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Responsibilities

Responsibilities of the Board of Trustees

The Board of Trustees is a body run on a part-time basis and serves as the most senior body of the Pension Fund. In its work, it has to observe the applicable laws, the instructions of the supervisory authority, the deed of foundation, the regulations and the decisions of the Board of Trustees.

The Board of Trustees issues the regulations of the Pension Fund. It defines the organization and the system of contributions and benefits. It also decides on the rules and regulations governing signatures and authority. It can appoint the executive director and the administrator, the auditors and the expert.

More details on the responsibilities of the Board of Trustees are contained in the regulations.