The Swiss Federal Pension Fund PUBLICA is an independent pension institution established under public law. It is organised as a collective institution currently comprising 20 pension plans. PUBLICA advises some 64,000 active members and around 42,000 pension recipients from the Federal Administration, the ETH Domain and other decentralised administrative units as well as around 70 other organisations that are closely associated with the Confederation or fulfil a public task on behalf of the Confederation, a canton or a commune. With total assets currently standing at approximately 40 billion Swiss francs it is one of the largest pension funds in Switzerland. Its highest management and strategic body is the PUBLICA Board of Directors.