The Board of Directors of the Civil Service Employees Pension Fund (CSEPF) today held its second meeting for 2020 under the chairmanship of Sheikh Khalid bin Omar al-Marhoon, Minister of Civil Service, Deputy Chairman of the CSEPF Board of Directors.

         The meeting viewed the procedures and measures adopted by the Fund while working online in light of coronavirus (Covid-19) pandemic. These procedures and measures enabled the Fund to perform its tasks easily and providing electronic services to beneficiaries.

          The meeting reviewed the results of the actuarial study on the Fund's financial position according to the situation as at the end of December 2019. It also reviewed the performance indicators of the Fund that included cash flows and the status and performance of the Fund's investments according to the situation as at the end of April 2020. The meeting also reviewed the status of completing projects under implementation and reviewing statistical data for retirees and subscribers, as well as the approval of the unaudited financial statements of the Fund for the period ending in March 2020.ONA