The president represents the National Pension Fund Association and executes its operations. When the president is unable to perform the duties of the office, or when there is a vacancy in the office of president, a person designated in advance by the president from among the directors acts on behalf of, or performs, those duties.
理事長は、連合会を代表し、その業務を執行する。理事長に事故があるとき、又は理事長が欠けたときは、理事のうちから、あらかじめ理事長が指定する者がその職務を代理し、又はその職務を行う。
Operations of the National Pension Fund Association are decided by a majority of the directors, except in the case where the articles otherwise provide, and in the case of a tie vote, the president's decision governs.
連合会の業務は、規約に別段の定めがある場合を除くほか、理事の過半数により決し、可否同数のときは、理事長の決するところによる。
A director may, as provided by the president, assist the president and execute the operations of the National Pension Fund Association concerning the management and investment of the reserve fund.
An auditor audits the operations of the National Pension Fund Association.
監事は、連合会の業務を監査する。
When an auditor finds it necessary based on the results of an audit, the auditor may submit an opinion to the president or the board of councilors.
監事は、監査の結果に基づき、必要があると認めるときは、理事長又は評議員会に意見を提出することができる。
The provisions of Article 126 apply mutatis mutandis to an officer of the National Pension Fund Association and a person who is employed by the National Pension Fund Association and engages in its affairs.