Regulations Rules and Pension Adjustment...

Regulations, Rules andPension Adjustm ent System

of the United N ationsJoi nt Staff Pension F und

United NationsNew York, 2002

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Re gulations, Rules and Pension Adjus tme nt Syste mof the Unite d N ations Joint Staff Pe nsion Fund

CONT ENT S

RE GULAT IONS OF THE UNIT ED NATIONS JOINT ST AF F P ENS ION F UND

Ar ti cle PagePart I. - DE FINITI ONS AND INTERPRE TATION

1. Defi nit ions......................................................................................................................12. Interpr etati on .................................................................................................................3

Part II . - MEMBERS HI P AND ADMINIST RATION

3. Membership....................................................................................................................34. Admi nistrati on of the F und ...........................................................................................45. Unit ed Nat ions Joi nt St aff P ension Boar d.....................................................................46. St af f pension comm it tees ..............................................................................................47. Secr etariat of the Unit ed Nations Joint St af f P ension Boar d .......................................58. Secr etariats of st af f pension comm it tees.......................................................................59. Comm itt ee of Actuari es.................................................................................................5

10. Consult ing Actuary .......................................................................................................511. Adoption of act uar ial bases............................................................................................612. Actuari al valuation of the F und ....................................................................................613. Tr ansfer of pension rights .............................................................................................614. Annual repor t and audit ................................................................................................615. Admi nistrati ve expenses ...............................................................................................716. Term ination of mem bership ..........................................................................................7

Part II I. - ASS ETS AND INVES TMENT

17. Assets of the F und .........................................................................................................718. Pr opert y i n the assets......................................................................................................819. Investm ent of t he asset s ................................................................................................820. Investm ent s Com mit tee ................................................................................................8

Part IV. - P ART ICI PATION, CONTRIBUTORY SERVI CE AND CONT RIBUT IONS

21. Part ici pat ion ..................................................................................................................822. Cont ributory servi ce.......................................................................................................923. Vali dat ion of non-cont ributory servi ce .........................................................................924. Rest oration of pri or contr ibutory servi ce ......................................................................925. Cont ributi ons ................................................................................................................1026. Defi ciency paym ent s ....................................................................................................11

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Part V. - BE NEF ITS

27. Enti tlement to benef its .................................................................................................1128. Reti rem ent benefit ........................................................................................................1129. Earl y r eti rement benef it ...............................................................................................1330. Deferred r et irement benefi t...........................................................................................1431. Wi thdrawal sett lem ent .................................................................................................1432. Deferment of payment or choi ce of benef it .................................................................1433. Di sabil ity benefit ..........................................................................................................1434. Wi dow's benefit .............................................................................................................1535. Wi dower 's benef it .........................................................................................................16

35bi s Divorced survi ving spouse's benef it .............................................................................16 35ter S pouses m ar ried aft er separ ati on..................................................................................17 36. Chil d's benefit ................................................................................................................17

37. Secondary dependant's benefi t .....................................................................................1838. Resi dual set tlement ......................................................................................................1939. Li mi tat ion of enti tl ements duri ng leave wi thout pay ..................................................1940. Ef fect of re-entr y i nto part ici pation..............................................................................20

Part VI . - GE NE RAL PROVISI ONS

41. Medi cal exam ination ....................................................................................................2042. Information from par ticipant s and benef ici ar ies..........................................................2143. Recover y of indebt edness t o the Fund .........................................................................2144. Interest on unpaid benefit s............................................................................................2145. Non-assi gnabil it y of r ights............................................................................................2146. Forf eit ure of benefi ts.....................................................................................................2247. Curr ency .......................................................................................................................2248. Juri sdi cti on of the Uni ted Nati ons Admi nistr ati ve Tr ibunal .......................................22

Part VI I. - AME NDMENT AND ENTRY INTO FORCE

49. Am endment ..................................................................................................................2350. Entr y i nto f orce ............................................................................................................23

Part VI II. - TRANS IT IONAL PROVI SIONS

51. Li mi tat ion on part icipation ...........................................................................................2352. Pr eservati on of enti tlement to ret ir ement benef its........................................................2353. Pr eservati on of ri ghts to voluntar y deposi ts ................................................................24

Part IX. - P ENS IONABLE REMUNERATION

54. Pensionabl e rem uneration ............................................................................................24

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Part X. - SUPPL EME NT ARY ARTI CLE S

A. Part -ti me em ploym ent ..................................................................................................25B. Part ici pation of off ici al s who ar e not st aff members...................................................25C. Tr ansit ional measures i n r espect of final average remunerati on..................................25D. Tr ansit ional measures i n r espect of lum p-sum com mut at ion .....................................26

AP PE NDI CES

A. Gr oss pensionabl e sal ary f or the General S ervice and rel at ed cat egori es....................27B. Scal e of pensionabl e rem uneration f or the P rofessional and hi gher cat egories...........28

C. Scal e of pensionabl e rem uneration f or the F ield Ser vi ce cat egory..............................29

ANNE XES

I. Admi nistrati ve Rul es of the Uni ted Nati ons Joint Staff Pensi on Fund........................31 I I. Rules of P rocedure of t he United Nat ions Joi nt Staff Pensi on Fund...........................45 II I. Pension Adjustm ent S yst em of the Uni ted Nati ons Joint S taf f

Pensi on Fund...............................................................................................................53

NOTE S

A. UNJS PF Emergency F und............................................................................................73

B. Li st of Tr ansf er Agr eements concl uded by the UNJS PF under ar ti cle 13 of t he Regul ati ons.......................................................................................................77

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The Regulati ons of the Uni ted Nati ons Joint Staff Pensi on Fund were adopted by the Unit edNati ons General Assembl y by resoluti on 248 (III ), ef fective 23 January 1949, and have beenamended by the Assembly a number of times si nce then, foll owing recommendati ons by andconsult ati on wi th the Unit ed Nations Joint Staf f P ension B oard.

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REGULATIONS OF THE UNITED NATIO NS JO INT STAF F P ENS IO N F UND

SC OPE A ND PU RPO SE OF THE F UN D

The Uni ted Nati ons Joint Staff Pensi on Fund is a fund establ ished by the General Assembly of the Uni ted Nati ons to provide reti rement, death, disabi lit y and related benefit s for the staff of theUnit ed Nat ions and t he other or ganizati ons admi tted to mem bership in the F und.

PA RT I . D EF INI TIO NS AN D I NTERPRETATION

Ar ti cle 1DEF INITIONS

In t hese Regulations, and in the Adm ini str at ive Rules, unless the cont ext ot herwi se requi res:

(a) "A ct uarial equi val ent" and "equivalent act uarial value" shall mean the equi val ent determi ned accordi ng to the act uar ial t abl es adopt ed by the Board under ar ti cle 11.

(b ) "A dmini strat ive Rules" shall mean the rules m ade by t he Board under arti cl e 4.

(c) "B enefi t" shall include a wit hdr awal set tlement under ar ticle 31, and a residual sett lem ent under arti cl e 38.

(d ) "B oard" shall mean the Unit ed Nat ions Joi nt St aff P ension Boar d.

(e) "Chi ld" shall mean a chil d exi sti ng on the dat e of separati on or death in service of apart ici pant and shal l incl ude the st ep-chil d or adopted chi ld of a par ticipant , and a chi ld in ut eroupon it s bir th; in t he event of uncertaint y as to whether adopt ion has taken pl ace, the matt er shall bedeci ded by t he Board.

(f ) "Commut e" shall mean cause to be convert ed and paid in a lump sum par t or t he whole ofa benef it ot her wise payabl e at per iodic intervals, accordi ng to the act uar ial t abl es of the Fund.

(g) "Dol lars" shall mean dol lar s of the Unit ed St ates of America.

(h ) "F inal average remuneration" shall mean the aver age annual pensionabl e rem unerationof a parti ci pant dur ing:

(i) The thi rty-si x com pleted calendar months of highest pensionabl e rem unerationwi thin the l ast fi ve years of a part ici pants contr ibutory servi ce; or

( ii ) If the contr ibutor y ser vice was less than fi ve years, the thirt y-si x com pleted calendarmont hs of hi ghest pensionabl e rem uneration wit hin the actual peri od of such servi ce; or

( ii i) If the contri butor y ser vice contai ned less than thirt y-si x com pleted calendar months,the act ual number of such months wit hin the contri butor y ser vice; or

( iv) If the contr ibutor y ser vice contai ned no com pleted calendar month, t he act ual peri odof such service.

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(i) "F und" shall mean the Unit ed Nat ions Joi nt St aff P ension F und.

(j ) "General A ssembly" shall mean the General Assembl y of the Unit ed Nat ions.

(k ) "I n pay st at us" shall mean that a part ici pant is entit led to remunerat ion from a memberor ganizati on under t he ter ms of hi s or her appoint ment.

(l ) "I nt erest" shall mean int erest compounded annuall y at the rates specif ied in arti cle 11(c).

(m ) "Member organization" shall mean the Uni ted Nati ons and any special ized agency orot her organi zat ion admi tted to mem bership in the F und i n accordance wit h art icl e 3.

(n ) "Normal ret irement age" shall mean age 60, except that it shall mean age 62 for apart ici pant whose parti cipat ion comm ences or recom mences on or aft er 1 January 1990.

(o) "Own contri butions" shall mean the contri but ions, not exceeding the percentage of hi s orher pensionabl e rem uneration specif ied i n arti cl e 25(a), colum n B, made t o the Fund by or on behalf of a parti ci pant in respect of contr ibutor y ser vice under ar ticle 22, with interest, pr ovi ded that , inrespect of service in a member organization pri or to it s admission t o m ember shi p i n the Fund, whichhas been r ecognized as contr ibutor y, it shal l m ean:

(i) The amount transferr ed on account of the par ticipant fr om the Provident Fund of such member organi zation at the ti me of it s adm ission, wit hout int er est ; or

( ii ) The amount , not exceedi ng 12 per cent of his or her pensionabl e rem uneration,received by the part ici pant from t he Pr ovi dent Fund of such mem ber organizat ion onseparat ion prior to its admi ssi on and repaid to that or ganizati on, uponre-em pl oym ent , for the pur pose of recognit ion of such service as cont ri but ory,wi thout interest.

(p ) "Part ici pant" shall incl ude a former par ticipant .

(q ) "Pensionabl e remuneration" shall mean the rem unerat ion, at it s equi valent in dol lar s, defi ned in arti cle 54.

(r ) "Rest oration" shall mean the inclusion in cont ri but ory service of the pr ior cont ributoryservice of a former par ticipant who again becom es a par ticipant .

(s) "Secondary dependant" shall mean the mot her or father, or an unm arr ied brot her or sist er under the age of twenty-one, who was dependent on the part icipant at the dat e of the parti ci pant’sdeat h in ser vice, or fr om the date of the parti cipant’s separat ion from service to the dat e of thepart ici pant’ s deat h if he or she died after separati on. T he Board shal l prescr ibe in theAdmi nistrati ve Rul es the m eaning of "dependent" for the purpose of t his defi nit ion.

(t ) "Secretary-General " shall mean the S ecret ary-General of t he Uni ted Nati ons.

(u ) "Separat ion" shall mean ceasi ng to be in the servi ce of a mem ber organi zat ion otherwi sethan by deat h.

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(v) "Service" shall mean em ploym ent as a full-ti me member of the staf f of a member or ganizati on.

(w) "Vali dat ion" shall mean the inclusion in cont ri but ory service of a peri od ofnon-cont ributory service which occurr ed pri or to the com mencement of par ticipati on.

Ar ti cle 2INTERPRETATION

The Board shall , to the extent requi red to give ef fect thereto, interpr et these Regulat ions and theAdmi nistrati ve Rul es.

PART II . ME MBE RSHIP AND ADMINI STRAT ION

Ar ti cle 3MEM BERSHIP

(a) The mem ber organizat ions of the Fund, on the date of entry into ef fect of theseRegulat ions, ar e t he United Nat ions and the fol lowing:

European and Medit erranean P lant P rotection Organi zationFood and A griculture Organizati on of the Uni ted Nati onsInternational A tomic Energy AgencyInternational Cent re for Genetic E ngi neeri ng and B iot echnologyInternational Cent re for t he Study of the Preservation and the R estorati on of Cult ural P ropertyInternational Civi l Avi ati on Organizati onInternational F und f or Agricult ural Development International Labour OrganizationInternational M ari ti me OrganizationInternational Seabed Authori tyInternational T elecommunicat ion UnionInternational T ribunal for t he Law of t he SeaUnit ed Nat ions Educational , Sci ent if ic and Cult ural Organi zationUnit ed Nat ions Industri al Devel opment Organi zat ionWorl d Heal th Organizati onWorl d I ntell ect ual P ropert y Organi zationWorl d M eteorological Organizati onWorl d T ourism Organi zat ion

(b ) Membership in the Fund shall be open to the speciali zed agencies ref err ed to in Ar ti cle57, par agr aph 2, of the Char ter of the Uni ted Nati ons and to any other int er nat ional , intergovern-ment al organization whi ch parti cipat es in the comm on system of sal ar ies, all owances and ot herconditi ons of service of t he United Nat ions and the speciali zed agencies.

(c) Admi ssi on to membership in the Fund shall be by deci sion of the General Assembl y,upon the aff irm ati ve recom mendation of the Boar d, af ter acceptance by the or ganizati on concernedof these Regulations and agr eem ent reached with the Board as to the conditi ons which shall gover nit s adm ission.

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Ar ti cle 4ADM INISTRATION OF THE FUND

(a) The Fund shall be administ er ed by the Unit ed Nations Joint Staff Pensi on Board, a st af fpension comm itt ee for each member or ganizati on, and a secr et ari at to the Board and to each suchcomm itt ee.

(b ) The adm ini st rat ion of the Fund shall be in accordance with these Regulations and wit hAdmi nistrati ve Rul es consi st ent ther ewi th which shal l be made by the Board and repor ted to theGeneral Assembl y and the m em ber or ganizati ons.

(c) The Board may appoint a St anding Com mit tee which shall have the power to act onbehalf of the Boar d when it is not in session and may, subject to ar ticle 7, delegat e its power s underthese Regulations to the staff pensi on com mi ttees of the m em ber or ganizati ons.

(d ) The assets of the Fund shall be used solel y for the pur poses of , and in accordance with,these Regulations.

Ar ti cle 5UNITED NATIONS JOINT STAFF PENSION BOARD

(a) The Uni ted Nati ons Joint S taff Pensi on Board shall consist of:

( i) Twel ve mem bers appoi nted by the Unit ed Nat ions Staff Pensi on Commi tt ee, four of whom shall be from the mem bers and alternate members el ect ed by the GeneralAssembl y, four from those appoi nted by the Secr etary-General , and four fr om thoseel ected by t he par ti cipant s in ser vi ce in the Unit ed Nations; and

(i i) Twenty-one mem ber s appointed by the st aff pension comm itt ees of the ot her member organizations in accordance with the Rul es of Pr ocedure of the F und, sevenof whom shal l be from the members and alternate members chosen by the bodi es of the mem ber organizat ions cor respondi ng to the General Assembly, seven from t hoseappoint ed by the chi ef adm inist rat ive offi cers of the member or ganizati ons andseven f rom t hose chosen by t he par ti cipant s in ser vi ce.

(b ) Al ternate members may be appointed by each staf f pension com mit tee.

Ar ti cle 6STAFF PENSION COMMITTEES

(a) The Uni ted Nati ons Staf f Pension Com mit tee shal l consist of four mem ber s and four al ternate members el ect ed by the General Assembly, four members and two al ternate membersappoint ed by the Secret ary-General , and four members and two al ter nat e mem ber s, who shall bepart ici pants in the Fund and on the staff of the Uni ted Nati ons, elected by the part ici pants in servicein t he Uni ted Nati ons by secret ball ot.

(b ) The elected mem ber s and al ternate members of the Uni ted Nati ons St af f PensionComm itt ee shall hold of fice for four years or unti l the el ection of their successors, and they shall beel igibl e for re-el ection; in the event that such an elected mem ber or alternate member ceases to be a

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member of the Comm it tee, another mem ber or alternate member may be elected to hold offi ceduri ng the r emainder of the ter m.

(c) The staff pensi on commi ttees of the other member organi zat ions shall consi st of membersand alt ernat e member s chosen by the body of the or ganizati on corresponding to the Gener alAssembl y, it s chief adm ini st rat ive offi cer , and it s par ticipant s in ser vice, in such a manner that thenumber representing each shall be equal and, in the case of the part ici pants, that the mem bers andal ternate members shall them sel ves be part icipants i n the servi ce of the organi zat ion. Each memberor ganizati on shall m ake rules f or the electi on or appoi ntm ent of the members and alt ernate m embersof i ts staff pensi on commi tt ee.

Ar ti cle 7SECRETARIAT OF THE UNITED NATIONS JOINT STAFF PENSION BOARD

(a) The Chief Execut ive Of fi cer of the Fund and a Deput y shall be appoi nted by theSecr etary- Gener al on the r ecomm endat ion of t he Board.

(b ) The Secret ar y-General shal l appoint such furt her staf f as may be required from tim e toti me by the Board in or der t o give effect to these Regulat ions.

(c) The Chi ef Executi ve Of ficer shall perf orm that funct ion under the authori ty of the Boardand shall certi fy for paym ent all benef its properl y payabl e under these Regulat ions. The Chi efExecuti ve Of ficer shall al so serve as Secr et ary of the Board. In the absence of the Chi ef ExecutiveOf fi cer of t he Fund, the Deputy Chief E xecut ive Of fi cer shal l perf or m t hese functi ons.

Ar ti cle 8SECRETARIATS OF STAFF PENSION COMMITTEES

(a) The secret ar iat of the Board shall serve as the secr etariat of the Unit ed Nations St aff Pension Comm itt ee.

(b ) A secretar y to the staf f pension com mit tee shal l be appointed by the chief admi nistr ati veof fi cer of each ot her m ember or ganizati on on the r ecomm endat ion of t he com mi ttee.

Ar ti cle 9COM MITTEE OF ACTUARIES

(a) A commi ttee consisti ng of fi ve independent actuari es shall be appointed by theSecr etary-General upon the r ecomm endat ion of t he Board.

(b ) The functi on of the com mit tee shal l be to advise the Board on actuar ial questions ar isi ngout of the oper ati on of these Regulations.

Ar ti cl e 10CONSULTING ACTUARY

A consulti ng actuary to the Board shall be appoint ed by the Secret ar y-General upon therecommendati on of the Boar d for the pur pose of provi ding act uar ial services to the F und.

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Ar ti cle 11ADOPTION OF ACTUARIAL BASES

(a) The Boar d shal l, on the advice of the Commi ttee of Act uaries, adopt , and revise whenappr opr iat e, servi ce, mort al ity and other tables and shall deci de upon the rates of int erest to be usedin t he per iodic actuari al valuation of the F und.

(b ) At least once in ever y three years the Boar d shall have an actuarial invest igati on madeinto the ser vice, mortalit y and benefit experience of the parti cipants and beneficiaries of the Fundand shall deter mine whether the actuari al bases of t he Fund should be m odi fi ed.

(c) The rat es of inter est which, wi thout pr ejudi ce to the power of the Boar d to est abl ish ratesunder (a) above for the pur pose of actuarial val uat ion, shall be used in al l cal cul at ions requir ed inconnect ion with these Regulations shall be 2.5 per cent per annum until 31 December 1957, 3 per cent per annum from 1 January 1958 t o 31 Mar ch 1961 and 3. 25 per cent per annum thereaf ter , unt ilchanged by t he Board.

Ar ti cle 12ACTUARIAL VALUATION OF THE FUND

(a) The Board shall have an actuari al valuation made of the Fund at least once every thr eeyear s by t he consult ing actuary.

(b ) The act uar ial report shall stat e the assum pt ions on whi ch the calcul ati ons are based; itshal l descri be the method of valuati on used, and state the r esults, as wel l as the recommendati ons, ifany, for appropriate action.

(c) The Board shall , in the li ght of the repor t, recom mend such act ion to the memberor ganizati ons as it deems desir abl e; the recomm endat ions to the General Assembl y shall betr ansmi tted thr ough the Unit ed Nat ions Advisory Comm itt ee on Administrative and BudgetaryQuestions, which shall also be provi ded wi th a copy of the actuari al repor t.

Ar ti cle 13TRANS FER OF P ENS ION RIGHTS

The Board may, subject to the concur rence of the General Assembly, appr ove agreement s wi thMember States of a member or ganizati on and with intergover nm ent al or ganizati ons, wit h a vi ew tosecuring continuit y of pensi on right s between the gover nment s of such Stat es or or ganizati ons andthe Fund.

Ar ti cle 14ANNUAL REPORT AND AUDIT

(a) The Boar d shal l present to the General Assembl y and to member the organi zat ions, at least once ever y two years, a report , incl uding a balance sheet , on the oper ati on of the Fund, andshal l inform each member organi zat ion of any action taken by the General Assembly upon thereport.

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(b ) Ther e shal l be annual audi ts of the operat ions of the Fund, in a manner agreed bet weenthe Uni ted Nati ons Boar d of Auditors and the Board. An audi t report on the accounts of the Fundshal l be made ever y two year s by the United Nat ions Board of Audit or s; a copy of the audit reportshal l be i ncluded in the r eport under (a) above.

Ar ti cle 15ADM INISTRATIVE EXPENS ES

(a) Expenses i ncurr ed by the Board in the admi ni str ati on of these Regulations shall be m et bythe Fund.

