In the recruitment of new members for the Board of the TNO Pension Fund, diversity is an important factor. To secure diversity policy even further, it was laid down in writing in line with the new Pension Funds Code in late 2024.

The Pension Funds Code sets out principles for good pension fund governance. One of the standards of the Pension Funds Code deals with minimum requirements on board composition. TNO Pension Fund also thinks this is important. Diversity in the composition of pension fund boards ensures that different perspectives are included in considerations, which benefits decision-making. For instance, there should be diversity in sex or gender and there should be both members above and below 40 on the Board of the TNO Pension Fund and the Accountability Committee.

TNO Pension Fund’s diversity policy
TNO Pension Fund has had a sound diversity policy for years and complies with that code. To secure this diversity policy even further, it was laid down in writing in conformity with the Pension Funds Code in late 2024. TNO Pension Fund’s diversity policy is in line with the Pension Federation guidelines and TNO’s diversity policy. For example, it uses the perspectives approach of the Pension Funds Code Monitoring Committee.