Pension fund board meets

MUSCAT: The Board of Directors of the Civil Service Employee Pension Fund (CSEPF) held its third meeting of the year under the chairmanship of Shaikh Khalid bin Omar al Marhoon, Minister of Civil Service, and Deputy Chairman of the Board. A number of issues were reviewed during the meeting, including the approval of the audited financial statements of the Fund and its annexes for the period ended June 30th 2018, and the fund’s performance indicators, which included cash flows and the position of the Fund’s investments.

The meeting also reviewed the position of the projects of the Fund being implemented, including the new fund building located at the airport heights and other projects. The follow-up report on the measures taken to implement the decisions and directives of the board at the previous meeting and other resolutions and recommendations were reviewed, as well as many other issues related to the work of the Fund on the agenda. — ONA