(b ) Bi ennial estim ates of the expenses to be incur red under (a) above shall be subm itt ed tothe General Assembly for approval during the year im mediat el y preceding the bienni um to whichthe sai d est imates r elate. Supplementary estim ates may si mi lar ly be submi tt ed in the first and/or t hesecond year of the biennium to whi ch the budget relates.

(c) Expenses incurr ed in the adm ini str at ion of these Regulations by a member organi zat ionshal l be m et by that or ganizati on.

Ar ti cle 16TERMINATION OF M EMBERSHIP

(a) Membership in the Fund may be term inated by deci si on of the General Assembly, uponthe aff irm at ive recommendati on of the Boar d, followi ng appli cat ion for ter mi nat ion by a memberor ganizati on or cont inued default by a mem ber organi zat ion in its obligati ons under theseRegulat ions.

(b ) In t he event of such termi nation, a propor ti onate share of t he tot al asset s of the F und at t hedate of term ination shall be paid to the for mer member organization for the exclusive benefi t of itsst af f who were par ti cipant s in the Fund on such date, pursuant to an ar rangement mut ual ly agreedbetween such or ganizati on and t he Board.

(c) The am ount of the propor tionat e share shall be determi ned by the Board after an act uar ialvaluati on of the assets and liabil it ies of the Fund on the date of t erm inati on, pr ovided t hat no par t ofthe assets which are in excess of the l iabil iti es shall be i ncl uded in such share.

PA RT I I I . A SSE TS AN D I NVE STMEN T

Ar ti cle 17ASS ETS OF THE FUND

The assets of t he Fund shall be deri ved fr om :

(a) The contri butions of the par ticipant s;(b ) The contri butions of the m em ber or ganizati ons;(c) The yield fr om the i nvestm ents of the F und;(d ) Defi ciency paym ent s, if any, under arti cle 26; and(e) Receipt s f rom any ot her sour ce.

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Ar ti cle 18PROPERTY IN THE ASS ETS

The assets shal l be the pr opert y of the Fund and shall be acqui red, deposi ted and held in thename of the Uni ted Nati ons, separately from the assets of the Unit ed Nations, on behalf of thepart ici pants and benefi ciari es of the F und.

Ar ti cle 19INVES TMENT OF THE ASS ETS

(a) The investm ent of the asset s of the Fund shall be deci ded upon by the Secretar y-General af ter consul tat ion with an Investm ents Com mi ttee and in the light of obser vations and suggestionsmade fr om ti me to ti me by the Boar d on the i nvestm ents pol icy.

(b ) The Secret ar y-General shal l arrange for the maintenance of detai led accounts of al linvestm ent s and ot her transacti ons relating to the Fund, whi ch shall be open to exam ination by theBoar d.

Ar ti cle 20INVES TMENTS COM MITTEE

The Invest ments Comm itt ee shall consist of nine members appoint ed by the Secret ary-General af ter consul tat ion with the Board and the Advisory Comm itt ee on Admi nistrati ve and BudgetaryQuestions, subj ect t o conf ir mat ion by t he Gener al Assem bly.

PA RT IV . PA RTI CIPATION , C ON TRI BUTOR Y SERV IC E A NDCO NTRIB UTI ON S

Ar ti cle 21Part ici pat ion

(a) Ever y full -ti me member of the staf f of each mem ber or ganizati on shall become apart ici pant in the F und:

( i) Upon commencing em pl oym ent under an appoi nt ment for si x months or longer or upon accepti ng such an appoi ntm ent whil e i n employment; or ,

(i i) Upon compl et ing, i n the same or more than one m ember or ganizati on, six months ofservice wi thout an i nterrupt ion of m ore than thirt y days,

whichever is earli er , provided that par ticipati on is not expressly excl uded by the term s of staffmember’ s appointment .

(b ) Part ici pat ion shal l cease when the organizat ion by which the parti ci pant is employedceases to be a mem ber organi zat ion, or when he or she dies or separates fr om such memberor ganizati on, except that parti cipat ion shal l not be deemed to have ceased wher e a part ici pantresumes cont ributory servi ce wi th a mem ber organizat ion wi thin 36 months aft er separ ati on wi thouta benef it having been paid.

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Ar ti cl e 22CONTRIBUTORY SERVICE

(a) Cont ributory servi ce shall accr ue to a par ti cipant in pay st atus from the date ofcomm encement to the dat e of cessat ion of par ticipati on. F or the pur poses of ar ticles 28(b ) and (c)and 29(b ), separ ate peri ods of cont ri but ory service shal l be aggregat ed except that in suchaggr egation no account shall be taken of per iods of ser vice in respect of which a wi thdrawal sett lem ent was pai d and which were not subsequentl y restor ed.

(b ) Cont ributory servi ce may accrue in respect of leave wi thout pay if contri but ions arereceived by the Fund in accordance with ar ti cle 25(b ).

(c) Addi tional cont ribut ory service may accrue to a part ici pant if pri or servi ce is vali dat ed or rest ored in accordance wit h art icl e 23 or 24, or if ser vice in a mem ber or ganizati on pr ior to itsadmi ssi on to membership has been r ecognized as contr ibutor y.

Ar ti cle 23VALIDATION OF NON-CONTRIBUTORY SERVICE

(a) A parti cipant may el ect , wit hin one year of the comm encement of part ici pat ion, tovali dat e pri or ser vi ce dur ing which he or she was not eligible under these Regulat ions for part ici pat ion, provi ded that (i) part ici pation succeeded the ending of such service within two years, (i i) the ser vice was the most recent pr ior to part icipation and had not been inter rupted by a break ofmore than one year , (ii i) parti cipat ion had not , dur ing such servi ce, been expr essly excluded by theterm s of appointment , and (i v) the t otalit y of the peri od open to validati on is el ected.

(b ) A benef ici ar y of the parti ci pant under these Regul ati ons, other than the reci pient of aresi dual set tlement, may, if the par ticipant di ed befor e the expir y of the peri od wi thi n whi ch theel ection may be made under (a) above, make the electi on on the par ticipant ’s behal f within suchperi od.

(c) Vali dat ion shal l be subject to recei pt by the Fund of cont ri but ions in accor dance wi thar ti cle 25(c).

Ar ti cle 24RES TORATION OF P RIOR CONTRIBUTORY S ERVICE

(a) A parti cipant re-entering the Fund af ter 1 January 1983 may, wit hin one year of there-comm encement of par ticipati on, elect to restor e his or her pri or contr ibutory servi ce, providedthat on separat ion the par ti cipant became entit led to a wi thdrawal sett lem ent under art icl e 31(b )(i) ,and provided further that the service was the m ost r ecent pr ior to t he re-entr y.

(b ) Notwithstanding the provisions of (a) above, if the recipient or for mer reci pient of adi sabil ity benefit agai n becomes a part ici pant in pay stat us, the contr ibutory ser vi ce, for whi ch thepart ici pant has not received a benef it, pr ecedi ng the comm encem ent of the di sabili ty benef it , shal lbe r est ored.

(c) A benef ici ar y of the parti ci pant may make the electi on under (a) above, under the sameconditi ons as a beneficiar y under ar ticle 23(b ).

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(d ) Rest oration under (a) above shall be subj ect to receipt by the Fund of contr ibuti ons inaccordance with ar ti cle 25(d ).

Ar ti cle 25CONTRIBUTIONS

(a) Cont ributi ons by the parti ci pant and by the employing member or ganizati on shall bepayable to the Fund concur rentl y wit h the accrual of contr ibutory servi ce under ar ti cle 22(a) at thepercent age r ates of pensionabl e rem uneration specif ied below:

A

For per iod s of con tr ibu tory service

B

Part ici pan t( percen t ag e)

CEm pl oyi ng

memb er organ izati on ( percen t ag e)

Before 1984 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . As f rom 1 January 1984 to 30 June 1988 . . . . . . . . .As f rom 1 July 1988 to 30 June 1989 . . . . . . . . . . . . As f rom 1 July 1989 to 31 Decem ber 1989 . . . . . . . .As f rom 1 January 1990 . . . . . . . . . . . . . . . . . . . . . . .

7. 007. 257. 407. 507. 90

14.0014.5014.8015.0015.80

(b ) ( i) Cont ributi ons for the purpose of art icl e 22(b ) in respect of a per iod of leave wit houtpay shall be at a percentage rate of the pensionabl e rem uneration of the part ici pantequal to the appli cable rates specif ied in (a) above as payable by the par ticipant andby the employing mem ber or ganizati on, combined. S uch cont ri but ions shall bepayable concurr ent ly wi th such leave, by the parti ci pant in ful l or by theor ganizati on in full , or i n par t by the part ici pant and in part by t he organization;

(i i) Notwithstanding the provisions of (i) above, payments i n r espect of a peri od of leavewi thout pay dur ing which a disabil it y benefi t was being paid under arti cle 33 m ay bemade, but only on the cessat ion of enti tlement thereto, or within 12 months of theresumpt ion of pay st atus by the part ici pant.

(c) Cont ributi ons f or the purpose of val idation under ar ticle 23 shall be payabl e, wit h int erest ,by the par ti cipant and the organizat ion in the amounts whi ch would have been payable respect ivelyby each had ser vice dur ing t he per iod been cont ribut ory.

(d ) Cont ributi ons for the purpose of restor ati on under arti cle 24(a) shall consi st of thewi thdrawal sett lem ent received by the part icipant in respect of the previous parti ci pat ion, together wi th the ref und, if any, received by the employing member or ganizati on in respect of suchpart ici pat ion under art icl e 26 of the Regulations in force on 31 December 1982, wi th inter est from the dat e of payment of the benefit or r efund.

(e) In any case in whi ch a per iod of contri but or y service accr ues, or is deemed to accrue, to apart ici pant otherwise than in accordance wit h arti cl e 22, contr ibuti ons shal l be payabl e, wi thinterest, by the par ticipant in the amount which would have been payabl e had servi ce during suchperi od been contri butor y, and by the or ganizati on in an am ount suf fi cient to meet any addi ti onalobli gat ions to be borne by t he Fund result ing t her ef rom .

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Ar ti cle 26DEF ICIENCY PAYMENTS

(a) In the event that an actuari al val uation of the Fund shows that it s assets may not besuff ici ent to meet its liabi lit ies under these Regul ati ons, there shall be paid into the Fund by eachmember organization the sum necessar y t o m ake good t he def iciency.

(b ) Each member organi zation shall, subj ect to (c) bel ow, cont ribute to this sum an am ountpr oport ionat e to the total cont ribut ions whi ch each pai d under art icle 25 during the three year spr ecedi ng the valuat ion date.

(c) The cont ributi on of an organizat ion admi tted to mem ber ship less than t hr ee years pr ior tothe val uat ion date shal l be det erm ined by the Boar d.

PA RT V. B EN EFI TS

Ar ti cle 27ENTITLEM ENT TO BENEFITS

(a) A parti cipant who is not eli gible for a reti rem ent benefi t under ar ticle 28 or a di sabili tybenefit under arti cl e 33 may el ect on separation to receive an ear ly retir em ent benefit or a defer redreti rem ent benefit or a wi thdrawal sett lem ent if he or she sati sfi es the condit ions of art icle 29, 30 or31 r espect ively.

(b ) Reti rem ent , ear ly retir ement and def err ed retir ement benef it s shal l be payable at periodicintervals for l ife.

Ar ti cle 28RETIREMENT BENEF IT

(a) A retir ement benef it shall be payabl e to a part ici pant whose age on separati on is thenorm al ret ir ement age or m or e and whose cont ributory servi ce was f ive year s or longer.

(b ) The benefi t shall, subj ect to (d ), (e) and (f ) bel ow, in respect of any period or per iods ofpart ici pat ion comm encing on or aft er 1 January 1983, be payable at the standard rate obtai ned bymult ipl ying:

(i) The fir st fi ve years of the par ticipant 's contr ibutory ser vi ce, by 1.5 per cent of thefi nal aver age r emunerat ion;

( ii ) The next five year s of contr ibutor y ser vice, by 1. 75 per cent of the fi nal aver ageremuner ati on;

(i ii ) The next 25 years of contr ibutory servi ce, by 2 per cent of the fi nal aver ageremuner ati on; and

(i v) The years of contr ibutory service in excess of 35 and perf or med as f rom 1 July 1995, by 1 per cent of the fi nal aver age remuner at ion, subject to a maxi mum totalaccumul ati on rate of 70 per cent.

However , in respect of a par ticipant wi th a pri or period of contri butor y ser vice of five years orlonger ending between 1 January 1978 and 31 December 1982, the standard annual rat e specif ied

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above shal l be cal culat ed by taking int o account as per iods of contr ibutor y ser vice for the pur pose ofsubparagraphs ( i) , (ii ) and (i ii) above t he period of contr ibutor y ser vice bef ore 1 January 1983.

(c) The benefi t shall, subj ect t o (d ), (e) and (f ) bel ow, in r espect of any period of par ticipati oncomm encing prior to 1 Januar y 1983, be payable at the standard annual rate obtained bymult ipl ying:

(i) The fir st 30 years of the parti cipant's cont ributory servi ce, by 2 per cent of the finalaver age remuner ati on;

( ii ) The years of cont ributory servi ce in excess of 30, but not exceeding fi ve, by 1 percent of the final average remunerati on; and

(i ii ) The years of contr ibutory service in excess of 35 and perf or med as f rom 1 July 1995by 1 per cent of the fi nal aver age remuner at ion, subject to a maxi mum totalaccumul ati on rate of 70 per cent.

(d ) (i) However , except as provided in (ii ) bel ow, the benef it other wise payabl e at thest andar d annual rate in accordance with the applicable provi sions of (b ) or (c) aboveto a parti ci pant at a level above D- 2, top step, of the scal e of pensionabl eremuner ati on indicat ed in ar ticle 54 (see appendix B below), shall not exceed, as at the tim e of the part ici pant's separation, the greater of:(A) 60 per cent of the part ici pant's pensionabl e rem uneration on the date of separat ion; or(B) The maximum benefi t payabl e under the provisions of (b ) or (c) above to a part ici pant at the level D-2 (t op st ep for the preceding five year s) separ at ing on thesame date as the par ticipant ;

(i i) However , for a par ti cipant separat ing at the level of Under-Secr etary-General ,Assi stant Secretar y-General or thei r equivalent level, to whom the provi sions of (i) above are appli cable, t he benef it payable shall not be less than t he benef it that wouldhave been payable at the standard annual rat e if the parti ci pant had separ at ed fromservice on 31 March 1986; for part icipants separat ing at other level s above D-2, topst ep, in the scale of pensionabl e rem uneration in appendix B bel ow, to whom thepr ovisi ons of (i) above are appli cable, the benef it payable shall not be less than thebenefit that would have been payable at the standard annual rat e if the part ici panthad separated from service on 31 Mar ch 1993; for par ticipant s who enter ed or re-entered the Fund at an ungr aded level bef or e 1 Apri l 1993, the pr ovisi ons of (i) above shal l not be appl icabl e.

(e) The benefi t shall however be payable at the minimum annual rate which is obt ained bymult ipl ying the year s of the parti ci pant's cont ribut ory service, not exceedi ng 10, by the sm all er of 180 dol lar s [increased to 773.34 dol lar s under the UNJS PF Pensi on Adjustment System, ef fecti ve 1Apri l 2001] or 1/30 of the final average rem unerat ion, if the benefi t so cal cul ated would be gr eat er than the amount under (b ) or (c) above.

(f ) The annual rate of the benef it shall never theless not be less, when no other benef it ispayable on account of the parti cipant under these Regul ati ons, than the sm al ler of 300 dol lars[i ncreased to 1,229. 64 dol lars under the UNJSPF Pension Adjustm ent Syst em, effecti ve 1 Apr il 2001] or t he fi nal aver age r emuner at ion of t he par ti cipant .

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(g) A benef it payable at the standard annual rat e may be commuted by the parti ci pant int o alump sum subject t o the foll owi ng li mit ati ons and to suppl em ent ary arti cle D, wher e applicable:

(i) If the rat e is 300 doll ars or more, the am ount of the lump sum may not exceed thesm al ler of :(A) The act uar ial equi valent of one thir d of t he benef it ; or(B) The act uar ial equi valent of one thir d of the maxim um benef it that would bepayable to a parti ci pant ret iri ng at the nor mal reti rem ent age, on t he sam e dat e as thepart ici pant, wi th a final average remunerati on equal to the pensionabl e rem unerationon that date for the top step of level P-5 on the scale of pensionabl e rem uneration inappendi x B below;

( ii ) Nevertheless, if the am ount cal cul at ed under (i) above is less than the am ount of thepart ici pant's own contr ibuti ons, then the benef it may be com mut ed to the ext ent of the lat ter amount;

(i ii ) If the rat e is less than 300 dollars, the benef it may be com mut ed to the ext ent of itsfull actuari al equivalent; if a part ici pant is mar ri ed, the prospect ive benefit payableto his or her spouse may also be com mut ed at the standard annual rat e of suchbenefit .

(h ) A benef it payable at the minimum rat e under (e) or (f ) of thi s art icl e may be comm utedinto a lum p sum as in (g) above, if the par ti cipant elects to recei ve it inst ead at the standard annualrate.

Ar ti cle 29EARLY RETIREM ENT BENEFIT

(a) An earl y ret irement benefi t shall be payable to a parti ci pant whose age on separation is atleast 55 but less than the norm al retir ement age and whose cont ribut ory service was five years orlonger.

(b ) The benefi t shall be payable at the standard annual rat e for a ret ir ement benef it, reducedfor each year or par t ther eof by whi ch the age of the part icipant on separ at ion was less than thenorm al ret ir ement age, at the r ate of 6 per cent a year , except that :

(i) If the contr ibutor y ser vice of the part ici pant was 25 year s or longer but less than 30year s, reduced by 2 per cent a year in respect of the peri od of cont ributory servi ceperf orm ed befor e 1 January 1985, and 3 per cent a year in respect of the per iod of such servi ce perform ed as fr om 1 Januar y 1985; or

( ii ) If t he contr ibutory service of t he parti cipant was 30 years or longer, reduced by 1 percent a year;

pr ovided however t hat t he rate in (i) or ( ii) above shall apply to no m ore than fi ve years.

(c) The benefit may be com muted by the par ti cipant into a lump sum to the extent specif iedin arti cle 28(g) f or a ret ir ement benef it.

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Ar ti cle 30DEF ERRED RETIREM ENT BENEFIT

(a) A defer red reti rem ent benefi t shal l be payable to a par ticipant whose age on separ at ion isless than the norm al retir em ent age and whose cont ri but ory service was five years or longer.

(b ) The benefi t shall be payable at the standard annual rat e for a ret ir ement benef it and shal lcomm ence at the norm al ret ir ement age, or, if the parti cipant so elects, at any age not less than 55,pr ovided t hat in such event it shall be reduced in the sam e manner and under the sam e condit ions asspecifi ed in ar ticle 29(b ).

(c) The benefit may be com muted by t he par ti cipant i nto a lump sum i f t he rate of the benefi tat the nor mal reti rement age is less than 300 doll ar s. Such com mut at ion shal l be equivalent to thefull actuari al val ue of the benefi t.

Ar ti cle 31WITHDRAWAL SETTLEMENT

(a) A wi thdrawal settl em ent shal l be payabl e to a part icipant whose age on separ ati on is lessthan the nor mal reti rem ent age, or if the parti cipant is the normal ret irement age or more onseparat ion but is not enti tl ed to a ret irement benef it.

(b ) The set tlement shall consi st of :

(i) The par ticipant ’s own cont ri but ions, if the contri butor y ser vice of the part ici pant wasless than fi ve years; or

( ii ) The par ticipant ’s own cont ri but ions increased by 10 per cent for each year in excessof five up to a maxi mum of 100 per cent , if the cont ributory servi ce of thepart ici pant was more than fi ve years.

Ar ti cle 32DEF ERMENT OF PAYMENT OR CHOICE OF BENEFIT

(a) The payment to a par ticipant of a wi thdrawal settl em ent , or the exer cise by a part icipantof a choice among avail abl e benefi ts, or bet ween a form of benefit involvi ng payment in a lumpsum and anot her form , m ay be defer red at t he parti ci pant’s r equest f or a per iod of 36 m ont hs.

(b ) A parti cipant who defer red a choice under (a) above shall , if the choice is not madewi thin the peri od, be deem ed to have chosen a deferr ed ret ir ement benef it if hi s or her age onseparat ion was less than the normal ret irement age, and in any event a for m of benef it not payable i na lump sum .

Ar ti cle 33DIS ABILITY BENEF IT

(a) A di sabili ty benef it shall , subject to art icle 41, be payabl e t o a part ici pant who i s f ound bythe Board to be incapacitated for further servi ce in a mem ber organi zat ion reasonabl y compat ibl ewi th hi s or her abil iti es, due to injur y or ill ness consti tuting an impair ment to healt h whi ch is li kel yto be perm anent or of l ong duration.

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(b ) The benefi t shall commence on separation or, if earl ier, on t he expirati on of the pai d l eavedue to the part ici pant and shal l continue for as long as the parti ci pant rem ains incapacit at ed, pr ovided t hat after age 55 i ncapacit y shal l be deemed t o be per manent.

(c) The benefi t shall, if the age of the parti ci pant on ent it lem ent is the normal ret irement ageor more, be payabl e at the standar d or the mini mum annual rate for a retir em ent benefit as the casemay be; if the age of the parti cipant is less than the nor mal reti rement age, the benef it shall bepayable at the rat e of the reti rem ent benefi t which would have been payabl e had the par ticipant remained in ser vice unt il the norm al retir em ent age and had the fi nal aver age remunerat ionremained unchanged.

