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Sample case

Pension fund puts its administration on a new footing

Since 2013, the Board of Trustees has been grappling with problems of the pension fund’s operational management. It is one of the Board’s chief concerns that the pension fund continue to have a sustainable form of day-to-day administration. In the fund’s 2013 annual report, the Board communicated this in transparent terms to policyholders and decided to form a working group under the pension fund’s Board of Trustees and the supplementary fund to investigate various models for “sustainable administration” in the near future. Following intensive discussion of the working group’s proposals, the Board of Trustees took its decision on the overall approach and model.