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Pension Fund Advisory Board (PFAB)

The Pension Fund Advisory Board (PFAB) was set up by the CIPM in its decision CIPM/104-33 of 16 October 2015. The PFAB takes over the responsibilities of the CIPM Sub-Committee on the BIPM Pension and Provident Fund and Health Insurance (PF&HI) relating to pensions.

The decision stems from Resolution 3 (2014), On the Pension and Provident Fund of the BIPM, adopted by the CGPM on 20 November 2014.


Terms of reference:

    The Advisory Board advises the CIPM on the long term sustainability of the Fund, and submits advisory opinions to the CIPM, in particular on:

    • the investment policy of the Fund;
    • the Fund's financial statements;
    • the actuarial studies;
    • the Fund's resources;
    • the review and modification of rules and regulations within the remit of the CIPM that are related to the Fund; and
    • any other appropriate task as decided by the CIPM.

    For this purpose, the Advisory Board formulates recommendations to the CIPM when provided for by applicable provisions, upon request by the CIPM or when the Board considers it necessary.

    In addition, the BIPM Director informs the Advisory Board of any development of importance related to the Fund.

Chairperson:

  • Mr Luc Erard

Members:

  • Dr Takashi Usuda  [Member of the CIPM]
  • Mr Thomas Grenon  [Expert]
  • Dr Martin J.T. Milton  [BIPM Director]
  • Dr Gérard Petit  [Staff representative]
  • Ms Sigrid Arlen  [BIPM staff in support]
  • Mrs Céline Fellag Ariouet  [BIPM staff in support]
  • Chair of the CIPM Sub-Committee on Finance

  CIPM: Upcoming meetings
13–14 June 2017: Meeting of CC Presidents
16–20 October 2017: 106th meeting of the CIPM (on 16, 17 and 20 Oct.)
19–21 June 2018: 107th meeting of the CIPM

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