(d ) The annual rate of t he benef it shall , notwit hst anding (c) above, not be less, when no ot her benefit is payable on account of the parti ci pant under these Regul at ions, than the smal ler of 500doll ars [i ncreased to 2,047. 92 dol lars under the UNJSPF Pension Adjustm ent Syst em, effecti ve 1Apri l 2001] or the f inal average r em unerat ion of t he parti ci pant.

(e) A benef it which is discont inued shal l, if a par ticipant who has been separ at ed does not upon such di sconti nuance again becom e a part ici pant, be convert ed at hi s or her opti on to a def err edreti rem ent benefit or a wi thdrawal sett lem ent, cal culat ed as at the dat e of com mencement of thedi sabil ity benefit .

(f ) The Board may prescr ibe the ext ent to which and the cir cum st ances in which a di sabil itybenefit may be reduced when the beneficiar y, al though remaining incapacitated within the meaningof t his ar ti cle, i s nevert heless i n pai d employment.

Ar ti cle 34WIDOW'S BENEF IT

(a) A wi dow's benef it shall , subject t o art icl e 41 and t o (b ) bel ow, be payable t o t he survi vingfemale spouse of a part ici pant who was ent it led to a retir em ent , ear ly ret ir ement, deferred ret irementor disabil it y benefi t at the date of hi s death, or who died in ser vi ce, if she was marr ied to him at thedate of hi s death in servi ce or , if he was separat ed pr ior to his death, she was mar ried to him at thedate of separat ion and rem ai ned marr ied to him unt il hi s death.

(b ) A benef it shall nevertheless not be payabl e if the part ici pant had comm uted his wi dow'spr ospective benefi t under ar ticle 28 or 29.

(c) The benefi t shall, if the parti cipant died in service or dur ing enti tlement to a ret irement, earl y reti rement or disabi li ty benef it, be payable at the st andard annual rate of half the reti rem ent ordi sabil ity benefit which would have been payabl e to the part ici pant had he become entit led ther etoat the dat e of his deat h, or of half of hi s ret irement, earl y reti rement or disabi li ty benef it includingsuch part thereof as may have been comm uted, as the case may be, provided that the rate shal l notbe l ess than the smaller of:

(i) 750 dol lar s [increased to 3, 223.56 doll ars under the UNJSP F Pension Adj ust mentSyst em, ef fecti ve 1 Apr il 2001] or

( ii ) Twice t he st andard annual rate above.

(d ) The annual rate of t he benef it shall , notwit hst anding (c) above, not be less, when no ot her benefit is payable on account of the parti ci pant under these Regul at ions, than the smal ler of 500

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doll ars [i ncreased to 2,047. 92 dol lars under the UNJSPF Pension Adjustm ent Syst em, effecti ve 1Apri l 2001] or the f inal average r em unerat ion of t he parti ci pant.

(e) The benefit shal l, if the par ticipant di ed af ter the com mencement of a deferr ed ret ir ementbenefit which had not been comm uted under ar ticle 30(c), be payable at half the annual rate of suchbenefit and, if he died before its comm encem ent , at the rate of half the act uar ial equi val ent at thedate of deat h of t he annual rat e of the benefit at t he nor mal r eti rement age.

(f ) The benefi t shall be payable at peri odi c int ervals for lif e, pr ovi ded that a benef it payableat an annual rate of less than 200 doll ars may be commuted by the wi dow into a lum p sum which isthe act uar ial equi valent of the benefit at the standard annual rat e under (c) above, or the annual rateunder (e) above, as t he case may be.

(g) The benefi t shall, wher e there is more than one survivi ng spouse, be divi ded equallybetween the spouses, and upon the death of each such spouse shall be equal ly di vided am ong theremainder.

(h ) Notwithstanding the provisions of (a) and (f ) above, wi th respect to a survi ving spousewho had remarri ed pr ior to 1 April 1999 the benefi t under (a) above shall be payable as from 1January 2001, subj ect to recovery (with interest) of the lum p sum payment that had been made tothat survi vi ng spouse upon r emarri age, as pr ovi ded i n t he Regul ati ons t hen i n effect .

Ar ti cle 35WIDOWER'S BENEF IT

A wi dower's benefi t, at the rat es and under the conditi ons appl icabl e in art icl e 34 to a widow'sbenefit , shall be payable to the sur viving m ale spouse of a par ticipant .

Ar ti cle 35 bi sDIVORCED SURVIVING SP OUS E'S BENEF IT

(a) Any divorced spouse of a part icipant or former par ticipant , separated on or aft er 1 Apr il1999, who was enti tl ed to a ret irement, earl y reti rement, defer red reti rem ent or disabi lit y benefi t, or of a parti ci pant who di ed in servi ce on or after that date, may, subject to the pr ovisi ons of arti cl e34(b ) (appli cable al so to wi dower s), request a former spouse's benef it, if the condi tions speci fi ed inparagraph (b ) bel ow are f ulf ill ed.

(b ) Subj ect to paragraph (d ) bel ow, the divorced spouse is ent it led to the benef it set out inparagraph (c) bel ow, payable pr ospectivel y f oll owing receipt of t he request for a di vor ced survivingspouse's benefi t, if , in the opini on of the Chi ef Executive Off icer of the Fund, all of the fol lowingconditi ons are ful fi lled:

(i) The par ticipant had been marr ied to the former spouse for a cont inuous per iod of atleast ten years, dur ing which cont ri but ions wer e pai d to the Fund on account of thepart ici pant or the part ici pant was awar ded a di sabil ity benefit under arti cl e 33 of theRegulat ions;

( ii ) The for mer spouse had not remar ried;(i ii ) The par ticipant 's death occurred wit hin 15 year s of the date when the divorce

became final , unless the for mer spouse proves that at the ti me of death thepart ici pant was under a legal obli gation t o pay maintenance to the f orm er spouse;

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(i v) The for mer spouse has r eached t he age of 40. Ot her wi se the benefit enti tlement shall comm ence on the day imm edi at ely foll owi ng the day that age i s r eached; and

( v) Evidence is provided by the for mer spouse that the part icipant's pension enti tlementfr om the F und was not t aken int o account i n a divorce sett lement.

(c) A former spouse who, in the opi nion of the Chief Execut ive Offi cer , has met theconditi ons set out i n paragr aph (b ) above shall be enti tled t o the wi dow's or widower 's benef it under ar ti cle 34 or 35 as the case may be; however , i f the parti ci pant is sur vived by both one or mor e suchform er spouses and/or by a spouse entit led to a benefit under arti cl e 34 or 35, the benefi t payabl eunder arti cl e 34 or 35 shall be di vi ded between the spouse and for mer spouse(s) in proport ion t o theduration of their marri ages to the part ici pant.

(d ) Ar ti cle 34(f ) and (g) shall apply mutatis mutandi s.

(e) The divorced spouse of a for mer part ici pant who separat ed befor e 1 Apri l 1999 and, inthe opi nion of the Chief Execut ive Offi cer , met al l the ot her eligibili ty condi tions in paragraphs (a)and (b ) above shall be enti tled as from 1 Apri l 1999 to a benefit equal to twi ce the mini mumsurvivi ng spouse's benefit under art icl e 34(c), subject to the proviso that the am ount of such benefi tcannot exceed t he am ount payabl e t o a surviving spouse of the f orm er parti ci pant.

Ar ti cle 35 terSPOUS ES MARRIED AFTER SEPARATION

(a) A former par ticipant recei vi ng a per iodic benef it may elect to provide a peri odi c benefi tfor lif e in a specif ied am ount (subj ect to paragraph (b ) bel ow) to a spouse who was not marr ied tohi m or her at the date of separ ati on. Such election shall be made wi thi n 180 days of the dat e ofmarr iage or of the entr y int o force of thi s provision, if later , and shall become ef fective one year af ter the date of marri age, or one year af ter the date of entry into force of this provisi on, asappr opr iat e. The benefi t shall be payable as of the fir st day of the month foll owi ng the death of theform er par ti cipant . When the el ect ion becomes effect ive, the benef it payable to the for mer part ici pant shall be reduced in accordance with actuari al factors to be determi ned by the Fund'sConsult ing Actuary. An elect ion under this subsect ion may not be revoked aft er it becom esef fecti ve, except by the death of the spouse, in whi ch case it wil l be consi der ed termi nat ed as fr om that date.

(b ) Any electi on made under paragraph (a) shall be subject to the f ol lowing:

(i) The amount of the periodic benef it payable to the for mer part ici pant, af ter reducti onowing t o electi ons m ade pursuant t o par agr aph (a) above, shal l be at least one half ofthe benefi t that would have been payabl e wit hout any such el ect ions; and

( ii ) The amount of the benef it payable to the spouse shal l not be larger than the am ountof t he benef it payable to the r eti red part icipant af ter reducti on for t he el ect ions.

Ar ti cle 36CHILD'S BENEF IT

(a) A child's benef it shall , subject to (b ) and (c) bel ow, be payable to each chil d of apart ici pant who is enti tled to a ret irement, early reti rem ent or disabi lit y benefi t or who has died inservice, whi le the chil d r em ains unm arr ied and under the age of 21.

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(b ) A benef it shall be payable to a chil d who is over the age of 21 if the chi ld is found by theBoar d t o have been i ncapacit ated by ill ness or inj ur y f or subst ant ial gainful empl oyment:

(i) On r eaching the age of 21, i f i mmedi ately pr ior ther eto a child's benef it was payabl e;or

( ii ) At t he tim e of the deat h i n ser vice or ent it lement to a benef it of the par ticipant .

A benef it payable as above shal l continue for as l ong as t he child r emains i ncapacit ated.

(c) A child's benef it shall , not wit hst anding (a) above, not become payable, if the par ti cipant has chosen an earl y ret irement benef it, unti l the parti cipant dies or reaches the normal ret irementage, except to a chi ld under the age of 21 f ound by the Boar d t o be disabl ed.

(d ) The benefi t shall, duri ng the cont inuance of any per iodic benef it resul ting fromreti rem ent , ear ly retir ement , disabi lit y or death in servi ce, but subject to (e) and (f ) bel ow, bepayable at the annual rate of one third of the benef it payable to the part icipant or , if the parti ci pantdi ed in service, one third of the retir ement or di sabil ity benefit which would have been payabl e ifthe par ticipant had become enti tled theret o at the date of deat h, subject to a minim um of 300 doll ar sper annum [i ncr eased to 1, 290.36 dol lar s under the UNJS PF Pensi on Adjustment System, ef fecti ve1 April 2001] and a maximum of 600 doll ars [increased to 2,542. 80 dollars under the UNJSPF Pension Adjustm ent S yst em, effecti ve 1 Apr il 2001] .

(e) The benefi t, if no other per iodic benef it is payable and t here is no survi vi ng par ent able, inthe opi nion of the Boar d, to support the chi ld, or if the ot her peri odi c benefi t payabl e is to asurvivi ng spouse who is not a natural or adopti ve parent and does not have cust ody of t he child, andfurt her subj ect to (f ) bel ow, shal l be payabl e at the rate in (d ) above increased by the gr eater of :

(i) 300 dol lar s [increased to 1, 290.36 doll ars under the UNJSP F Pension Adj ust mentSyst em, ef fecti ve 1 Apr il 2001] or one quart er of the reti rement, early reti rem ent ordi sabil ity benefit f rom which i t i s der ived, if one chi ld's benefi t is payable; and

( ii ) 600 dol lar s [increased to 2, 542.80 doll ars under the UNJSP F Pension Adj ust mentSyst em, ef fecti ve 1 Apr il 2001] or half the ret irement, earl y reti rement or disabi li tybenefit fr om which it is der ived, and divi ded by the number of eli gi ble chil dren, if more than one such benefit i s payabl e.

(f ) The tot al benef its payable under (d ) above shall never theless not exceed an annual rat e of1, 800 doll ar s [increased to 7,628. 40 dollars under the UNJSP F Pension Adjust ment System ,ef fecti ve 1 Apr il 2001] , nor shall the tot al benef it s under (d ) or (e) above, added to any retir em ent benefit payable under arti cl e 28(b ), (c), (d ) or (e), early reti rem ent benefit under art icl e 29(b ),di sabil ity, widow's or widower's benefi t exceed the final average remunerati on of the part icipantadded t o the total annual children's al lowances that were payable by the mem ber or ganizati on at theti me the par ticipant was separated.

(g) Benefit s payabl e under thi s art icl e shall be recal culat ed as may be requir ed to achi eve thepurposes of (e) and (f ) above.

Ar ti cle 37SECONDARY DEP ENDANT'S BENEF IT

(a) A secondar y dependant's benefit shal l, subject to ar ticle 41 and to (b ) bel ow, be payableto not mor e than one survi vi ng secondar y dependant of a part ici pant who was ent itl ed to a

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reti rem ent , ear ly retir ement , deferr ed ret ir ement or di sabil ity benefit at the dat e of death, or whodi ed in service.

(b ) A secondar y dependant's benefit shal l nevert hel ess not be payable:

(i) Wher e a benefit is or was payable to a chi ld or to the sur vi ving spouse of thepart ici pant; and

( ii ) In the case of a brother or sister , where the benefi t payabl e to the parti ci pant was adeferred r et irement benefi t.

(c) The benefi t shall be payable at the fol lowing r ates:

(i) In the case of a mot her or father, at the rates and under the condit ions appli cable inar ti cle 34(b ), (c), (d ), (f ) and (h ) to a widow's or widower's benefit , save that theBoar d may, in the event of remarri age, decide in its di scr et ion to cont inue thebenefit ;

( ii ) In the case of a brother or sister, at the rate appl icabl e in art icl e 36(d ) to a chil d'sbenefit and shall be payable or shal l cont inue to be payable beyond the age of 21under t he condi tions of ar ti cle 36(b ).

(d ) In the event that more than one person is el igi ble under thi s arti cl e, the benef it shall bepayable to the per son desi gnated by the part ici pant or, fail ing such designation or per son, to theperson designat ed by the Board.

Ar ti cle 38RES IDUAL SETTLEM ENT

(a) A residual sett lem ent shal l be payable if, upon the death of a par ti cipant and theexhaust ion, as the case may be, of any ent it lem ent s due under these Regulati ons to his or hersurvivors, the tot al am ount of the benefit s pai d to and on account of the parti cipant is less than thepart ici pant’ s own contr ibuti ons.

(b ) The settl ement shall be payabl e to a beneficiary designat ed by the par ticipant and ali vewhen the payment is due; fai ling such benefi ciary, the set tl ement shall be paid to the est at e of thepart ici pant.

(c) The set tlement shall consi st of the par ticipant 's own contri butions at the dat e of his or herseparat ion or deat h in ser vi ce, reduced by the tot al am ount of the benefit s pai d to and on account ofthe par ticipant .

Ar ti cle 39L IM ITATION OF ENTITLEMENTS DURING LEAVE WITHOUT PAY

(a) Enti tlement to a disabil it y benefi t or to a benefi t payabl e in case of death, duri ng a per iodof leave wit hout pay gr ant ed for the perform ance of mil itary servi ce, shal l instead be to awi thdrawal sett lem ent calcul ated as of the day imm ediat ely precedi ng the com mencem ent of suchleave, in accor dance wi th ar ticle 31.

(b ) In the event that a par ticipant becomes enti tled to a reti rement, early reti rem ent ordeferred ret irement benefi t on separ ati on during a peri od of leave without pay, a wi dow's,

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wi dower 's, chil d's or secondary dependant's benefi t shall not be payabl e unl ess enti tlement theret owoul d have existed had the part ici pant died on the day imm ediat ely precedi ng the com mencem entof such leave.

Ar ti cle 40EFF ECT OF RE-ENTRY INTO P ARTICIPATION

(a) If a former par ticipant who is ent it led to a retir em ent , ear ly ret ir ement or defer redreti rem ent benefit under these Regul ati ons agai n becomes a part ici pant, enti tlement to such benefi tor to a benefit deri ved ther efr om shall be suspended and no benefi t shall be payable until thepart ici pant dies or is again separ at ed.

(b ) Such a par ti cipant who again becom es a par ti cipant and is again separat ed af ter at leastfi ve years of addi ti onal contri but or y service shal l also be ent itl ed, at the ti me of such subsequent separat ion, in respect of such ser vi ce and subj ect to paragr aph (d ) bel ow, to a retir em ent , ear lyreti rem ent or deferr ed ret ir ement benef it, or a wi thdrawal sett lem ent under art icl e 28, 29, 30 or 31,as t he case may be.

(c) Such a par ti cipant , who agai n becomes a part ici pant and is agai n separated af ter less thanfi ve years of addi ti onal contri but or y service, shall , i n r espect of such ser vice, becom e ent itl ed to:

(i) A wi thdrawal settl em ent under arti cl e 31; or ( ii ) Subj ect to (d ) bel ow, a retir ement , earl y ret irement or defer red reti rem ent benefi t, as

the case may be, under art icle 28, 29 or 30, based on the lengt h of such additi onalcont ributory servi ce; provided, however , that such benefit may not be comm ut edinto a lum p sum , in whole or in part , and shall not be subject to any mini mumpr ovisi ons.

(d ) Paym ent of benefit s under (b ) or (c)(i i) above shal l com mence on the dat e of theresumpt ion or comm encem ent , as the case may be, of paym ent of benefi ts suspended under (a)above. In no event shall the t otal benefi ts payable to or on account of a f orm er parti cipant i n r espectof separat e per iods of contr ibutor y ser vice exceed the benef its which woul d have been payabl e hadthe par ticipati on in the F und been cont inuous.

PA RT VI . GE NER AL PR OVI SIO NS

Ar ti cle 41MEDICAL EXAMINATION

(a) Ever y part icipant in the Fund shal l be requi red to undergo a medical exami nation inaccordance with the standards prescr ibed by the Boar d, unl ess the Board accepts the findings of anearl ier medi cal exam ination.

(b ) A parti cipant who ref uses to under go such medical examinat ion, and for whom thefi ndings of an ear li er exami nat ion are not accepted, shall not, unti l completion of five years ofcont ributory servi ce, be ent itl ed to a disabili ty benef it under these Regulations, nor shall a widow's, wi dower 's or secondary dependant's benefit be payabl e in the event of the parti cipant’s deat h inservice unless such per iod has been com pleted.

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Ar ti cle 42INF ORMATION F ROM PARTICIPANTS AND BENEFICIARIES

(a) A parti cipant or benefi ciary may be requir ed to supply inf or mat ion, and to furnishdocumentar y or other pr oof ther eof , in respect of any matt er on which inform ati on or pr oof isdeem ed desir abl e by the Boar d f or the purposes of these Regulat ions.

(b ) Fail ure to supply such inf or mat ion or proof, or the omi ssion or misr epr esent ati on of anymaterial fact ther ei n, shall enabl e the Boar d to redeter mine the enti tlements of the par ticipant or beneficiar y under these Regulat ions, pr ovi ded that enti tlement to parti cipat ion or to a benefit shal lnot be less favorabl e t han i f t he infor mat ion or proof had been supplied or truly represented.

Ar ti cle 43RECOVERY OF INDEBTEDNESS TO THE FUND

The Board may deduct fr om any benefi t payabl e under these Regul ati ons to a part ici pant, or onhi s or her account , the am ount of any indebt edness to the Fund by the part icipant or by anybeneficiar y or thi rd person to whom payment has been made ot her wise than in accordance wit hthese Regulations, i ncl udi ng inter est and costs, where appropri ate.

Ar ti cle 44INTEREST ON UNPAID BENEF ITS

The Fund shall not be l iable for i nt erest on any due but unpaid benefit s.

Ar ti cle 45NON-AS SIGNABILITY OF RIGHTS

(a) A parti cipant or benefi ciary may not assign his or her right s under these Regul ati ons.Notwithstanding the for egoing, the Fund may, to sati sfy a legal obli gat ion on the part of apart ici pant or for mer part icipant ar isi ng fr om a mar ital or par ent al relat ionship and evidenced by anor der of a cour t or by a set tlement agr eem ent incorporated into a di vor ce or ot her cour t order, remi ta porti on of a benef it payable by the F und to such part ici pant for life to one or more for mer spousesand/ or a cur rent spouse fr om whom the part icipant or former par ticipant is livi ng apart . Suchpaym ent shal l not convey to any person a benefi t ent itl ement fr om the Fund or (except as providedherein) pr ovide any rights under the Regul at ions of the Fund to such person or increase the tot albenefit s otherwise payable by t he Fund.

(b ) To be acted upon, the requir ement under the court or der must be consist ent with theRegulat ions of the Fund, as det erm ined by the Chief Execut ive Offi cer of the Fund to be beyondany reasonable doubt , and on the basis of the available evidence. Once implemented, the assi gnm ent shal l norm al ly be ir revocabl e; however, a parti cipant or for mer part ici pant may request , uponsati sfactory evidence based on a court order or a pr ovi sion of a set tlement agr eem ent incorporatedinto a court decree, a new deci sion by the Chief Execut ive Offi cer that woul d alter or disconti nuethe payment or payments. Fur thermore, such paym ent or paym ents shall cease foll owi ng the deathof the par ti cipant or form er parti ci pant. If a designee pr edeceases the part ici pant or for merpart ici pant, the payments shall not com mence, or if they have comm enced, shall cease upon thedesi gnee's deat h. In the event that the paym ent or paym ent s have been dimi ni shed, di sconti nued, or have failed to com mence or have ceased, the amount of the benef it payable to the par ticipant or form er par ti cipant shal l be dul y adj ust ed.

