Pension Funds/Opinions/Monitoring committee

Opinion of the Monitoring Committee

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The alteration in the management contract of the clause referring to the form of payment of pensions constitutes a relevant alteration to it for the purpose of issuing an opinion of the monitoring committee, under the terms of article 53, no. 6, paragraph b), of Decree-Law no. 12/2006, of 20 January, taking into account that different risks and/or guarantees are associated with the payment of pensions through the acquisition of insurance contracts or directly by the fund.

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