Excellence in administration

  • ISSA Guidelines:
  • Investment of Social Security Funds

Excellence in administration

  • ISSA Guidelines:
  • Investment of Social Security Funds

Investment of Social Security Funds -
Guideline 25. Prudent person principle

The investing institution follows the prudent person principle in managing the funds of the social security institution.

This principle requires that a person exercises the same care, diligence and skill in discharging his/her duties of office as a reasonably prudent person would exercise in comparable circumstances. The prudent person principle is integral to the fiduciary duties of the board and management in administering and managing the funds of the social security institution.