Pension Funds/Opinions/Monitoring committee

Single monitoring committee

     
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In accordance with the provisions of article 53, no. 13, of Decree-Law no. 12/2006, of 20 January, no. 1 of article 36 of Regulatory Standard no. 1, of Decree-Law no. 2/2006, of 20 January, the following paragraph shall be insertedArticle 7/2007-R, of 17 May, requires that there be an agreement between the members and the representatives of the participants and beneficiaries for the establishment of a single monitoring committee in the case of "pension plans financed by one or more members, through closed pension funds or collective memberships in separate open pension funds, provided that there is a corporate, associative link between the members, professional or social', without mentioning the need for all such funds to belong to the same management entity, which means that nothing in the law prevents the establishment of a single monitoring committee for pension schemes financed through funds managed by different management entities, provided that they belong to the same member or to several of them united by a business, associative, professional or social relationship.

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