Governing committees

PME has four governing committees:

  • The Pension Policy and Communication Committee
  • The Balance Sheet and Asset Management Committee
  • The Audit, Risk and Compliance Committee
  • The Remuneration Committee

The committees are responsible for advising the executive and/or general pension board on their areas of expertise. They also act as a sounding board for the executive pension board and the general pension board on their areas of expertise and monitoring outsourced services.

The committees comprise board members, external independent specialists and internal specialists from the Administrative Office. The work performed by board members who are also committee members is included in the fixed remuneration for board membership. Thus, they do not receive additional remuneration for committee participation.

The Audit, Risk and Compliance Committee also monitors the fund's comprehensive risk management, investment policy and financial disclosure. This is done in preparation for the performance of internal supervision by the non-executive pension board.

Administrative Office

The pension board is supported by an Administrative Office. This office employs various specialists in the fields of pension policy, communication, legal affairs, risk management and socially responsible investment. The Administrative Office advises the pension board on a wide range of relevant topics, monitors administrative processes, provides support at meetings, monitors implementation and maintains everyday contact with the outsourcing partners. Our employee consultants and employer consultants are also employed by PME.