GEPF Governance - Board Committees

Five permanent Board committees ensure the fiduciary effectiveness of the GEPF through the active involvement of Board members in the Fund’s strategic agenda.
The committees respectively deal with

• Benefits and Administration
• Finance and Audit
• Governance and Legal
• Human Resources, and
• Investment matters.

A Remuneration Committee consisting of three trustees, two representatives appointed by the Minister of Finance, and an independent remuneration expert, was constituted to develop a remuneration model for the Board as envisaged in Section 4.1.5 of the GEP Rules. The model was completed in 2006 and reflects the basis and level of Trustee remuneration as transparently disclosed in the GEPF Annual Reports.

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