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Government Employees Pension Law, 1996

Annexure 1 : Government Employees Pension Law, 1996

10. Report by Board on state of affairs, business and financial position of Fund


(1) The Board of Trustees shall together with its annual financial statements submit to the Minister a report with regard to the state of affairs, the business and the financial position of the Fund and the degree in which the objects of the Fund have been furthered.


(2) Such a report shall in addition—
(a) set out the functions and objects of the Fund;
(b) set out the extent to which the objectives of the Fund for the financial year in question have been achieved;
(c) contain relevant performance information with regard to the economical, efficient and effective application of the resources of the Fund; and
(d) indicate the total amount of all money received from the Government in respect of the financial year in question and contain information of all financial commitments by the Government in favour of the Fund.