The board of Staples Pension Fund Foundation (SPS) consists of eight members. Two members on behalf of future pensioners and four members on behalf of current pensioners. In addition, there are two independent board members.

Since there is no longer an employer and no works council, there are no board members on behalf of the employer or works council since 2024. For detailed information about the board, see the annual report.

The Board of Trustees is independent and decisions have to be made with due regard for the requirements enshrined under law and the interests of all persons involved. For example, it is not therefore possible for the Board of Trustees or the employer to ‘grab cash from the pension pot’. This is set out very clearly in the Netherlands Pensions Act. The Board of Trustees reports to the Accountability Body which consists  of representatives on behalf of former members and pension beneficiaries since November 1, 2024. There is also a Review Committee, which oversees the policy of the Board of Trustees and general matters such as risk management and a balanced weighing of interests. An accountant and an actuary conduct an annual audit, and the Pension Fund is regulated by DNB and the Netherlands Authority for the Financial Markets (AFM).

Article 105 of the Netherlands Pensions Act stipulates suitability requirements for all persons associated with the governance bodies of a pension fund. In addition, every pension fund has a Suitability Plan, which sets out the quality of knowledge, the skills and the decision-making capacity of the members of the Board of Trustees. Part of the Suitability Plan is the Training Plan, which utilises the training possibilities of training institutes that are approved by DNB. The required level of knowledge and skill is checked and evaluated regularly via an independent audit.