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Accounts and Financial Statements

The CERN Pension Fund is a capitalised fund. It offers a defined benefit plan. This means that the benefits are fixed in relation to the last reference salary. The contributions of members and of employers together with the return on of the investment of assets constitute the capital of the Fund available to pay benefits.

Accounts and Financial Statements
The budget and financial management procedures of the Fund and the Fund’s administrative costs shall be set out in a Regulation.

Financial Regulations