Pensions Reserve Fund (France)

Its mission is to invest monies entrusted to it by the public authorities on behalf of the community with the aim of financing the French pension system.

Its mission as conferred by law is to “manage the sums that are allocated to it, to build up reserves to help ensure the long-term future of eligible retirement plans”.

The Fund is also responsible for the financial management of a portion of the exceptional, one-off, lump-sum contribution owed to the CNAV (Caisse Nationale d'Assurance Vieillesse).

On this basis the FRR determines the general investment policy guidelines consistent with"the principles of prudence and risk diversification given the target timetable for utilisation of the Fund's resources, in particular the above-mentioned payout obligations".In its implementation, the aim of the FRR's investment policy is also to help finance economic actors in general and businesses in particular.

As an administrative public establishment, the FRR is required to select its contractors using the French government procurement process (RFP procedures).