01 The Office of the Pension Funds Adjudicator (OPFA) is established in terms of section 30B of the Pension Funds Act, 24 of 1956 (“The Act”), to dispose of pension fund complaints lodged in terms of the Act in a procedurally fair, economical, and expeditious manner. The Pension Funds Adjudicator is the Accounting Authority of the Office, and has established governance committees, including the Human Capital and Remuneration Committee (HCRC), to support the execution of the Accounting Authority’s responsibilities.
Application Deadline: May 08, 2026
Job Category: Public Service - Government
Job Description
The OPFA is inviting applications from members of the public to serve on the HCRC of the OPFA for a period of three (3) years. The overarching role of the HCRC is to provide oversight of the OPFA’s people and remuneration strategy, ensuring alignment with overall business objectives and promoting long-term value creation and sound governance. Some of the specific responsibilities of the HCRC include:
Human capital and remuneration matters:
- Exercise oversight over the governance and compliance of OPFA’s remuneration practices, philosophy, regulations, and standards.
- Review the organisation’s remuneration framework and terms and conditions to ensure the attraction, retention, and motivation of high‑performing and skilled employees.
- Consider internal and external factors that may influence OPFA’s remuneration pract
Key Responsibilities
Role overview of Members (key responsibilities):
- Prepare adequately for meetings.
- Attend scheduled and special committee meetings.
- Participate actively, objectively and courageously in committee meetings and activities.
- Challenge and interrogate management assumptions and proposals.
- Adhere to the Committee Code of Conduct and other applicable policies of the OPFA.
Requirements & Skills
- A relevant bachelor’s degree.
- A postgraduate degree in social sciences, finance/accounting, business administration, governance, law or administration would be advantageous.
- At least 5 years of executive management, business administration, or governance experience.
- Previous experience serving on a board or committee of a public entity will be an added advantage.
- Membership in a relevant professional body is a minimum requirement. (e.g., Institute of Directors in South Africa, Legal Practice Council, Health Professions Council of South Africa, South African Institute of Chartered Accountants, etc.)
- Knowledge and understanding of the Public Finance Management Act, 1999 (PFMA), Treasury Regulations, the Companies Act, King V principles on corporate governance, and other relevant legislation and regulatory frameworks. <
Benefits
Market related.
