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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