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Ar ti cle 46FORFEITURE OF BENEF ITS

(a) The right to a wit hdrawal settl ement or resi dual set tlement shall be forfeit ed if for twoyear s after payment has been due the benef iciar y has failed to submi t paym ent inst ructi ons or hasfail ed or refused to accept payment.

(b ) The right to a ret ir ement, earl y ret irement, defer red reti rement or disabi li ty benef it shall be forf eit ed if , for fi ve years af ter the fi rst paym ent has been due, the benef ici ar y has failed tosubm it payment instr uct ions or has f ail ed or refused to accept payment.

(c) The right to conti nued per iodic paym ent s of a reti rement, early reti rem ent , def err edreti rem ent or disabi lit y benefi t shall be forfeited if, for two year s after a peri odic payment has beendue, the benefi ciary has fai led to subm it payment instr uct ions or has fail ed or refused to acceptpaym ent .

(d ) The right to a benef it shall never theless not be for fei ted under (a), (b ) or (c) above if it sexer cise has been pr evented by cir cumst ances beyond the cont rol of t he benef ici ary.

(e) The Board may, if in it s opi nion there are ci rcumstances which so war rant, rest ore theri ght t o any benef it which has been for fei ted.

Ar ti cle 47CURRENCY

(a) Cont ributi ons under these Regul ati ons shal l be cal culat ed and remi tt ed to the Fund indoll ars.

(b ) Benefit s shall be calculat ed in doll ars and shall be payable in any cur rency selected by t hereci pient, at t he rate of exchange f or dol lars obt ai ned by t he Fund on the date of paym ent .

Ar ti cle 48JURIS DICTION OF THE UNITED NATIONS ADM INISTRATIVE TRIBUNAL

(a) Appl ications al leging non-observance of these Regulati ons ar ising out of decisions of theBoar d m ay be submi tt ed dir ectly to t he Uni ted Nati ons Admi ni str ati ve Tr ibunal by:

(i) Any staff member of a member or ganizati on which has accepted the juri sdi cti on of the Tri bunal in Joint Staf f Pension Fund cases who is eligible under ar ticle 21 of these Regulations as a par ti cipant in the Fund, even af ter his or her empl oyment hasceased, and any person who has succeeded to such staff mem ber's ri ghts upon his or her death;

( ii ) Any other person who can show that he or she is enti tled to rights under theseRegulat ions by vir tue of the parti ci pat ion in the Fund of a staff member of suchmember organization.

(b ) In the event of a di spute as to whether the Tribunal has competence, the matt er shall besett led by a decision of t he Tr ibunal.

(c) The decisi on of the Tri bunal shall be f inal and wi thout appeal.

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(d ) The tim e-li mi ts prescribed in ar ticle 7 of the S tat ut e of t he Tr ibunal are reckoned f rom t hedate of the com municati on of the contested deci sion of the Boar d.

PA RT VI I . A MEN DME NT AN D E NTRY INTO FOR CE

Ar ti cle 49AMENDMENT

(a) The Board may recomm end am endments to these Regulati ons to the Gener al Assem bly,which m ay am end these Regulations af ter consult ati on wi th the Boar d.

(b ) The Regulati ons so amended shal l ent er int o for ce as fr om the date specifi ed by theGeneral Assembl y but wi thout pr ejudi ce to ri ght s to benefi ts acqui red through cont ri but ory servicepr ior t o t hat date.

Ar ti cle 50ENTRY INTO FORCE

(a) These Regulations shall enter into force and super sede all previous Regulati ons wi thef fect from 1 Januar y 2001.

(b ) No provisi on shall be constr ued as appl ying ret roact ively to parti ci pants in the Fund priorto the dat e of its entr y int o effect , unless expressly stated ther ei n or specif icall y amended to suchef fect by the General Assembly wit h due regard to the provisions of art icl e 49.

PA RT VI I I . TRA NSI TI ONA L PRO VISION S

Ar ti cle 51L IM ITATION ON PARTICIPATION

An associate parti ci pant in the Fund on 31 December 1966 shall conti nue to be an associ atepart ici pant in accor dance wi th art icle II bi s of the Regulat ions in for ce on that date and shal l onl ybecome a par ticipant if duri ng such associ at e part icipation he or she r eceives:

(a) A permanent appointm ent or an appointment certi fied by a mem ber or ganizati on to leadnorm all y t o a perm anent appoint ment; or

(b ) An appoint ment whi ch wi ll extend t he total cont inuous peri od of service to or beyond fi veyear s.

For the purpose of (b ) above, service before 1 Januar y 1967 shal l be deemed to have beencont inuous i f a br eak or breaks ther ein do not tot al more than one year .

Ar ti cle 52PRESERVATION OF ENTITLEM ENT TO RETIREMENT BENEFITS

A parti cipant in the Fund on 31 December 1966 whose ser vice has been conti nuous si nce that date shall be enti tl ed to a ret irement benef it under ar ticle 28 of these Regulations notwi thstandi ngthat hi s or her cont ributory servi ce was l ess t han f ive year s.

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Ar ti cle 53PRESERVATION OF RIGHTS TO VOLUNTARY DEPOSITS

A parti cipant who, prior to the entr y into force of these Regul ati ons, had been authori zed by theBoar d to deposi t an amount in the Fund in accor dance wi th ar ticle XV II I of the Regulat ions then inforce shal l be ent it led, i n respect of such aut hor izati on, t o t he benef it of that ar ticle as though it wer est il l i n f or ce.

PA RT IX . PEN SIO NAB LE RE MUN ER ATI ON

Ar ti cle 54PENSIONABLE REMUNERATION

(a) In the case of par ti cipant s in the General Service and rel at ed cat egor ies, pensionabl eremuner ati on shall be t he equivalent in doll ars of t he sum of:

(i) The par ticipant 's gr oss pensionabl e sal ary, as det er mined on the occasi on of comprehensive salary surveys and subsequentl y adjust ed bet ween such sal arysurveys, in accordance wit h the methodology approved by the General Assemblyand set out in appendix A to these Regulat ions;

( ii ) Any language al lowance payable; and(i ii ) In the case of a par ticipant who became enti tled to a pensionabl e non-resi dent's

al lowance pr ior to 1 September 1983, and for as long as he or she conti nues to beenti tled t heret o, the amount of such al lowance.

(b ) In the case of par ti cipant s in the Prof essional and higher categor ies, the scal e ofpensionabl e rem uneration eff ect ive 1 Novem ber 2001, shall be as set out in appendi x B hereto. Itshal l be adj ust ed on the sam e date as the net remunerat ion amounts of offi ci als in the Professi onaland higher categor ies in New York ar e adjust ed. S uch adjust ment shall be by a uni form per centageequal to the weighted aver age percentage var iat ion in the net remunerat ion amounts, as det er minedby t he Int er nat ional Ci vil S ervice Comm ission.

(c) (i) In the case of par ti cipant s who ar e appointed or elected as ungr aded off ici als on oraf ter 1 Apri l 1995, their pensionabl e rem uneration shall be established by thecompetent legislat ive organ whi ch deter mines their other condit ions of ser vi ce, inaccordance with the met hodol ogy recommended by the Internati onal Civil Ser vi ceComm ission and endor sed by the Gener al Assem bly, and shall be subsequentlyadjusted i n accordance wit h the pr ocedure in (b ) above;

( ii ) In the case of par ti cipant s who were ungr aded off ici als on 31 Mar ch 1995, their pensionabl e rem uneration shall be maint ained, without adjust ment, until surpassedby the level of pensionabl e rem uneration der ived from appl icati on of themethodology ref err ed to in ( i) above.

(d ) In the case of par ti cipant s in the Unit ed Nations Fi eld Service categor y, the scal e ofpensionabl e rem uneration eff ect ive 1 Novem ber 2001 shal l be as set out in appendix C heret o, andshal l be subsequentl y adjust ed in accor dance wi th the procedure in (b ) above.

(e) No step incr ements beyond the top st ep of the gross pensionabl e sal ary scal e or the scal eof pensionabl e rem uneration est abl ished accor di ng to the methodology approved by the Gener al

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Assembl y on the recommendati on of the Internati onal Civil Servi ce Commi ssi on shall berecogni zed for par ti cipant s ent eri ng or re-entering the Fund on or af ter 1 January 1994.Nevertheless, any st ep increments awarded in conform ity wi th the provisions of the appr opr iatest af f regulations or rules of a member organization to a staff mem ber in ser vice in that organi zat ionbefore 1 Januar y 1994 shal l be recognized by the Fund for pensi on contr ibuti on and benefit calculation pur poses.

PA RT X. SU PPLEM ENTAR Y A RTI CLES

Supplem ent ar y arti cl e APART-TIME EM PLOYM ENT

The provisions of these Regulat ions and of the Adm inist rat ive Rules shall apply equally tomembers of t he staff of each member organi zation whose employment is for at least half the t ime of full -ti me members of the staff, except that:

(a) The ent itl em ent to and the amount of benef it s result ing fr om such em ployment shall bereduced in t he rat io which i t bear s to ful l employment; and

(b ) Such em ploym ent pr ior to 1 January 1975 shal l not be open to validat ion or be taken int oaccount for any ot her purpose.

Supplem ent ar y arti cl e BPARTICIP ATION OF OF FICIALS WHO ARE NOT S TAF F MEM BERS

The provisions of these Regulat ions and of the Admi nistr ati ve Rules shal l appl y to off icial scovered by the Conventi ons on the Pr ivi leges and Imm uni ties of the Unit ed Nations and of theSpecial ized Agenci es who per for m such functi ons for the member organization of the Fund which,if provided by their st aff members, would be consi dered as full -ti me or part -ti me em ploym ent forthe pur pose of these Regul at ions.

Supplem ent ar y arti cl e CTRANS ITIONAL MEASURES IN RESP ECT OF F INAL AVERAGE REM UNERATION

(a) Ef fecti ve 1 Apr il 1987, notwithstanding the provisions of ar ticle 1(h ), the final averageremuner ati on of a parti cipant in the Pr ofessional or hi gher cat egori es who was in contr ibutoryservice on 31 March 1987, had at least 36 compl eted cal endar months of such ser vice as of that dat eand whose pensionabl e rem uneration was lower ed by the scale of pensionabl e rem unerationef fecti ve 1 Apr il 1987, shal l be cal cul ated under both art icle 1(h ) and paragraph (b ) of thi s art icl e,wi th the par ticipant being enti tled to that met hod of calcul ati on which results in the higher benefi t atthe standard annual rat e.

(b ) (i) The highest final average remunerati on to which the par ticipant woul d have beenenti tled in accordance wit h art icl e 1(h ) if he or she had separ ated from ser vice on31 December 1984 or on any later dat e preceding the act ual date of separat ion shal lbe appl ied to the parti cipant’s cont ributory servi ce up to and including the date onwhich t hat f inal average r em unerat ion was fi rst at tained;

( ii ) The final average remunerati on cal culat ed in accor dance wi th ar ticle 1(h ) shall beappl ied to t he par ti cipant ’s contr ibutory servi ce af ter such date; and

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(i ii ) The benefi t payabl e at the standar d annual rate under the pr ovi sions of ar ti cle 28(b )or (c) shall be calculat ed by addi ng to the benefi t based on the cont ribut ory servicein (i) above the benef it based on the contr ibutory ser vi ce in (i i) above, subj ect toar ti cle 28(d ) where appli cable.

(c) Nevertheless, and notwi thstandi ng the provisions of art icl e 28(d ), the benefi t payabl e to apart ici pant at the standar d annual rate in accordance with paragraph (b ) above shall not be less thanthe benefi t to whi ch he or she would have been ent it led if separat ed on the dat e the hi ghest fi nal aver age remuner ati on was f ir st att ai ned.

Supplem ent ar y arti cl e DTRANS ITIONAL MEASURES IN RESP ECT OF LUMP -SUM COM MUTATION

Notwithstanding the provisions of ar ticle 28(g), a par ticipant in cont ribut ory service on31 March 1987 may commute a ret irement benef it payable int o a lump sum to the extent of thegr eater of :

(a) The amount calculated under art icl e 28(g); or

(b ) (i) If the par ti cipant ’s age on 31 Mar ch 1987 was less than 55, the actuari al equivalent of one- thi rd of the benefi t that would have been payabl e if separated on 31 Mar ch1987 and had been aged 60 on that date;

( ii ) If t he par ti cipant ’s age on 31 Mar ch 1987 was 55 or mor e, the actuar ial equi val ent ofone- thi rd of the benefi t that woul d have been payabl e to the parti ci pant, had he orshe ret ired on 31 March 1987 and had at tai ned on that date the age at his or heractual dat e of separ ati on.

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Appendi x A

GROS S P ENS IONABLE SALARY F OR THE GENERAL S ERVICEAND REL ATE D CAT EGORI ES

1. Methodology for determi ning the gr oss pensionabl e sal ary

(a) Eff ect ive 1 Apri l 1994, and subj ect to ( b) bel ow, t he methodol ogy for deter mining t he gr osspensionabl e sal ary for par ti cipant s in the General Service and rel at ed cat egori es on the occasi on of comprehensive salary surveys shall be as f ol lows:

(i) 66.25 per cent of the net pensionabl e sal ary, det erm ined in accor dance wi th thepr ocedure approved by the Inter nat ional Ci vi l Service Comm ission*, i s calcul ated ateach gr ade and step;

( ii ) the amount s in (i) above are gr ossed up, usi ng the appl icabl e staf f assessment rat es;

(i ii ) the amount s in (ii ) above, divi ded by 0.6625 and expressed in local cur rency, constit ute t he gross pensionabl e sal ary.

(b) The methodology in (a) above shall be appli ed to the occasi on of the f ir st adj ustment due t othe applicat ion of the int er im adj ustment pr ocedur e for net sal ari es on or after 1 Apri l 1994, shoul dsuch adjustm ent take pl ace before a com prehensi ve salar y sur vey.

2. Adjustm ent of t he gr oss pensionabl e sal ary between comprehensive sal ary surveys

The gross pensionabl e sal ary shal l be adj ust ed on the sam e day and by the same percent ages asthe net pensionabl e sal ary of part icipants i n t he Gener al Servi ce and r elated categories i s adj ust ed.

__________________________

* Under the met hodol ogy appr oved by the International Civi l Ser vice Com missi on, the net pensionabl e sal ary is the net salary in the sal ary scal es less the non- pensionabl e com ponent, if any,wi th the l at ter being shown separately in the salary scales.

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App en di x B

SCALE OF PENSIONABLE REMUNERATION FOR THE PROFESSIONAL AND HIGHER CATEGORIES

Effective 1 November 2001

(in United States dollars)

STEPS

Level I II III IV V VI VII VIII IX X XI XII XIII XIV XV

Under Secretary

General

USG

203 830

Assistant Secretary-

General

ASG

188 395

Director

D-2

156 656 160 217 163 776 167 333 170 892 174 452

Principal

Officer

D-1

138 748 141 593 144 437 147 277 150 123 153 109 156 158 159 207 162 250

Senior

Officer

(P-5)

122 795 125 369 127 942 130 517 133 091 135 663 138 237 140 813 143 383 145 958 148 532 151 112 153 870

First

Officer

P-4

101 524 104 036 106 544 109 052 111 565 114 073 116 583 119 094 121 603 124 111 126 619 129 136 131 643 134 152 136 664

Second

Officer

P-3

84 497 86 655 88 812 90 965 93 125 95 280 97 436 99 596 101 853 104 213 106 569 108 927 111 285 113 641 116 001

Associate Officer

P-2

69 321 71 254 73 180 75 110 77 038 78 968 80 896 82 822 84 754 86 683 88 610 90 541

Assistant

Officer

P-1

53 979 55 838 57 690 59 543 61 398 63 250 65 107 66 958 68 811 70 666

Appendix C

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SCALE OF PENSIONABLE REMUNERATION FOR THE FIELD SERVICE CATEGORY

Effective 1 November 2001

(in United States dollars)

STEPS

Level I II III IV V VI VII VIII IX X XI XII XIII XIV XV

FS-7 100 831 103 480 106 131 108 775 111 424 114 074 116 725 119 372 122 022 124 668 127 319 129 970

FS-6 85 054 87 311 89 572 91 823 94 081 96 339 98 593 100 874 103 336 105 804 108 272 110 736

FS-5 73 220 75 141 77 067 78 993 80 920 82 845 84 772 86 695 88 623 90 548 92 475 94 398 96 324

FS-4 64 225 65 828 67 423 69 022 70 619 72 216 73 814 75 416 77 011 78 610 80 208 81 753 83 403 85 002 86 600

FS-3 56 363 57 726 59 084 60 444 61 799 63 161 64 522 65 878 67 239 68 590 69 953 71 311 72 674 74 029 75 391

FS-2 49 657 50 799 52 004 53 202 54 403 55 603 56 750 58 004 59 204 60 408 61 605 62 806

FS-1 44 201 45 176 46 148 47 118 48 089 49 067 50 039 51 070 52 128 53 180

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Annex I

AD MI NISTRA TI VE RUL ES OF THEUN IT ED NAT IONS JOI NT ST AFF PENSION FUND

INTRODUCTION

(a) The Board has, in terms of arti cle 4(b ) of the Regulat ions, made these Admi nistrati veRules, whi ch enter i nto force and super sede all pr evious Rul es wit h eff ect f rom 1 January 2001.

(b) The Board, or t he St anding Comm itt ee on it s behalf , may am end t hese Rul es fr om tim e toti me as it deem s desirable, and shal l i nterpret them to the ext ent r equired to give eff ect t her eto.

(c) In accordance with arti cle 1 of the Regulati ons, the terms defined in that ar ticle shall bear the sam e m eaning where they appear i n t hese Rul es.

(d) "Dependent ", for the purpose of ar ticle 1(s) of the Regulat ions, shall mean in receipt offi nanci al support fr om the part ici pant in an am ount suf ficient to meet the financi al cr iteri aestabli shed for paym ent of a secondary dependant's allowance under the staff regul at ions and rulesof t he mem ber organi zat ion by which the part ici pant was em pl oyed imm edi ately pr ior to separationor deat h i n ser vice, whether or not such all owance was in fact payable.

(e) "I n the name of the Uni ted Nati ons", for t he purpose of ar ticle 18 of t he Regul ati ons, shallincl ude the hol ding of asset s in the name of a nom inee or nominees of cust odians for the Uni tedNati ons.

(f ) "P art-ti me employment" , for the purpose of suppl em ent ary arti cle A of the Regulati ons,shal l mean empl oym ent under condit ions requi ring att endance for duty during at least half thenorm al weekl y working hour s prescr ibed by the member or ganizati on for the duty stati on at whichthe employment takes pl ace.

SECTION AADM INISTRATION MANUAL

A. 1 The Chief Executi ve Of ficer of the Fund shall be responsi bl e, under the aut hor ity of theBoar d, for ensuring the observance of t he Regul ati ons and these Rules by t he member organi zati onsand the part ici pants; the Chief Executi ve Of ficer shall be empower ed to issue, and revi se fr om tim eto time as may be necessar y, an Admi nistrati on Manual in whi ch shall be pr escri bed, to the extentthat they ar e not contained her ein, the pr ocedures and for ms which shal l be used for theadmi nistrati on of the F und.

SECTION BPARTICIP ATION

B. 1 Each member organi zation shall, upon fulfi ll ment by a member of it s staff or by one of itsof fi cials of the condit ions of art icle 21 of the Regulations, regi st er that per son’s admissi on to theFund as a parti cipant by fur nishing to the secr etary of the staff pensi on commi ttee of theor ganizati on such infor mat ion with respect t o t hat person as the secret ary m ay requi re, incl udi ng the

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term s of appointment ; the or ganizati on shall thereaf ter noti fy the secr etary of any changes whi choccur t her ei n.

B. 2 The inf orm at ion shal l norm al ly include the name of the par ti cipant and the date of com-mencement of parti ci pat ion, dat e of bir th, sex and m ari tal stat us, and, as t he case may be, the namesand dat es of bi rth of the parti cipant’s spouse, chil dren under the age of 21, and secondar ydependants; the or ganizati on shall veri fy, to the extent possible, the accur acy of the inf or mat ionfurnished.

B. 3 The par ticipant shal l be responsible for providing the inf or mat ion in rule B.2 above and for noti fyi ng the organi zat ion of any changes which occur therei n; the par ticipant may be requir ed tosubm it docum ent ary or other proof of such infor mat ion to the or ganizati on or the secret ary of thecomm itt ee. No change in the recor ds relat ing to the date of bi rth of a part ici pant or his or herpr ospective benefi ci ari es shall be accepted aft er the date of t he parti cipant's separat ion.

B. 4 Information provided by or in respect of a part ici pant or benef ici ar y under the Regulati ons orthese Rules shall not be disclosed without writ ten consent or author ization by the part ici pant orbeneficiar y concer ned, except in response to a court or der or a request fr om a judicial or civi lauthori ty in the context of divorce or fam il y maintenance obligati ons. In such case the ChiefExecuti ve Of ficer shall im mediatel y not ify the par ti cipant or benefi ciary of the order or request. Ifaf ter 30 days the parti cipant or benefi ciary has not acted in response to the cour t order or request ,the Chi ef Executive Of fi cer m ay suppl y the foll owi ng infor mat ion:

(i) am ount of benef its r eceived and in paym ent f or a benefi ciary; ( ii ) accr ued enti tlements for an act ive part ici pant; and(i ii ) addr ess of t he benef ici ary.

