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Government Employees Pension Law, 1996

Schedule 1 : Rules of the Government Employees Pension Fund

4. Management of the fund

4.2 Employer Trustees


4.2.1 The responsible Minister shall appoint eight persons to act as employer trustees on the Board. An employer trustee may be reappointed at the end of his office subject to rule 4.4.


4.2.2 The responsible Minister shall ensure that at least one of the eight appointed employer trustees have expertise (in the opinion of the Minister) in the following:
(a) financial management and investments; and/or
(b) the management and organisation of pension funds in general.


4.2.3 The responsible Minister shall provide the Fund with the details of the employer trustees they wish to appoint to the Board at least one month prior to the term of office of the Board ending or as soon as reasonably possible after a vacancy, in respect of an employer trustee, has arisen while a Board is in office.