Good governance is crucial for managing public pension funds effectively. Factors like clear structures, accountabilities, and policies play a key role. Skilled leaders are needed to make sound decisions and handle pressures. As populations age, pension funds face increasing financial challenges. Transparency and accountability are vital for fund managers to meet pension commitments. The perspectives of senior managers and experts in the field highlight the importance of good governance in pension fund management. Measures have been taken to manage fiscal risks, especially after the financial crisis.