The inf orm at ion shal l be provided by the Chi ef Executive Off icer in a manner that cl ear ly reflectsthat it is being provided on a vol untar y basis and without waiver of the pri vil eges and im munit ies ofthe organi zation wit h r espect t o any such or der or r equest f rom the judici al or ci vi l author iti es.

B. 5 The par ticipant shal l, as soon as pr act icabl e after the comm encement of part ici pat ion, speci fyin writ ing, on a for m provided for the pur pose by the secr et ary of the com mi ttee, the secondarydependant, if any, or other per son whom he or she designat es as the benefi ci ary in the event of abenefit becoming payabl e under art icle 37 or 38 of the Regul ati ons by reason of the par ticipant ’sdeat h in ser vice wit hout a survivi ng spouse or chi ld entit led to a benefit ; any changes ther eaf ter insuch designation shall sim il arl y be specif ied by t he parti ci pant i n wri ting.

B. 6 (a) A parti cipant who is separ at ed from the service of one mem ber organi zat ion and ent er sthe ser vice of another wit hout an inter rupti on in the cont inuit y of employment shall , subj ect toar ti cle 21 of the Regul ati ons, rem ai n a part ici pant in the Fund; where such continui ty has beeninterrupted, parti ci pat ion shal l be in accor dance wi th art icle 21 of the Regulations.

(b) A parti cipant who is separ at ed from the ser vice of a mem ber or ganizati on and whoagai n becomes a part ici pant in the Fund in accordance with arti cle 21(a) of the Regulat ions wit hin12 mont hs af ter such separ at ion and wit hout a benefi t havi ng been paid shall conti nue inpart ici pat ion in accordance wit h art icl e 21(b ). I n calcul ati ng the peri od between the dat es ofseparat ion and re-entr y into part ici pation under art icle 21(a) no recognit ion shal l be given to anyintervening non-cont ributory servi ce even if subsequent ly validated under art icle 23.

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SECTION CMEDICAL EXAMINATION

C. 1 In accordance with arti cle 41(a) of the Regulat ions, a medical exami nat ion shal l be car ried out of each part ici pant by the medi cal offi cer of the member organi zat ion by whi ch he or she isem pl oyed, or a medical pract iti oner designat ed by the medi cal offi cer, pri or to or as earl y as may bepr acticabl e aft er the comm encem ent of part icipation.

C. 2 The examinat ion shal l be conducted in such manner as to determi ne whether or not thepart ici pant meets the medi cal standards, and may be wai ved if the parti cipant has under gone amedi cal exam ination wit hin twel ve months pri or to the comm encem ent of part icipation the resultsof which are acceptable to t he medical off icer.

C. 3 A parti cipant whose ent itl em ent s are restr icted under arti cl e 41(b ) of the Regulat ions shall, upon under going a medical exami nat ion as provided in rules C.1 and C.2 above, be accor ded his orher ful l ent itl ement s.

SECTION DCONTRIBUTIONS AND INTEREST

D. 1 Cont ributi ons as specif ied in column B in ar ticle 25(a) of the Regulat ions shall be deductedmont hly by the mem ber organi zat ion from the sal ary and emoluments of each of it s par ticipant s inpay status and rem it ted in doll ars to the Fund; however , to the extent requi red for the paym ent of benefit s in local currenci es, the Chief Executi ve Of ficer may accept that a mem ber organizat ionremi t its monthly contr ibuti ons in a speci fi c local cur rency rather than in dol lar s (applying theUnit ed Nat ions operational rate of exchange in eff ect when the organization's cont ri but ion isremi tted). The contr ibutions of a parti cipant in par tial pay st atus shall be on the basis of hi s or her full pensionabl e rem uneration.

D. 2 Cont ributi ons for the purpose of val idation, restoration, or the accrual of contri butor y ser viceduri ng leave wi thout pay shall be made in dollars in accor dance wi th secti ons E , F and G bel ow.

D. 3 (a) Interest shall accrue each year or part of a year on a par ti cipant 's contr ibuti ons to theFund; i nterest shall not, however, accr ue in any year on contri but ions made dur ing t hat year .

( b) For the purpose of accr ual of interest under ar ticle 25(b ), (c), (d ) or (e), ar ticle 31 andar ti cle 38(c) of the Regulat ions, the int erest shall be calculated to the end of each financial year andcompounded annuall y at that dat e.

(c) In the cal culat ion of interest, peri ods of less than one cal endar month shal l, if theyam ount to fi fteen days or more, be treated as one month, and if they am ount to less than fif teendays, be disregarded.

(d) For the purpose of cal cul at ing mont hly inst all ments, incl uding interest, for theam or tizati on of am ounts due under ar ticle 25(d ), the i nterest shall be compounded annuall y.

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D. 4 Remi ttance of the contr ibuti ons under arti cl e 25 shall be made monthly and received by theFund not l at er than on the second worki ng day of t he followi ng month.

D. 5 The Fund shall be compensated for any loss resulti ng fr om delays in receipt of thecont ributi ons under D.4 above.

D. 6 The financial year of t he Fund shall be the per iod 1 January to 31 December inclusive.

SECTION EVALIDATION OF NON-CONTRIBUTORY SERVICE

E. 1 A parti cipant who el ect s to val idate non-cont ributory servi ce under arti cle 23(a) of theRegulat ions shall gi ve not ice in wri ting of such electi on to the secret ary of the st aff pensioncomm itt ee of the m em ber or ganizati on by which he or she is empl oyed, not l at er than one year af ter the com mencement of par ticipati on and in any case pr ior to the dat e of separ ati on if earli er . Thepart ici pant shall st ate in such noti ce the total per iod or peri ods of service which to his or herknowledge ar e open t o vali dation.

E. 2 (a) The secret ar y of the commi tt ee, if sati sfi ed that the condit ions of art icl e 23(a) have beenfulf ill ed, shal l not ify the par ticipant in writ ing of the contr ibuti ons which woul d have been payabl eby the par ti cipant had the service been cont ributory, with interest to the date of the not ice ofel ection.

(b) The contri bution of the member organization shall be twice t he amount under (a) above.

E. 3 The par ticipant shal l remi t the am ount due under E.2 above in a lump sum to the memberor ganizati on wi thi n ninety days of the dat e of the noti ficat ion, or pri or to the dat e of separation ifearl ier , f ai ling whi ch the r ight t o val idate shal l be deemed to be cancel led.

E. 4 (a) A benef ici ar y who el ect s to val idate on behalf of a deceased parti ci pant under art icle23(b ) of the Regulat ions shall gi ve not ice in the manner and wi thin the peri od speci fied in rul e E.1above; such benefi ci ary shal l be not ifi ed of the amount due in accor dance wi th rul e E.2 and shallremi t such amount in a lum p sum to the mem ber organi zat ion within ni net y days of the date of noti ficati on.

(b) In the event that a par ticipant di es af ter havi ng el ect ed to validat e under E.1 above, but before the amount due has been rem it ted under rule E.3, a benef ici ar y empowered to make anel ection on behalf of the parti cipant under art icl e 23(b ) shall be entit led, upon not ice in writ ing tothe secret ar y of the commi tt ee pri or to paym ent of the benef it, to make such remit tance in a lumpsum wit hin ninety days of the date of noti fi cat ion to such beneficiary by the secr et ary of the amountdue.

(c) Fail ure by a benef iciar y to com ply with the provisions of (a) or (b) above shal l bedeem ed to cancel his or her rights under art icl e 23(b ).

E. 5 A former par ticipant who, during a peri od of parti ci pat ion, does not validat e thenon-cont ributory servi ce then open to validati on shall not, by virt ue of a new peri od of parti ci pat ion,be enti tled to val idate such servi ce.

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SECTION FRES TORATION OF P RIOR CONTRIBUTORY S ERVICE

F. 1 A parti cipant who el ect s to restor e pri or contr ibutory ser vi ce as a for mer part ici pant under ar ti cle 24(a) of the Regulat ions shall gi ve not ice in wri ting of such electi on to the secret ary of thest af f pension comm it tee of the mem ber organi zat ion by which he or she is employed not later thanone year aft er the re-comm encement of part ici pat ion and in any case prior to the date of separat ionif earl ier .

F. 2 (a) The secret ar y of t he commi tt ee, if sati sfi ed that the condi tions of ar ti cle 24(a) have beenfulf ill ed, shall ascert ain f rom the Chi ef Executive Off icer the peri ods of prior contri butory servi ce of the par ticipant , t ogether wi th the amount of the withdr awal set tlement recei ved under articl e 31(b )(i) and the interest thereon to the date of the not ice of electi on, and shall notif y the parti ci pant inwr it ing of t he tot al am ount due.

(b) The amount due from the member organization shall be the amount of the ref und, ifany, recei ved by i t under ar ticle 26 of the Regulati ons in f orce on 31 Decem ber 1982 with inter est asin ( a) above.

F. 3 The par ticipant shal l make, or com mence, payment of the am ount wit hi n ninety days of thedate of the not ifi cation by the secr etary under rule F. 2 above, ei ther

(a) In f ull in a lump sum ; or

(b) In equal m onthl y i nstal lment s, wit h int erest , over a period no longer t han half the lengthof the pri or contr ibutory servi ce el ect ed to be rest ored, pr ovi ded that the tot al am ount due shall bepayable pr ior t o t he date of the par ticipant 's separ ati on.

F. 4 (a) Paym ent shal l be m ade, in accor dance wi th the m ethod selected by t he parti ci pant underrule F. 3 above, by r emi ttance t o t he or ganizati on wi thi n t he ti me-li mi ts appli cable.

(b) In the event of default in the payment of a lum p sum or the fi rst paym ent of aninst all ment, the r ight of the part icipant to restoration shall be deemed t o be cancelled; in the event ofdefault ther eaf ter , the part ici pant shall be gi ven noti ce in wr iti ng by the secret ar y of the commi tt eeto effect payment wi thi n ninety days, f ail ing which the ri ght t o r estor ati on shall simi lar ly be deem edto be cancel led.

(c) A parti cipant whose right to restoration is cancel led shal l be ref unded fort hwi th thepaym ent s alr eady m ade, wit h accrued int erest , and shall forf eit any fur ther right to such restorat ion.

F. 5 A benef ici ar y who el ect s to restor e on behal f of a deceased par ticipant under arti cl e 24(c) ofthe Regulati ons, or to make or com pl ete the rem itt ances due by a par ticipant who had so el ectedpr ior t o his or her death, shal l be bound, mutatis mutandi s, by the provisions of rul e E.4 above.

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SECTION GLEAVE WITHOUT PAY

G. 1 A parti cipant who wi shes contri but or y service to accrue in term s of art icl e 22(b ) of theRegulat ions in respect of leave wi thout pay shall make arr angem ent s wit h the member organi zationby which he or she is empl oyed for the ful l contri butions to be remi tted to the Fund concurr ent lywi th such leave in t he sam e manner as cont ri but ions due in r espect of a part ici pant in pay stat us.

G. 2 A parti cipant to whom the pr ovi sions of ar ti cle 25(b )(i i) apply shal l rem it to the organi zat ionthe amount s due in respect of a peri od of leave wi thout pay pri or to the dat e of separation and, inany case, not l ater than wit hin one year aft er the r esumpt ion of pay st atus.

G. 3 At part ici pant’ s r equest, notif icati on of the amount due under rul e G.2 above shal l be provi dedby the secretar y of the st af f pension comm it tee of the organization from whi ch he or she wasgr anted leave without pay.

G. 4 The provisions of secti on G of the Admi nistr ati ve Rules in force on 31 Decem ber 1982 shall cont inue t o apply to leave without pay whi ch commenced pri or to 1 January 1983.

G. 5 However , par ticipant s whose leave wi thout pay comm enced pr ior to 1 January 1983 may, at thei r opti on, pay contr ibuti ons concurr ent ly for the unexpir ed porti on of such leave remaini ng af ter 1 January 1983.

G. 6 Part ici pants who avail themselves of the opt ion under rule G.5 above may, at the sam e time,choose to pay t he am ounts due f or the prior per iod of l eave wit hout pay.

G. 7 Extensi ons of leave wit hout pay which comm enced pr ior to 1 January 1983 gr anted af ter 1January 1983 shall be treated in accordance wit h the pr ovi si ons appl icable to leave wit hout paycomm encing after t hat date.

SECTION HDETERMINATIONS OF INCAPACITY AND INABILITY TO ENGAGE IN GAINF UL EMP LOYMENT

General

H. 1 (a) The det erm inati on of incapacity for the purpose of disabil it y benefi ts under ar ticle 33(a)and (b ) of the Regulat ions and of chil dren's and secondar y dependants' benefit s under art icle 36(b )and (c) shall, by virt ue of power s her eby delegat ed in accordance with ar ti cle 4(c), be made in eachcase by the staff pensi on commi ttee of the organizat ion by which the parti ci pant is employed,subj ect to the provi sion that, fai li ng unani mit y, a det erm inati on wi th respect to a disabi li ty benef itshal l be r ef err ed to the S tandi ng Commi ttee for deci sion.

(b) For ent itl em ent to a di sabil ity benefit , the incapacity for fur ther ser vice must be foundto exist or to have exi sted on the part ici pant's dat e of separation.

H. 2 In each case in which a st af f pension comm it tee has det erm ined that a part icipant or a chi ld isincapacitated, or in which a deter mi nat ion with respect to a di sabil ity benefit has been ref err ed to theSt anding Com mit tee for decision, the medical of ficer of the organi zation shall transmit a repor t on

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the medical aspect s of the case to the Medical Consultant, who shall in turn repor t thereon as maybe r equired by the S ecr etary of the Board.

Di sabil ity b enefit s (ar ticle 33)

H. 3 A request for a determi nat ion by the st aff pension comm itt ee under arti cle 33(a) of theRegulat ions shall be made by the organi zat ion:

(a) Whenever dur ing, or on the expi ry of, t he appoi ntm ent of a part ici pant there is reason tobeli eve that he or she may be i ncapacit ated wit hin t he meani ng of ar ticle 33(a); or

(b) Whenever a part ici pant is pl aced, or is pr oposed to be placed, on leave wi thout pay for reasons of heal th; or

(c) Whenever the appoi nt ment of a part icipant is termi nated, or is proposed to beterm inated, for reasons of heal th.

H. 4 A deter minat ion under arti cl e 33(a) shall be made by the staf f pension com mit tee at therequest of a parti ci pant:

(a) Whenever t he or ganizati on has not acted in accordance with r ule H. 3 above; or

(b) Whenever a par ticipant al leges that on the dat e of separation he or she was incapaci -tated within the m eaning of art icl e 33(a).

H. 5(a) The request shall be in wr it ing, addressed to the secretar y of the comm itt ee, and in the caseof a parti ci pant shall be made not later than four mont hs af ter the dat e of separati on orcomm encement of leave without pay, unless in the opi nion of the comm itt ee there ar e except ional ci rcumstances j ust if ying submission of the r equest at a later date.

(b) The request shall st ate the mater ial fact s on whi ch the organi zat ion or the parti ci pantreli es and the concl usi ons which are deduced therefr om, and shall be accom panied wherepr acticabl e by a report fr om the medical off icer of the or ganizati on, or a medi cal practit ioner retained by the part ici pant, as the case m ay be.

(c) The organi zation or the part ici pant submit ti ng the request , may be required by thecomm itt ee to pr ovi de further evidence or inf orm ati on thereon pr ior to a determi nat ion beingreached.

H. 6 (a) A deter minat ion that a par ti cipant is incapacit ated wit hin the meani ng of ar ticle 33(a)shal l, unt il the par ticipant reaches age f if ty-fi ve, be r eviewed by the com mit tee f rom ti me to ti me forthe pur pose of est ablishing the part ici pant’ s cont inued el igibi lit y for a di sabili ty benef it , inaccordance with ar ti cle 33(b ).

(b) The dat e for each such review shal l be set by the commi ttee, having regard to theopinion of t he medical off icer of the organi zat ion on t he pr ospect s for the par ticipant 's recovery, andin such manner that the interval bet ween reviews does not normally exceed three year s; the

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comm itt ee may nevert hel ess revi ew a det erm inati on at an earl ier date than that set for the revi ew if ther e i s r eason to beli eve t hat the par ticipant is no l onger incapacitated.

(c) The par ticipant shal l be inf orm ed in wr iti ng by the secret ar y of the commi tt ee of thedate or interval set for the review in each case and shall , as and when required, submi t to a medi calexam ination by the medi cal offi cer , or a medical practi tioner desi gnated by the medi cal of fi cer , for the pur pose of provi ding evi dence enabl ing the com mi ttee to reach a fur ther det erm inati on on thecont inuance or other wise of the part ici pant’ s i ncapacit y.

(d) Upon review, the com mit tee shal l continue a disabi li ty benefi t if it deter mines that thepart ici pant rem ains incapaci tat ed; it may suspend or di scont inue a benefit if the parti cipant hasfail ed to submi t to a medi cal exam inati on when requi red to do so, or if the result s of a medicalexam ination are inconcl usi ve; it may im pose on the part ici pant the fulf ill ment of a condit ionpr ecedent to the continuat ion of a benefit or the removal of a suspensi on; and it shall di scont inue abenefit when the evi dence befor e it shows beyond reasonabl e doubt that the part ici pant is no longerincapacitated, provi ded that a benef it so di sconti nued may be re-inst ated by the comm itt ee if it issati sfi ed, upon furt her evidence, that the part ici pant was i n f act i ncapacit ated.

H. 7 (a) A di sabili ty benefit which i s suspended or discontinued shal l cease to be paid at the endof t he thi rd compl et e m ont h aft er the m ont h in whi ch the decisi on was t aken.

(b) A di sabili ty benef it which is re-inst ated aft er suspensi on or di scont inuance shallre-comm ence from the date on which it ceased to be paid, unl ess the com mit tee, aft er a review ofthe cir cum st ances of the case, decides that it shall re-comm ence f rom a later date.

Di sabled chi ldren' s (an d b rother's or sist er 's) benefit s [ ar ticle 36(b) an d (c) ]

H. 8 A deter minat ion under arti cl e 36(b ) or (c) of the Regulat ions shall be made by the staffpension comm itt ee whenever the chi ld, or the br other or si st er, of a parti ci pant, el igi ble in otherrespect s for a chi ld's or secondar y dependant's benefit , claims, or is claim ed, to be incapacit ated byil lness or i njury for substanti al gainf ul em ployment :

(a) Upon reaching the age of 21, if im mediatel y pri or thereto a chi ld's or a secondarydependant's benefi t was payable, as the case may be;

(b) Upon the death in servi ce or entit lement to a reti rement or disabi lit y benefi t of thepart ici pant, if the chi ld is then over the age of 21;

(c) Upon the ent itl ement of the par ticipant to an earl y ret irement benef it. However, a chi ldunder the age of 21 shall be consi dered to be disabl ed onl y if the chil d would have been consideredto be such had he or she been 21 years of age on t he date of the par ticipant 's separ ati on;

(d) Upon the death of a par ticipant enti tled to a reti rement, early reti rem ent , or disabili tybenefit , if a brot her or sister is then over the age of 21 and is cl aim ed to have been incapaci tated atthe dat e of the part ici pant's separation.

H. 9 The claim shall be made in writ ing, addressed to the secretary of the comm it tee, by or onbehalf of the chil d or secondar y dependant , and shal l be accompani ed by a repor t from a medi cal

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pr actit ioner on the nat ure of t he il lness or injur y and the ext ent , if any, to whi ch gainf ul em ploym ent is possibl e; in the case of rul e H. 8( b) above, the repor t shall be submi tted by the medi cal offi cer ofthe organi zation.

H. 10 A deter minat ion that a chi ld or secondary dependant is incapaci tat ed wi thi n the meaning of ar ti cle 36(b ) or (c) shall be reviewed, mutatis mutandi s, in accor dance wi th the provisionsappl icable to disabi lit y benefi ts in rules H.6 and H.7 above, save that the int erval s between revi ewsmay exceed t hree years.

SECTION IENTITLEM ENT TO BENEFITS

I. 1 Enti tlement to a benefi t shall, subj ect to rules I.3 and I.4 below but wit hout fur ther act ion byan organ of the Fund ot her than as may be requi red to determ ine el igibi lit y for a di sabili ty or incapacitated chil d's benefi t under these Rules, vest in a part ici pant and in the child of a parti ci panton the day succeeding the last day of cont ri but ory service; it shall vest in the widow, wi dower ,secondary dependant, designated beneficiar ies or est ate of a parti ci pant on the day succeedi ng theday of the partici pant’ s death in servi ce, and on the f irst day of t he month succeeding the death if thepart ici pant died whi le in recei pt of a per iodic benefit .

I. 2 Enti tlement to a benefi t under art icle 36(a) of the Regulat ions shall conti nue to the end of themont h i n whi ch the chil d m ar ries or reaches the age of twent y-one.

I. 3 Enti tlement shall be subject to cert ifi cat ion by the Chief Executi ve Of ficer of the Fund, inaccordance with ar ti cle 7(c), that the conditi ons for payment of the benefi t have been fulf ill ed; theChief Execut ive Of fi cer shal l refer to the S tanding Com mit tee for decision any case whi ch is not socert ifi ed.

I. 4 Wher e, in the case of a di sabil ity benef it , a peri od of leave in pay status has succeeded aperi od of leave wi thout pay for reasons of heal th, enti tlement to the benefi t shal l vest as though thepaid leave of t he parti cipant had been conti nuous.

