The Provident Fund aims to a) insure members of the State Council, the Chancellor or State Chancellor and magistrates of the Court of Auditors who are already in office at the time of entry into force of this law against the economic risks of old age, disability and death related to occupational pension provision in accordance with federal law; b) to pay pensions related to occupational pension provision in accordance with federal law and which are currently being paid to members of the State Council, Chancellors or State Chancellors or magistrates of the Court of Auditors, as well as their surviving spouses, at the time of entry into force of this law. The State of Geneva guarantees the payment of the benefits of the Provident Fund.