Pension Funds/Opinions/Monitoring committee

Term of the mandate

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The number 2, of article 35th  of Regulatory Standard no. 7/2007-R of 17 May stipulates that "the members of the monitoring committee shall be appointed or elected for a maximum term of three years, renewable".

In this context, the term "renewable" must be interpreted in the sense that there is no maximum limit to the number of terms of office and that, after their renewal, it is not automatic, so that it is always subject to a new designation or the scrutiny of elections, because another understanding that would not conflict with the effective exercise of the right to freedom of choice by the participants and beneficiaries.

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