I. 5 In no circum stances shall more than one child's benef it be payable in r espect of any one chil d. Wher e enti tl ement to more than one chil d's benefit woul d otherwise exist in respect of a chi ld, thechil d's benefit that is largest shal l be payabl e.

SECTION JCOM PUTATION AND PAYMENT OF BENEF ITS

J. 1 The mem ber organizat ion by which a part ici pant is em ployed shal l, upon separ ati on, informthe secret ar y of the st aff pension comm itt ee of the par ticipant ’s last day of service and shall furnishsuch further infor mation as the secr etary may requir e for the purpose of com put ing the ent it lem ent sunder t he Regul ati ons.

J. 2 (a) The par ticipant shal l specif y in wri ting, on a for m provided for the purpose by thesecr etary of the com mit tee, the benefit and any comm utation thereof elected in accor dance wi th theRegulat ions, instructions wi th respect to the m ethod, curr ency and t he banki ng or ot her inst itution, if

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such be the case, to which paym ent should be made on account of the par ticipant . Subsequentchanges in t he elect ion of benefit s by the part ici pant shall not be accept ed unless:

(i) No paym ent has yet been made by the Fund; and ( ii ) In the case of a def err ed retir ement benef it , in additi on to meeti ng the condit ion

under subpar agr aph ( i) above, no letter of ent it lem ent has yet been sent by the Fund.

(b) In the case of a par ticipant who separates on or aft er 31 Decem ber 1984, or whosedeferred ret irement benefi t com mences after 31 Decem ber 1984, paym ent of the periodi c benefi tshal l be made mont hl y in arr ear s. P aym ent of the periodic benefit s of all other par ticipant s and of thei r benefi ciaries shall be made monthly in advance.

(c) In the case of a par ticipant whose remuner at ion under the terms of appoint ment wasexpr essed in a cur rency ot her than doll ars and who selects such curr ency for the payment of awi thdrawal sett lem ent under art icl e 31(b )(i) , the Chief Execut ive Of fi cer shal l be aut hori zed [as aninci dent of making paym ent under art icl e 47(b )] to make such payment at a rat e of exchange whichwi ll ensur e that the am ount pai d to the part ici pant shall not be less than the amount deduct ed fromhi s rem uneration f or the pur pose of art icl e 25, wi thout interest.

(d) In the event of a di scr epancy in the am ount of a benefi t pai d in ful l in a lump sum, whet her due to an er ror or to amendm ent or revi sion in dat a report ed to the Fund, a cor recti on shall be m ade if t he discr epancy exceeds 25 doll ar s.

(e) Benefit s payabl e under the Regulat ions to the chil dr en of a par ticipant shal l, unl essther e are exceptional circum stances, be paid on thei r behalf to the par ticipant and, upon thepart ici pant’ s deat h, to the sur viving parent or legal guar di an of each chi ld, in accordance, mutatismutandi s, wi th (a) , (b) , ( c) and ( d) above.

J. 3 The par ticipant shal l at the same ti me, wher e ther e is a prospect that a benefi t may becom epayable under arti cl e 37 or 38 of the Regulations, specify simi lar ly the secondary dependant or ot her person designated as the benef ici ary, as the case may be; in the absence of such designati on,paym ent shal l be m ade i n accordance wit h t he designation of the part ici pant under rule B.5 above.

J. 4 The contri butor y ser vice of a part icipant which is used as a multi pl e to obt ain the rat e oram ount of any part icular benefi t shall be calculat ed in year s and fr act ions of years, each complet ecalendar month bei ng deemed equal to one twelft h of a year , and the tot al number of dayscomprised in the incomplet e cal endar months bei ng appor tioned by the addit ion of one month foreach thirt y days or par t thereof of fif teen days or longer ; a resi dual per iod of less than fift een daysshal l be disregarded.

J. 5 The contri butor y ser vice of a part icipant which is used to determi ne el igi bi lit y for a benef itshal l be cal cul ated according to the actual years, mont hs and days comprised therein; for thepurpose of determi ni ng the final average rem unerat ion, incom plete months shall be di sregar dedexcept as pr ovi ded i n arti cl e 1(h ).

J. 6 The contri butor y ser vice of a part icipant shall not include unused annual leave accr ued at thedate of separat ion, for which compensat ion is paid, or any peri od in respect of which paym ent ismade in li eu of noti ce of termi nat ion.

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J. 7 The age of a parti ci pant shall be calculat ed in year s and fr act ions of years fr om the date ofbi rt h to the date of separ at ion, in accordance wit h the method prescribed for the calculati on of cont ributory servi ce in J. 4 above; a parti ci pant shall never theless not be considered to have reachedage fif ty-fi ve, age si xty or age sixty-two unt il hi s or her fi fty-fi ft h, sixti eth or sixt y-second bir thday,as t he case may be, shall have elapsed.

J. 8 The par ticipant , and any per son enti tled thr ough the parti ci pant to a peri odic benef it from theFund, shal l be requi red fr om ti me to ti me to furni sh, to the satisfacti on of the Chi ef ExecutiveOf fi cer , proof that the part ici pant, and any person on whose behal f a benefi t is pai d, rem ai ns ali veand, as the case may be, unm arr ied; the Chief Execut ive Of fi cer may, in hi s or her discret ion,suspend paym ent of a benef it pendi ng the r eceipt of such proof.

J. 9 (a) Any payments made by the Fund to a part ici pant, beneficiar y of a par ticipant or thir dperson other wise than in accordance wit h the Regul at ions of the Fund may be deduct ed fr om anyfuture benef its payable to or on account of the part ici pant under these Regulat ions or may berecover ed di rectly from the per son or estate of the per son to whom any such payments were made. The Chi ef Executive Off icer may, where such an overpaym ent had been att ribut abl e to thesubm ission of incorr ect information to the Fund, recover int erest, as well as admi ni str ati ve costs of10 per cent of the over payment.

(b) The Chi ef Executive Off icer may, where appropri ate, wai ve recovery of all or part of anindebtedness to the Fund. S uch waivers shal l be r eport ed to the S tandi ng Commi ttee annual ly;

(c) Two years af ter di scovery by the Fund that any such payments were made, the Chi efExecuti ve Of ficer, in accordance wit h procedures in the Admi nistrati on Manual, may deem that theam ounts of such paym ent s are unrecoverable and may authori ze that such amounts be wr itt en of f asuncollecti bl e i ndebt edness t o t he Fund.

SECTION KREVIEW AND AP PEAL

General

K. 1 The st aff pension comm itt ee of each member organi zation shall, at the instance of any per sonwho is ent it led to subm it an appli cation under art icle 48 of the Regulations, revi ew any decisi ontaken by i t or by it s secr et ary in t he exercise of powers conferred by the Regulat ions or these Rules.

K. 2 The St anding Comm it tee, act ing on behalf of the Board, shal l in like manner review anydeci sion taken by it under rule H. 1 above in which the medical concl usi ons are in di spute, anydeci sion r ef err ed to it under r ule K.6 bel ow, and any deci si on by the S ecr etary of t he Board which i snot otherwise subj ect t o r eview.

K. 3 The decision shal l, upon review, be ei ther confir med, resci nded, or varied to the extentnecessary to br ing i t i nto conf orm it y with t he Regul ati ons and these Rules.

K. 4 An appeal shal l l ie to the Standi ng Commi tt ee, acti ng on behal f of the Boar d, from the deci sionof a st aff pension comm itt ee taken upon revi ew, and to the Unit ed Nations Administr ati ve Tr ibunal,

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in accordance with arti cle 48 of t he Regul at ions, fr om the deci sion of the S tanding Com mit tee t akenei ther upon appeal as above or upon review under r ul e K.2 above.

Procedu re for revi ew

K. 5 A revi ew shall be init iat ed by deli ver y to the secr etary of the staff pensi on com mi ttee, or to theSecr etary of the Board if the revi ew is by the Standing Comm itt ee, within ni net y days of receipt ofnoti ficati on of the disput ed decision, of a not ice in writ ing stat ing the point s of fact or of lawcont ained in the decisi on which ar e disput ed, and the grounds upon which t he request for t he reviewis founded; the st af f pension comm it tee, or the St anding Com mit tee as the case may be, maynevertheless, upon good cause shown, accept for revi ew a request not ice of which was deliver edaf ter t he expir y of the peri od prescribed above.

K. 6 A revi ew by a staff pensi on commi tt ee shall , unless rule K. 7 below applies, be complet edwi thin sixty days of the del ivery of the not ice pr escri bed under rul e K.5 above, fai ling whi ch therequest shal l be ref err ed by the secret ary to the Secretar y of the Boar d and the review shal lther eupon be made instead by the S tandi ng Commi ttee on behal f of t he Board.

K. 7 (a) Where the out come of the revi ew turns in whol e or in part on the medi cal conclusi ons onwhich the di sputed deci sion was based, the staf f pension com mit tee, or the Standing Com mit tee asthe case may be, shall obt ai n the advice of a medi cal boar d on the corr ect ness or ot her wise of suchconclusions bef ore proceeding with t he review.

(b) The medi cal boar d shal l consist of a medical practi tioner select ed by the part icipant or person requesti ng the revi ew, the medical of ficer of the organi zat ion or a medi cal practit ioner desi gnated by him or her, and a thir d medi cal practi tioner selected in agr eement by the form er twowho shall not be the medical of ficer of a member organi zat ion; the boar d shall under take suchfurt her exam ination of the medi cal conclusions at issue, and/or of the per son who is the subject ofthe review, as it consi der s desirabl e, and shal l report it s conclusi ons in writ ing to the st aff pensioncomm itt ee or the Standi ng Commi ttee, as the case may be, whi ch shall thereupon proceed wit h therevi ew.

( c) If the decisi on resul ting from the review var ies the disputed deci sion, the medi cal fees andexpenses of the medi cal boar d shal l be bor ne by the Fund; if the disput ed decision i s conf ir med, themedi cal fees and expenses of the practi tioner select ed by the part icipant or person requesti ng therevi ew and half the medical fees and expenses of the third practit ioner shal l be bor ne by theappl icant and the remai nder by the Fund; indebt edness by a part ici pant under this rule may berecover ed in accor dance wi th ar ticle 43 of t he Regul ati ons.

Procedu re for appeal

K. 8 ( a) An appeal to the Standi ng Commi tt ee, acti ng on behal f of the Boar d, from the deci sion of ast af f pension comm it tee taken upon revi ew shall be init iat ed by deli ver y to the Secr etary of theBoar d, wit hi n sixt y days of not ifi cation of the deci sion appeal ed against, of a noti ce in wr iti ngst at ing the poi nts of fact or of law contained in the deci si on whi ch ar e disput ed, and the groundsupon which the appeal is founded; the Standi ng Com mi ttee may never theless, upon good causeshown, agr ee to consider an appeal noti ce of which was del ivered aft er the expi ry of the per iodpr escri bed above.

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( b) An appeal to the Uni ted Nati ons Admi nistr ati ve Tr ibunal from the decisi on of the Standi ngComm itt ee, acti ng on behal f of the Boar d, shall be in accordance wit h the St atute and Rules of theTr ibunal.

SECTION LTRANS FER AGREEMENT

L. 1 A parti cipant in the Fund may avai l him sel f or her self of the provisions of any agreemententered into by the Fund for the pur pose of securi ng conti nuity of pension rights under ar ti cle 13 ofthe Regulati ons of the Fund, in accordance with the ter ms of the rel evant agreement.

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Anne x I I

RU LE S OF PROCED URE OF T HEUN IT ED NA TIONS JOINT ST AFF PENSION FUND

The foll owi ng Rules of Procedure have been approved under arti cl e 4(b ) of the Regulati ons bythe Standi ng Commi tt ee on behal f of the Boar d:

SECTION AUNITED NATIONS JOINT STAFF PENSION BOARD

A. 1 In accordance with arti cle 5 of the Regulati ons, the Board shal l be com posed as indi cat ed inappendi x 1 below. T he Board shall meet in regular session not less frequent ly than once in everytwo years at a tim e and pl ace t o be decided by the Boar d or its St anding Com mit tee.

A. 2 Before each regular session of the Boar d, the secr et ari es of the staff pensi on com mi ttees shall noti fy the Secr etary of the Board of the nam es of the persons appointed by the com mi ttees asmembers and alt ernat e member s of the Board in accordance wit h arti cl e 5. They shall remai naccr edi ted unti l the next regul ar sessi on of the Board unl ess the Secretar y of the Boar d is not ifi edthat a com mi ttee has made a change i n i ts representation.

A. 3 Special sessions of the Boar d shal l be hel d upon the decision of the Board or of the Standi ngComm itt ee, or at the request of a major ity of the members of the Board. T he ti me and place of aspecial session shal l be decided by the St anding Com mit tee.

A. 4 Al l sessions of the Board shall be convened by the Secr etary. Items which are proposed byany mem ber of the Board or by any st aff pension comm itt ee, at least one mont h before thebegi nni ng of a regul ar sessi on or fourt een days before the begi nni ng of a speci al sessi on, shal l bepl aced by the Secr et ary on the provi sional agenda and comm unicated to each member of the Boardand to the secr etari es of the comm it tees accompani ed by the necessar y documentation. Other itemsmay be added to the agenda either at the beginning of a session or duri ng a session if the Boar d sodeci des.

A. 5 Subj ect to the provi sions of the Regulations and of these Rules, the Board shal l adopt its ownpr ocedures. A maj or ity of the mem bers of the Boar d, includi ng alt er nat e mem ber s att ending in theabsence of members, shall const itute a quorum, provi ded that not less than three mem ber s fromeach of the thr ee following groups are present:

(a) The General Assembly of the Uni ted Nati ons and the corr esponding bodies of t he other member organizations;

(b) The com pet ent author iti es of member organi zat ions;

(c) The par ticipant s.

A. 6 Deci sions of the Board shall be taken by a m ajorit y of the m embers present and vot ing.

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A. 7 At the openi ng of each regul ar sessi on, the Board shall el ect a chai rman and twovi ce-chai rmen who shall preside at t he meeti ngs of the Board unt il their successor s are el ect ed.

A. 8 A repor t of each session of the Boar d shal l be prepared under the responsi bi lit y of theSecr etary and appr oved by the Boar d. I t shall be di str ibuted as soon as possible to al l mem ber s ofthe Board through the secr et ari es of the staff pensi on com mi ttees.

A. 9 At tendance at Boar d sessions shall be l imi ted t o:

(a) The mem ber s of the Boar d;

(b) One alt ernat e m ember for each m ember of the Board, except that for t he Uni ted Nati onsthe num ber of alternate members shal l be lim ited to the al ternate members of the Uni ted Nati onsSt af f P ension Comm it tee el ected or appoint ed in accordance with ar ti cle 6(a) of the Regulat ions;

(c) For mem ber organizat ions wit h one or two mem ber s on the Boar d, one repr esent ati vefr om each gr oup referred to in A.5 above whi ch is not enti tl ed to a mem ber seat at that Boar dsession;

(d) One representat ive f or each mem ber organizat ion wi thout a member seat on t he Board;

(e) Four representatives, and two alternates, for the Federation of Associ at ions of For mer International Civi l Ser vants (F AFI CS );

(f ) One observer for each organi zat ion or organ invited by the Boar d t o att end t he sessi on;

(g) In an ex offi cio capaci ty, the secretar ies of the st aff pension comm itt ees of membersor ganizati ons and members of the F und's secr etariat designat ed by the S ecr et ary of t he Board.

A. 10 The representat ives ref err ed to in A.9( c), (d) and (e) above shall be accorded the rights of members, except the right to vote. The observers and ex offi cio par ticipant s r eferr ed to in A. 9( f) and(g) shall have the r ight t o speak wi th the perm ission of t he Chair man.

A. 11 The meetings of the Board shall be held in private. The r ecords and al l cor respondence of theBoar d shal l be pri vate and kept in t he car e of the S ecr etary of the Board.

SECTION BSTANDING COM MITTEE

B. 1 At each regular session the Board shall appoint a St anding Comm itt ee composed of fif teenmembers (t ogether wi th one alternate member for each of them ) elected from the mem bers andal ternate members of the Board or of st aff pension comm itt ees. The repr esent ati onal distr ibutionshal l be as indicated i n appendix 2 bel ow.

B. 2 Whenever bet ween sessions of the Board a mem ber or alternate member of the StandingComm itt ee resigns or ceases to be a mem ber or alternate member of a staff pensi on commi ttee,

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anot her member or al ter nat e mem ber shal l be appointed by the commi tt ee to which the for mer member or al ter nat e mem ber belonged, to serve t ill t he next regular session of the Boar d.

B. 3 At it s first session fol lowing the regul ar sessi on of the Board, the Standi ng Commi tt ee shall el ect a chai rman and two vice-chai rmen who shall serve unt il a new Standi ng Com mi ttee has beenappoint ed by the Board.

B. 4 The Standi ng Commi tt ee shall act, when necessary, on behal f of the Board when the Board isnot in sessi on. I t shall decide indivi dual cases refer red to it, exercise a gener al contr ol on theoper ati ons of the Fund and perf orm such addi tional specifi c functi ons as may fr om ti me to ti me beassi gned to it by the Boar d. T he St anding Comm itt ee may on its own ini tiati ve and shal l at therequest of the Board or of any staff pensi on commi tt ee ini ti ate pr eparator y wor k on any poli cyquestions to the end that such quest ions be eff ect ively considered by t he Board.

B. 5 The Standi ng Commi tt ee shall submi t a report to the Board at each regul ar sessi on on actiontaken by i t since the previous regul ar sessi on.

B. 6 Meet ings of the St anding Com mit tee shal l be convened by the Secret ar y upon the instr uct ionsof t he Chair man, aft er consultation wit h i ts members.

B. 7 Records of all meeti ngs of the Standing Comm itt ee shall be prepared under the responsibi li tyof the Secretar y and approved by the Commi tt ee. T hey shal l be distr ibuted as soon as possible tothe mem ber s of the S tanding Com mit tee t hrough t he secretar ies of t he st aff pension comm itt ees.

B. 8 A major ity of t he members of the S tandi ng Commi ttee, includi ng alt er nat e m em ber s att endingin the absence of members, shal l consti tut e a quor um , provided that the three groups compr ising acomm itt ee under the provisions of ar ticle 6 of the Regulat ions are each repr esented by not less thantwo mem ber s. Deci si ons of the Standing Comm itt ee shall be taken by a majori ty of the member spr esent and vot ing.

B. 9 At tendance at m eet ings of the S tanding Com mit tee shal l be lim it ed to:

(I ) (a) The mem ber s of the S tanding Com mit tee;

(b) One alt ernat e m ember for each m ember of the Standi ng Commi tt ee;

(c) One representat ive from each gr oup referred to in B. 8 above of an or ganizat ion orgr oup of organi zat ions whi ch, due to the rot ati on of seats among such groups, is not entit led to amember seat at that meeting of the S tanding Com mit tee;

(d) One representat ive f or each mem ber organizat ion wi thout a member seat on t he Board;

(e) Two representat ives, and t wo al ter nates, f or FAFICS;

(f ) One observer for each organi zat ion or organ invited to att end meet ings of the Standi ngComm itt ee;

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(g) In an ex offi cio capaci ty, the secretar ies of the st aff pension comm itt ees of member or ganizati ons and members of the F und's secr etariat desi gnated by the S ecr etary of the Board.

(I I) (a) In any year when the Board does not sit in regular session, att endance at the meet ing ofthe Standi ng Commi tt ee whi ch is held in li eu of the session of the Boar d shall be as pr ovi ded above, wi th the additi on of an extr a repr esent ati ve fr om each organization who belongs to a gr oup referredto in B.8 above which is not ot her wi se ent it led to a member, al ter nate, or repr esent ati ve at thatmeet ing;

(b) In cases where the agenda of a meeti ng of the Standi ng Com mi ttee is lim ited toconsiderat ion of review and appeal cases under Secti on K of the Admi nistrati ve Rul es, attendanceshal l be l im ited t o mem ber s and any alt ernat e m ember at tendi ng in the absence of a m ember.

B. 10 The representat ives ref err ed to in rule B. 9( I)( c), (d) and (e) and B.9( II) (a) above shall beaccorded the ri ght s of mem bers, except the right to vot e. T he obser ver s and ex offi cio par ticipant sreferred to in rul e B. 9( I)( f) and (g) above shal l have the right to speak with the per mi ssi on of theChai rman.

B. 11 The meetings of the Standi ng Commi tt ee shall be held in pr ivate. The records and al lcorr espondence of t he Commi tt ee shall be pr ivate and kept i n the care of the Secret ar y of t he Board.

SECTIO N CSTAFF PENSION COMMITTEES

C. 1 The com posit ion of the staff pensi on commi tt ee of each mem ber organi zat ion shal l be inaccordance with the provisions of ar ticle 6 of the Regulat ions. E ach comm it tee shal l hold at leastone regular meeting each year. Special meet ings shall be held eit her at t he decision of t he chair man,at t he request of the compet ent authori ty or at the request in wri ti ng of three members.

C. 2 A major ity of the members entit led to be present shall const itute a quorum , provided that thethree groups compr ising the com mit tee under the pr ovisi ons of arti cl e 6 ar e represent ed. S ubject toadmi nistrati ve rul e H.1, decisi ons of the commi ttee shall be taken by a majorit y of the memberspr esent and vot ing.

C. 3 Each commi tt ee shall el ect a chairm an at it s f ir st regul ar sessi on of each year.

C. 4 Each commi tt ee may appoint a st anding comm it tee to transact cur rent business when thecomm itt ee is not i n session. E ach of t he three gr oups com pr isi ng the comm it tee shall be r epresent edon the standing comm itt ee. Any acti on taken by the standi ng commi tt ee shall be reported to thecomm itt ee at it s f ol lowing session.

C. 5 Records of all meeti ngs of the com mi ttee and it s standi ng commi ttee shall be pr epared underthe responsi bil ity of the secretar y of the comm itt ee. They shall be approved by the commi tt ee anddi st ributed as soon as possi ble to all mem bers of the comm it tee and to the S ecr etary of the Board.

C. 6 Subj ect to the provi sions of the Regulations and of these Rules, each comm it tee shal l regulat eit s own pr ocedures.

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C. 7 Upon the recomm endat ion of each comm itt ee, the com petent aut hor ity of each memberor ganizati on shall appoint a secretary and m ay appoi nt a deputy secr etary to the com mit tee.

C. 8 The meetings of the com mit tees shall be held in pr ivate. The records and al l corr espondenceof t he com mi ttee shall be pr ivate and kept i n t he care of the secr et ary of t he com mi ttee.

C. 9 Comm uni cat ions bet ween par ti cipant s and the Chi ef Executive Off icer of the Fund shal lnorm all y be made thr ough the secretaries of com mit tees, but any part ici pant may, if cir cum st anceswarr ant , com municate di rectl y with the Chi ef Executi ve Off icer, who shall infor m wheneverappr opr iat e the secr etary of the com mit tee.

C. 10 Each commi tt ee may delegat e to its secr etary, subj ect to such procedure for supervisi on andreporti ng as the com mit tee m ay consi der appr opr iat e, the power of acting on its behalf in connecti onwi th al l str aightf or war d i ndivi dual cases, except those involvi ng di sabili ty.

SECTION DMEDICAL CONSULTANT

D. 1 The Board or the S tandi ng Commi ttee shall appoi nt a Medical Consul tant, who shall assist t heBoar d i n all medical quest ions.

D. 2 In order to ensure the uni form appli cat ion of the medical st andards prescr ibed by the Boar d, the Medical Consul tant and the medical off icers of the mem ber organi zat ions shall maintai n cont inuous and regul ar contact. T he medical of ficer s of the member organi zations may be invitedby the Medical Consultant to furni sh infor mation on the manner in which these medi cal standardsar e bei ng appli ed by them and shal l, when requested, furni sh to the Medical Consul tant the relevantmedi cal information as det er mined by the Medical Consul tant .

D. 3 The Medical Consul tant shall pr epare, for each regul ar sessi on of the Boar d, a repor t on theappl ication of the medi cal standar ds pr escri bed by the Board and on medical inf orm ati on af fecti ngthe granti ng of benefit s f rom t he Fund.

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Ap pendi x 1

CO MP OSITIO N OF THE BOARD

G RO UP N O. O FM EM BERS

C OM PO SI TIO N

I . U NI TED N ATIO N S

1 2

U NI TED N ATI ON S S TA FF P ENS IO N COMMI TTEE4 FRO M MEMBERS ELECTED BY THE G ENERA L A SSEMBLY

4 FRO M MEMBERS APPO IN TED BY THE S ECRETARY -G ENERA L

4 FRO M MEMBERS ELECTED BY THE PARTICIPA NTS

I I. F AO

3

F AO S TA F F PEN SI ON CO MMITTEE1 FRO M MEMBERS ELECTED BY THE G O VERN IN G BO DY

1 FRO M MEMBERS APPO IN TED BY THE D I RECTOR-G ENERA L


W HO

3

W HO S TA F F PEN SI ON CO MMITTEE1 FRO M MEMBERS ELECTED BY THE G O VERN IN G BO DY

1 FRO M MEMBERS APPO IN TED BY THE D I RECTOR-G ENERA L


I II . U NESCOI LO

I AEA

2 2 2

S TAFF PEN SI ON CO MMITTEES I N G ROU PS I II , IV A ND V

5 FRO M MEMBERS ELECTED BY THE G O VERN IN G BO DI ES

I V. U NI DO W IP OI CA OI TU

1 .5 1 .5 1 .5 1 .5

5 FRO M MEMBERS APPO IN TED BY THE CH IEF EX ECUTIV E

O FFI CERS

V . W MO I MO

I FA D

1 1 1 5 FRO M MEMBERS ELECTED BY THE P A RTICIPA NTS

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App en di x 2

COMPO SITIO N OF TH E STANDING COMMITTEE

G RO UP N O. O FM EM BERS

C OM PO SI TIO N

I . U NI TED N ATIO N S

6 U NI TED N ATIO N S STAF F P EN S IO N CO MMI TTEE2 FRO M MEMBERS ELECTED BY THE G ENERA L A SSEMBLY

2 FRO M MEMBERS APPO IN TED BY THE S ECRETARY -G ENERA L


S TAFF P ENSIO N CO MMITTEES IN G ROU PS I I, I II , I V A ND V

3 FRO M MEMBERS ELECTED BY G O VERN IN G BO DI ES

3 FRO M MEMBERS APPO IN TED BY THE CH IEF EX ECUTIV E

O FFI CERS

3 FRO M MEMBERS ELECTED BY THE P A RTICIPA NTS

I I. W HO F AO

I II . U NESCOI LO I AEA

I V. UN I DO /W I PO I CA O/ITU

V . WMO /I MO /IF AD

1 .5 1 .5

1 1 1

1 1

1

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An nex I II

Pension Adjustment System of theUnited Nations Joint Staff Pension Fund

CONTENTS

Sections Paragraphs

A. General description.............................................................................................. 1 - 3B. Benefits involved................................................................................................. 4C. Determination of base amounts............................................................................ 5D. Cost-of-living differential factors......................................................................... 6E. Special adjustment for small pensions.................................................................. 7 - 10F. Supplementary measures................................................................................... 11G. Sources of data affecting adjustments................................................................ 12 - 16H. Subsequent adjustments of the benefit............................................................... 17 - 22I. Payment of the benefit....................................................................................... 23 - 26J. Deferred retirement benefit................................................................................ 27K. Survivors' benefits............................................................................................. 28L. Flat-rate benefits................................................................................................ 29M. Determination of entitlements............................................................................ 30N. Country of residence.......................................................................................... 31 - 32O. Existing beneficiaries........................................................................................ 33 - 34P. Interim and transitional measures for calculation of the local currency

base amount..................................................................................................... 35 - 37Q. Special measure for determination of the local currency base amount in certain countries with a new currency unit……………………………………...38

* * *

The Pension Adjustment System of the United Nations Joint Staff Pension Fund was adopted bythe United Nations General Assembly by resolution 37/131 of 17 December 1982 and has beenamended by the Assembly a number of times since then, following recommendations made bythe United Nations Joint Staff Pension Board.

* * *

Appendix - Special Index for Pensioners

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A. GENERAL DESCRIPTION

1. Pension adjustment is intended to ensure that, subject to paragraph 23 below, a periodicbenefit payable by the United Nations Joint Staff Pension Fund never falls below the "real" valueof its United States dollar amount and to preserve its purchasing power as initially established inthe currency of the recipient's country of residence.

2. The "real" value of a Unit ed St ates dol lar amount is the base amount as determi ned under theRegulations of the Fund, adjusted over time for movements of the United States consumer priceindex (CPI), while the purchasing power of a recipient's benefit, once established in localcurrency, is preserved by adjusting it for movements of the consumer price index in therecipient's country of residence.

3. The operation of the Pension Adjustment System involves keeping a record of two amountsfor a beneficiary1/:

(a) one in United States dollars, which is adjusted periodically to reflect changes in theUnited States CPI;

(b) the other, if applicable, in local currency, which is adjusted periodically to reflectchanges in the CPI in the beneficiary's country of residence.

B. BENEFITS INVOLVED

4. Except as otherwise noted (e.g., in paragraphs 5(d), 10 and 27 below with regard todeferred retirement benefits), the Pension Adjustment System applies to retirement, earlyretirement, deferred retirement, disability, widow's, widower's, child's and secondary dependant'speriodic benefits. It does not apply to withdrawal or other lump-sum payments, including thosederived from the partial or total commutation of a periodic benefit, nor does it apply to anybenefit arising from voluntary deposits. Adjustments operate on benefits based on standard,minimum and maximum formulae, including those that are based on flat dollar amounts.

C. DETERMINATION OF BASE AMOUNTS

5. The two base amounts for beneficiaries are determined as follows:

(a) A dollar base amount is established on the basis of the basic pension determined inaccordance with the Regulations of the Fund and excluding, where necessary, any portionelected under the commutation provisions of the Regulations, but reflecting, where applicable,any special adjustment determined under section E below.

(b) A local currency base amount is calculated for the country of residence established pursuant to section N below, as follows:

(i) A cost-of-living differential factor is established for the country of residence andthe month of separation in accordance with section D below. This factor is appliedto that portion of the final average remuneration which does not exceed the

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pensionable remuneration, on the date of separation, in the scale referred to inarticle 54(b) of the Regulations, at the top step of the grades set out below:

P-2: for separations before 1 April 1992;P-4: for separations on or after 1 April 1992;

for disability benefits commencing after 1 January 1991 and for otherbenefits derived therefrom; and for survivors' and other benefits due to deathsin service of participants occurring on or after 1 January 1991. The resultingamount is added to the final average remuneration;

(ii) A notional dollar base amount is established on the basis of the adjusted finalaverage remuneration as per (i) above and in accordance with the Regulations,excluding that percentage of the base pension which was commuted into a lumpsum;

(iii) The local currency amount is then derived by applying to item (ii) the average,computed over the 36 consecutive calendar months up to and including the monthof separation, of the exchange rates between the United States dollar and thecurrency of the country of residence.

(c) For beneficiaries to whom the interim and transitional measures set out in section Pbelow apply, the local currency base amount calculated in (b) above shall be subject to theminimum determined in accordance with section P below.

(d) The cost-of-living differential factor in subparagraph 5(b)(i) above shall not apply todeferred retirement benefits.

D. COST-OF-LIVING DIFFERENTIAL FACTORS

6. The cost-of-living differential factor referred to in subparagraph 5(b)(i) above is computedas follows:

(a) For participants in the Professional and higher categories:

(i) The excess, if any, of the number of classes of post adjustment in the country ofresidence over that of New York is determined for each of the 36 consecutivecalendar months up to and including the month of separation. In this process,partial classes are converted to decimal fractions (rounded to two places) ofcomplete classes;

(ii) A 36-month average excess of post adjustment classes is then computed byaveraging the 36 individual results (including those months, if any, when therewas no excess);

(iii) If there is more than one post adjustment classification for the country ofresidence, the one producing the highest 36-month average excess is used. If thereis no post adjustment classification, the classification of another country with

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comparable cost of living is substituted, under a procedure to be developed jointlyby the United Nations Joint Staff Pension Board and the International CivilService Commission;

(iv) The applicable cost-of-living differential factor is finally derived from thefollowing applicable table, the result being interpolated, when necessary, betweenthe factors applicable for two exact numbers of classes of post adjustment:

Separations before 1 April 1992

36-month average excess of postadjustment classes over that of

New York

Cost-of-living differential factor(percentage)

Less than 4 0

4 3

5 7

6 12

7 17

8 22

9 28

10 34

11 40

12 or more 46

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Separations on or after 1 April 1992; disability benefitscommencing after 1 January 1991 and other benefits derivedtherefrom; and survivors' and other benefits due to deaths in

service occurring on or after 1 January 1991

Less than 1 0

1 3

2 8

3 14

4 19

5 25

6 31

7 38

8 45

9 52

10 60

11 68

12 76

13 85

14 94

15 or more 104

(v) In countries where cost-of-living differential factors are applicable and where therates of taxation are lower than the staff assessment, reduction factors, determinedby the Special Index for Pensioners in accordance with the appendix hereto, shallbe applied to the above cost-of-living differential factors.

b) For participants in the General Service category whose country of residence afterseparation is other than the country of their duty station at the time of separation:

(i) A midpoint net salary, both with and without the pensionable non-residentallowance but without the language allowance, is defined for each duty station asthe average, in local currency, of the net salary at step I of the lowest level of theUnited Nations General Service salary scale in that duty station and the net salaryat the top step of the highest level in that scale, but without taking into account theextended General Service levels;

(ii) The midpoint net salary, without the pensionable non-resident allowance, in effectduring the month of separation in the duty station of the country of residence afterseparation is averaged with the corresponding midpoint net salary three years

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earlier. If there is more than one duty station in that country, the one producingthe highest average midpoint net salary is used. If there is no duty station in thecountry, a duty station of another country with comparable cost of living will besubstituted, under a procedure to be developed jointly by the United Nations JointStaff Pension Board and the United Nations. The resulting amount is convertedinto United States dollars by the application of the average, computed over the 36consecutive calendar months up to and including the month of separation, of theexchange rates between the United States dollar and the currency in which themidpoint net salary is denominated;

(iii) The midpoint net salary, with the pensionable non-resident allowance, in effectduring the month of separation in the participant's duty station is averaged withthe corresponding midpoint net salary three years earlier. The resulting amount isconverted into United States dollars by the application of the average, computedover the 36 consecutive calendar months up to and including the month ofseparation, of the exchange rates between the United States dollar and thecurrency in which the midpoint net salary is denominated;

(iv) A ratio of midpoint net salaries is then determined by dividing the United Statesdollar amount in (ii) above by the United States dollar amount in (iii) above,rounding the result to two decimal places and multiplying it by 100;

(v) The applicable cost-of-living differential factor is finally derived from thefollowing tables, the result being interpolated, where necessary, between thefactors applicable to the next higher and the next lower ratio in the followingapplicable table:

Benefits based on separation or death in service before 1 July 1995and other benefits derived therefrom

Ratio of midpoint net salaries Cost-of-living differential factor(percentage)

Less than 122 0

122 3

128 7

134 12

141 17

148 22

155 28

162 34

171 40

180 or more 46

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Benefits based on separation or death in service after 1 July 1995and other benefits derived therefrom

Ratio of midpoint net salaries Cost-of-living differential factor(percentage)

Less than 105 0

105 3

110 8

116 14

122 19

128 25

134 31

141 38

148 45

155 52

163 60

171 68

180 76

189 85

198 94

208 or more 104

(vi) The Special Index referred to in subparagraph 6(a)(v) above shall not be appliedto the cost-of-living differential factors for participants from the General Servicecategory.

(c) No cost-of-living differential factor shall be determined for participants in theGeneral Service category whose country of residence after separation is the country of their dutystation at the time of separation. In other words, no adjustment shall be made to the final averageremuneration of such participants for purposes of subparagraph 5(b) above.

E. SPECIAL ADJUSTMENT FOR SMALL PENSIONS

7. Whenever the dollar amount of the standard annual rate of a retirement or a disabilitybenefit under the Regulations of the Fund, before commutation and based on 15 or more years ofcontributory service, is less than the highest dollar amount in the applicable table below, thebenefit shall be subject to a special adjustment as follows:

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Separations before 1 April 1993

Annual amount of pension Special adjustment (percentage)

$4 000 0

3 800 3

3 600 7

3 400 12

3 200 17

3 000 22

2 800 28

2 600 34

2 400 40

2 200 or less 46

Separations on or after 1 April 1993 but before 1 July 1995


$6 500 0

6 250 3

6 000 6

5 750 9

5 500 12

5 250 15

5 000 18

4 750 21

4 500 25

4 250 28

4 000 31

3 750 34

3 500 37

3 250 40

3 000 43

2 750 or less 46

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Separations on or after 1 July 1995


$6 500 0

6 250 3

6 000 7

5 750 12

5 500 17

5 250 22

5 000 28

4 750 34

4 500 40

4 250 52

4 000 60

3 750 68

3 500 76

3 250 85

3 000 94

2 750 or less 104

8. The special adjustment for an annual amount which falls between two amounts in theabove tables is obtained by interpolation with the result rounded to two decimal places. Theamount resulting from the application of the special adjustment is added to the dollar baseamount for purposes of subparagraph 5(a) above.

9. Beneficiaries in receipt of retirement or disability benefits which commenced before 1961and which amounted to less than $4,000 on 1 January 1982 became entitled on that date to thespecial adjustment specified in paragraphs 7 and 8 above, even if their benefits were based onless than 15 years of contributory service.

10. No special adjustment shall be made in the case of early or deferred retirement benefits. Inthe case of widow's, widower's, child's (including orphan's) and secondary dependant's benefits,a special adjustment is applied only if those benefits are derived from benefits which themselveswere (or would have been) subject to a special adjustment. In that case, the special adjustmentfactor shall be the same as the one which had (or would have) been applied to the retirement ordisability pension from which the benefit is derived.

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F. SUPPLEMENTARY MEASURES

11. Beneficiaries in receipt of retirement or disability benefits or of widow's, widower's orsecondary dependant's benefits derived therefrom, who were aged 75 or over on 1 January 1982and whose annual retirement or disability benefit on that date was below 50 per cent of the thennet base salary of a staff member at grade P-1, step I, became entitled from that date to receive athirteenth monthly payment every year. The thirteenth payment shall be calculated in such a waythat the total annual benefit payable to a beneficiary above the limit is not less than the amountpayable to a beneficiary just below the limit.

G. SOURCES OF DATA AFFECTING ADJUSTMENTS

12. For the purposes of subparagraph 6(a) above, the number of classes of post adjustment in agiven country for a given month are taken from information provided by the International CivilService Commission.

13. For purposes of subparagraph 6(b) above, the midpoint net salaries are determined from theUnited Nations General Service salary scale for the particular duty station. If the duty station hasbeen in existence less than three years, the midpoint net salary in effect during the month ofseparation is averaged with the corresponding midpoint net salary at the time that the duty stationwas established.

14. For measuring changes in the CPI for the United States and for a particular country ofresidence, the index used is the official CPI for the country as a whole issued by the nationalGovernment and published in the United Nations Monthly Bulletin of Statistics. Where no suchindex is published in the United Nations Monthly Bulletin of Statistics for a particular country orarea, another regularly published index specified by the Statistics Division of Department ofEconomic and Social Affairs of the United Nations may be utilized. Once an index has beenutilized to give effect to an adjustment, any subsequent amendment or correction of that indexwill not give rise to retroactive correction of the adjustment.

15. Because of the time-lag which exists between the date when the CPI (for any country) ispublished in the United Nations Monthly Bulletin of Statistics and its effective date, the indexused on a given adjustment date is that for the fourth month immediately preceding the date ofthe adjustment. As an example, the index applicable for the measurement of a possibleadjustment on 1 April 2001 would be the index published for December 2000. However, if theapplicable index is not available within two months after the adjustment date, then the latestavailable index prior to that of the fourth month immediately preceding the date of adjustment isutilized for the measurement of a possible adjustment effective as from the adjustment date.

16. For the purposes of subparagraphs 5(b)(iii) and 6(b)(ii) and (iii) above, and paragraphs 23and 27 below, the official United Nations operational rates of exchange shall be used.

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H. SUBSEQUENT ADJUSTMENTS OF THE BENEFIT

17. As stated in paragraph 3 above, each beneficiary's record contains a United States dollaramount and, if applicable, an amount in the currency of his or her country of residence. Theseamounts, having first been determined in accordance with sections C, D and E above, aresubsequently adjusted on an annual basis, on 1 April in accordance with the following procedure:

(a) The dollar amount is adjusted by the ratio of the United States CPI applicable on thedate of the adjustment to the United States CPI last utilized;

(b) The local currency amount is adjusted in the same manner, but using the CPI for thecountry of residence.

18. No adjustment is made in either the dollar amount or the local currency amount if theapplicable CPI has moved by less than 2 per cent since the date of the last adjustment. The ratioof the CPI at one time to the CPI at another time is rounded to three decimal places.

19. If the applicable CPI has moved by 10 per cent or more since the date of the lastadjustment, the adjustment of the dollar amount or the local currency amount, as the case maybe, is made on a semi-annual basis on 1 April as stated in paragraph 17 above and also on 1October.

20. The initial adjustments due after separation (or death, as the case may be), to both thedollar and the local currency amounts, shall be reduced by 1.5 percentage points except in thecase of the benefits under section E above and the minimum benefits under the Regulations.

21. No adjustment is made on the date immediately following separation (or death as the casemay be) even if such date coincides with the annual adjustment date. Except as provided inparagraph 22 below, all new entitlements become eligible for a possible adjustment, ifapplicable, on the annual adjustment date next following their effective date, at which time anyadjustment due is pro-rated according to the period since separation. For example, acost-of-living increase assumed to apply on 1 April 2001, would increase benefits by:

- The entire percentage of increase for separations before April 2000;- 11/12 of the increase for separations in the month of April 2000;- 10/12 of the increase for separations in the month of May 2000;- 9/12 of the increase for separations in the month of June 2000;- 8/12 of the increase for separations in the month of July 2000;- 7/12 of the increase for separations in the month of August 2000;- 6/12 of the increase for separations in the month of September 2000;- 5/12 of the increase for separations in the month of October 2000;- 4/12 of the increase for separations in the month of November 2000;- 3/12 of the increase for separations in the month of December 2000;- 2/12 of the increase for separations in the month of January 2001;- 1/12 of the increase for separations in the month of February 2001;- 0 per cent for separations after February 2001.

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22. If an adjustment is made on a semi-annual basis in accordance with paragraph 19 above,the pro-rating of the new entitlements referred to in paragraph 21 above is made over asix-month period. A cost-of-living increase assumed to apply on 1 October 2001, for example,would increase benefits by:

- The entire percentage of increase for separations before April 2001;- 5/6 of the increase for separations in the month of April 2001;- 4/6 of the increase for separations in the month of May 2001;- 3/6 of the increase for separations in the month of June 2001;- 2/6 of the increase for separations in the month of July 2001;- 1/6 of the increase for separations in the month of August 2001;- 0 per cent for separations after August 2001.

I. PAYMENT OF THE BENEFIT

23. Where a beneficiary resides in a country other than the United States, the determination ofthe amount of the periodic benefit payable in a given month is made as follows:

The dollar amount as initially determined under subparagraph 5(a) above and then adjustedunder section H above, is converted to the local currency equivalent by using the exchange ratein effect for the month preceding the calendar quarter of that payment. The resultant amount iscompared to the local currency amount as initially determined under subparagraph 5(b) aboveand then adjusted under section H above. Except as provided in paragraph 25 below, thebeneficiary is entitled, until the next quarter, to the greater of the local currency amount or thelocal currency equivalent of the dollar amount, subject to a maximum of: (a) 120 per cent of thelocal currency amount with respect to benefits payable on account of separations or deaths inservice before 1 July 1995 and other benefits derived therefrom; (b) 110 per cent of the localcurrency amount with respect to benefits payable on account of separations or deaths in serviceon or after 1 July 1995 and other benefits derived therefrom.

24. No change is made in the two amounts during the months within each quarter. Thus,changes in the exchange rate within a quarter are ignored for all purposes, irrespective of thecurrency of payment chosen under article 47 of the Regulations, and no retroactive adjustment ismade.

25. An exception to the rule outlined in paragraph 24 above may be made if certain events(e.g., sudden redenomination of a currency or a very high rate of inflation) result in a real loss ofpurchasing power of more than 20 per cent in the beneficiary's benefit.

26. (a) For countries where the application of the local-currency track would lead toaberrant results, with wide fluctuations depending on the precise commencement date of theunderlying benefit entitlement, establishment of a local currency base amount in accordance withsection C may be discontinued by the Chief Executive Officer of the Pension Fund. In suchcases, the Chief Executive Officer shall duly inform the Board or the Standing Committee of thisaction, as soon as feasible.

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(b) Aberrant results in (a) above may be due, inter alia, to:

(i) Very high inflation rate and an exchange rate which either remained fixed orwhose fluctuation was very limited in relation to the level of the inflation rate;

(ii) The 36-month average of exchange rates covered different currency units orincluded a currency unit that was no longer applicable;

(iii) Substantial depreciation of the local currency, combined with non-existent,inconsistent or outdated information on the movement of the country's consumerprice index.

(c) For countries where up-to-date CPI data is not available, after examining possiblealternative sources of cost-of-living data and taking into account the particular circumstances ofthe beneficiaries residing in those countries, the application of the local currency track may besuspended; such suspensions shall apply only prospectively, with due notice given to thebeneficiaries concerned.

J. DEFERRED RETIREMENT BENEFIT

27. (a) For participants whose date of separation was before 31 December 1989, no adjust-ment shall be applied to deferred retirement benefits prior to the beneficiary's reaching age 50.Commencing at age 50 or the date of separation, if later, the base dollar pension undersubparagraph 5(a) above is adjusted by the United States CPI in accordance with section Habove, without retroactive effect. The two-track adjustment system becomes operative on thedate of commencement of the payment of the periodic benefit. At that time a local currency baseamount is established by applying to the adjusted dollar amount the average exchange rate overthe 36 consecutive months up to and including the month of first payment.

(b) For participants separating from service on or after 31 December 1989, noadjustment shall be applied to deferred retirement benefits prior to the beneficiary's reaching age55. Commencing at age 55 or the date of separation, if later, the adjustment procedures set out in(a) above shall be applied to the deferred retirement benefits.

K. SURVIVORS' BENEFITS

28. Benefits payable to survivors are established at the time of the survivor's entitlement. Thestarting point is the notional or adjusted pension immediately prior to the participant's date ofdeath, with due allowance for any pension previously commuted.

L. FLAT-RATE BENEFITS2/

29. The initial amount of each flat-rate benefit shall be determined on the basis of its "real"value in United States dollar terms by applying to it the movement of the United States CPI since1 January 1973 (the date on which adjustments were first applied to the dollar amounts specifiedin the Regulations for these benefits).

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M. DETERMINATION OF ENTITLEMENTS

30. Until satisfactory proof is submitted to show in which country the beneficiary is residingand other required formalities are completed, only the dollar amount of the pension (determinedas in section C and adjusted as described in sections E and H above) is paid. If such proof isprovided within six months from the date of entitlement, the local currency base amount iscomputed from that date, with retroactive adjustment if it results in a greater benefit. However, ifproof of residence is not provided within six months from the date of entitlement, the localcurrency base amount becomes payable only as from the first day of the quarter followingacceptance of such proof, with no retroactive adjustment.

N. COUNTRY OF RESIDENCE

31. (a) A beneficiary may at any time submit proof of residence in the country of his or herchoice. Such proof must be in a form acceptable to the Pension Fund. Once proof of residencehas been accepted, payment of the benefit is made in accordance with the procedures describedin sections I and M above. A beneficiary who subsequently relocates may change his or hercountry of residence by submitting satisfactory proof of residence in the new country, but norequest for a change of the country of residence will be accepted unless it is accompanied bysatisfactory proof of relocation.

(b) Reversion to the United States dollar entitlement alone may be permitted on acase-by-case basis for beneficiaries who, for compelling personal reasons, move from a high-costto a low-cost country after having provided proof of residence, subject to the followingconditions:

(i) The move was to the country of nationality of the beneficiary or of a familymember, or to the country of a former duty station of the retiree, or was due toother personal and compelling reasons; and

(ii) The beneficiary had been on the two-track system for a minimum period of oneyear before the submission of the request for such reversion.

32. If a beneficiary changes his country of residence and provides satisfactory proof to thateffect, then, starting on the first day of the quarter following arrival in the new country ofresidence, his or her local currency amount is recomputed as if he or she had always resided inthe new country of residence. All changes in country of residence must be reported promptly,i.e., no later than six months from the date of arrival, and satisfactory proof of residence in thenew country has to be provided as in section M above. If such proof is not provided within sixmonths from the date of arrival, the local currency amount is nevertheless recomputed as if thebeneficiary had always resided in the new country of residence, but it becomes effective only asfrom the first day of the quarter following acceptance of such proof, with no retroactiveadjustment, except that the Fund has the right to recover excess benefit payments made if it isfound that the benefit payments since the date of arrival in the new country would have beenlower if the change had been reported on a timely basis.

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O. EXISTING BENEFICIARIES

33. The 1.5 percentage point reductions referred to in paragraph 20 above shall also be applied,on the occasion of the first adjustments due after 1 January 1985, to both the dollar and the localcurrency amounts of the benefits of existing beneficiaries, except for benefits whose dollar baseamounts had been established under either the minimum provisions of the Regulations or undersection E above. Beneficiaries under section F above shall also be excluded from thesereductions.

34. Existing beneficiaries, who were in receipt of a benefit on 1 January 1985 and who hadsubmitted, prior to that date, satisfactory proof of residence in countries other than the UnitedStates, will remain entitled to the United States dollar amount of their benefits as at 31 December1984, notwithstanding the limitation specified in paragraph 23 above. However, in the event of asubsequent upward adjustment, the United States dollar amount of their benefits shall be subjectto the said limitation3/.

P. INTERIM AND TRANSITIONAL MEASURES FOR CALCULATION OF THELOCAL CURRENCY BASE AMOUNT4/

35. For countries where the 36-month average exchange rate under subparagraph 5(b)(iii)showed an overall decline during the years 1986 and 1987, the local currency base amount forcertain participants in the Professional and higher categories, who separated or died in serviceduring the years 1987 through 1990, shall not be less than the amount derived by applying, to thedollar base amount in subparagraph 5(a), the average monthly ratio between the local currencybase amount and the dollar base amount during 1987. For each such country, the ratio for eachmonth in 1987 shall be determined by dividing the local currency base amount derived fromsubparagraph 5(b) by the dollar base amount derived from subparagraph 5(a), for a participant atgrade P-4, step XII, retiring with twenty years of contributory service who becomes entitled to aretirement benefit as of the first day of the month following his retirement.

36. The amount derived under paragraph 35 shall be applicable:

(a) To the benefits of participants who separated from service, or died in service, duringthe years 1988, 1989 or 1990, and to survivors' and other benefits derived therefrom, except fordeferred retirement benefits and survivors' and other benefits derived therefrom;

(b) To the benefits of participants who separated from service, or died in service, duringthe year 1987 and to survivors' and other benefits derived therefrom, except for early retirementand deferred retirement benefits and survivors' and other benefits derived therefrom, providedthat any adjustment hereunder shall be payable only as from 1 January 1988.

37. Participants in the Professional and higher categories, who separated from service or diedin service between 1 January 1991 and 31 March 1992, and who were age 55 or above on 31December 1990, shall be entitled to no less than the local currency base amount to which theywould have become entitled under paragraphs 35 and 36 above, if they had separated on 31December 1990, at the age and with the final average remuneration and contributory serviceattained on that date.

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Q. SPECIAL MEASURE FOR DETERMINATION OF THELOCAL CURRENCY BASE AMOUNT IN CERTAIN COUNTRIES

WITH A NEW CURRENCY UNIT

38. (a) For countries where a new currency unit was introduced on or after 1 January 1990which represented, at the time of its introduction, an increase in the value of the local currency,in relation to the United States dollar, of at least 100 per cent, the local currency base amountunder, paragraph 5(b)(iii) above shall be determined in the following manner:

(i) For beneficiaries separating before or during the month of introduction of the newcurrency unit: by applying to the dollar base amount, as adjusted under section Habove to the date of introduction of the new local currency unit, the UnitedNations operational exchange rate in effect as of such date;

(ii) For beneficiaries separating after the end of the month of introduction of the newcurrency unit: by applying to the dollar base amount the average of the UnitedNations operational exchange rates for the new local currency unit over the periodfrom the effective month of introduction of the new currency unit to the month ofseparation, up to a maximum of 36 months.

(b) This special measure shall apply to all beneficiaries who have provided, or willprovide in future, proof of residence in a country which meets the criteria in (a) above.

(c) (i) The local currency base amount determined in accordance with (a)(i) above shallbe adjusted by the consumer price index movement, in accordance with section H above, as fromthe date of introduction of the new currency unit;

(ii) The local currency base amount determined in accordance with (a)(ii) above shallbe adjusted by the consumer price index movement, in accordance with section Habove.

(d) The local currency amount calculated under this special measure will be paid onlywith effect from the first day of the quarter following submission of proof of residence, or incases where proof of residence had been submitted earlier, as from the first day of the quarterfollowing the date of introduction of the new local currency unit, with retroactive effect only asfrom 1 January 1996.

(e) Should the new local currency unit depreciate against the United States dollar by 50per cent or more from its value on the date of introduction, beneficiaries covered by the specialmeasure may exercise an option, within two years as from the date of implementation of thespecial measure, 1 January 1997, to withdraw their proof of residence and to have their pensionbenefits paid thereafter solely on the United States dollar track. Such reversion to the dollar trackalone would be effective as from the first quarter following receipt by the Fund secretariat of thebeneficiary's withdrawal of proof of residence.

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Footnotes - Annex III

1/ In this annex, the term "beneficiary" is used to designate all persons entitled to receiveperiodic benefits under the Regulations of the Fund.

2/ The adjusted levels of the flat-rate benefits as of 1 April 2001, are found in the Fund’sRegulations.

3/ When the limitation specified in paragraph 23 above was introduced, effective 1 January 1985,the General Assembly decided by resolution 39/246 that beneficiaries who had submitted, before1 January 1985, satisfactory proof of their residence outside the United States be given aone-time option, with a specified time-limit, to withdraw their proof of residence and therebyelect to have their benefit adjusted solely in accordance with the movement of the United StatesCPI as from 1 January 1985. Subsequently, the United Nations Joint Staff Pension Board decidedand reported thereon to the General Assembly in 1991 that the beneficiaries who were receiving,on 1 April 1991, less than the local currency equivalent of the dollar amount, because of themaximum payment provision under paragraph 23 above, should be given the option to move offthe two-track system, prospectively.

4/ Under the interim and transitional measures, the corresponding minimum ratios between theapplicable local currency and dollar base amounts are as follows: Afghanistan - 55; Austria -17.63; Belarus - 0.765; Belgium - 51.12; Cuba - 0.863; Cyprus - 0.557; Czechoslovakia - 11.32;Democratic People's Republic of Korea - 2.37; Denmark - 9.21; Finland - 5.54; France and otherFrench franc countries (French Guiana, Martinique and Monaco) - 7.86; Germany - 2.51;Guadeloupe - 7.87; Iran (Islamic Republic of) - 84.37; Ireland - 0.839; Italy - 1,668; Japan - 220;Jordan - 0.371; Kuwait - 0.294; Luxembourg - 51.12; Malta - 0.413; Mongolia - 3.42; Myanmar- 7.76; Netherlands - 2.83; New Caledonia - 141; Norway 7.90; Romania 12.94; RussianFederation - 0.765; Rwanda - 93; Sao Tome and Principe - 41.20; Seychelles - 6.61; Spain -152.04; Sweden 7.74; Switzerland - 2.10; Ukraine - 0.765; United Kingdom of Great Britain andNorthern Ireland - 0.724; CFA franc countries (Benin, Burkina Faso, Cameroon, Central AfricanRepublic, Chad, Comoros, Congo, Côte D'Ivoire, Equatorial Guinea, Gabon, Mali, Niger,Senegal and Togo) - 394.

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Appendix - Annex III

SPECIAL INDEX FOR PENSIONERS1

PART A

The following is the procedure for adjusting cost-of-living differential factors applicable toretirees from the Professional and higher categories in countries where such factors are appliedand where the rates of taxation are lower than the staff assessment rates applicable. Only onereduction factor shall be calculated for each country. National, state and local taxes applicable inthe city having a headquarters or a regional office of one or more organizations of the commonsystem shall be taken into account. If no organization of the common system has its headquartersor a regional office in a given country, then the national, state and local taxes applicable in thecapital city shall be taken into account.

Step 1

1Application of the Special Index for Pensioners was approved by the General Assembly byresolutions 37/126 and 37/131 effective 1 January 1983 and amended by resolution 39/246 effective1 January 1985.

(a) Calculate the staff assessment on the dollar base pension;(b) Calculate the local currency base pension using an average of the exchange rates

applicable over the previous 36 months;(c) Calculate the local taxes on the local currency pension in (b) above;(d) Convert the local taxes in (c) above into dollars using a 36-month average exchange rate;(e) Compare the staff assessment in (a) above with the local taxes in dollars in (d). If the staff

assessment is equal to or lower than the local taxes in dollars, no adjustment to thecost-of-living differential factor is necessary;

(f) Calculate the net pension after the application of local taxes, i.e., the dollar base pensionless the tax amount in (d) above;

(g) Determine the cost-of-living differential factor which will give the net pension after theapplication of staff assessment equal to the amount in (f) above;

(h) The cost-of-living differential factor in (g) above represents the tax advantage factor.Subtract this tax advantage factor from the original cost-of-living differential factor toarrive at the revised cost-of-living differential factor;

(i) If the revised cost-of-living differential factor in (h) above equals 1.000, no furtheradjustment is necessary;

Step 2

(j) Calculate the gross pension using the cost-of-living differential factor in (h) above;(k) Calculate the local taxes in dollars on the pension amount in (j) above, using the

procedure outlined in (b) to (d) above;(l) Compare the amount in (k) above with the staff assessment amount in (a) above. If the

staff assessment in (a) is higher than or equal to the amount in (k), no further adjustmentis necessary, and the tax advantage factor in (g) above is the reduction factor to beapplied throughout the year;

(m) Calculate the net pension after the application of the local taxes corresponding to thecost-of-living differential factor in (h) above;

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(n) Calculate the difference between the local tax amount in (k) above and the staffassessment amount in (a) above;

(o) Increase the net pension in (m) above by the amount of difference in (n) above;(p) Determine the cost-of-living differential factor corresponding to the net pension after the

application of the local taxes equal to the amount in (o) above. This is the cost-of-livingdifferential factor for application at the duty station;

(q) Calculate the difference between the unadjusted cost-of-living differential factor and thecost-of-living differential factor calculated in (p) above. This is the reduction factor to beapplied throughout the year.

PART B

The International Civil Service Commission agreed that in the use of the procedure outlined inpart A the following criteria should apply:

(a) All calculations should be based on the pension amount of a retiree having a final averageremuneration equal to that of P-2, top step;

(b) All calculations should be based on 20 years of contributory service;(c) Staff assessment and tax amounts should be calculated at the dependency rates;(d) Staff assessment should be used for the conversion of gross base pensions to their net

equivalents;(e) National (federal), state and local taxes should be taken into account for comparison with

staff assessment;(f) The reduction factor should be applied directly to the cost-of-living differential factors;(g) The following procedures would be followed at the beginning of each year and thereafter:

(i) Information on the rates of national taxation would be collected for all countrieswhere the cost-of-living differential factors are applied;

(ii) Reductions, if any, based thereon would be applied throughout the year.

The General Assembly approved that no reduction factor should be applied to retirees from theGeneral Service and related categories.

PART C

The Board decided that the following procedures will be applied to existing pensioners:

(a) The local currency base amount of the existing pensions on which cost-of-livingdifferential factors were applied will be recomputed;

(b) The reduction factors will be applied to the existing benefits which commenced duringthe period from 1 January 1978 to 31 December 1980 in accordance with the sameprocedure detailed in paragraph 26 of annex V to the Board's report to the GeneralAssembly at its thirty-fifth session2 in 1980;

(c) The same reduction factors will also be applied to benefits whose payment commencedduring the period from 1 January 1981 to 31 December 1984;

2Official Records of the General Assembly, Thirty-fifth Session, Supplement No. 9 (A/35/9).

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(d) The resulting revised local currency amount will then be adjusted from the date of thecommencement of payment to 1 January 1985 in accordance with the movement of theconsumer price index (CPI) in the country of residence. No retroactive adjustment will bemade for the period between the date entitlement began and 1 January 1985, but thereduced local currency amount will become effective from 1 January 1985.

* * *

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NO TE A

UNJS PF EMERG ENCY F UND*

1. General Intr oducti on

The Emergency Fund is financed from the assets of the UNJS PF and vol unt arycont ributi ons, and is util ized to pr ovi de fi nancial assist ance to benef ici ar ies who are curr ent lyreceivi ng a per iodic benef it fr om the Fund. It is intended to provide reli ef in indi vidual cases ofpr oven har dship owing t o i ll ness, infir mit y or sim il ar cases, i ncl uding funeral ar rangements. I t i s not intended to supplement pensi ons that may be consider ed insuf ficient, whether due to general orlocal econom ic sit uations or li mit ed contr ibutory servi ce. Also, the Em ergency Fund cannot beut il ized as a sour ce for loans, scholar shi ps or furt her educati on for the retir ee or hi s/her beneficiar ies, hom e bui ldi ng/purchase or i mprovement s ( unl ess j ust if ied for medical reasons) , or f or dowr y or wedding expenses. Appl icati ons ar e examined wi thout a rigid set of rul es, and att ention ispaid to a number of factor s such as age, num ber of year s of contri butor y ser vice, am ount of theUNJS PF benef it, the countr y in whi ch the pensioner r esi des, availabi lit y of insurance, other possi bl esour ces of income and/or assist ance and the cir cum st ances surrounding the expendit ur es. Ther e isno form al means test and much flexibili ty is exercised as to which appl icant s receive assi st ancefr om the E mergency F und.

2. Pr ocedures f or Deali ng wi th Cases

(a) In the case of the Unit ed Nations and its famil y of ent iti es (e.g. UNDP , UNI CEF ,and UNHCR) , requests ar e submit ted directl y to the Fund in New Yor k/ Genevasi nce the Fund ser ves as the St aff Pension Comm itt ee for the United Nat ions. In thecase of the other member organi zat ions, whenever possible, request s are subm itt edthrough the secret ar ies of local staff pensi on com mi ttees on behal f of their formerst af f or the latter’ s survivors. The secretaries examine the request , provideinformation on the nature of the emergency, the af ter-service medi cal insurancecoverage, the propor tion of the expendi tur es cover ed by that insur ance or that wouldhave been cover ed if cover age had been provi ded, t he ci rcumstances surr oundi ng thehardshi p experi enced by the benefi ci ary and any ot her relevant facts which m ight beascertained. In many cases a benef iciar y chooses not to part ici pat e in ASHI (Af ter Service Heal th Insur ance) because of cover age by other insur ance schemes; in suchcase, i nform ati on is sought on the r eim bur sement provided el sewher e.

(b) If a benef iciar y who was f or mer ly wi th one of t he member organi zat ions of the F und(other than the UN) wri tes directl y to the Fund, the matter is ref er red, in the fi rstinst ance, to the secret ary of t he relevant staf f pension com mit tee f or clari ficati on andfurt her information along the l ines indicated i n ( a) above.

_______________________

* T his note pr ovi des inform ati on on the general pri nci ples for the operat ion and appli cat ionof the Emergency Fund. It is not in any way a detail ed, pr ecise form ulation of the regulat ions andrules.

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(c) Al l requests shoul d be accom panied by substanti ati ng docum entat ion; in casesinvolvi ng medical expenses, that documentati on must include a m edi cal stat em ent regardi ng the nature of the ill ness, the type and cause of treatment pr ovi ded by thephysici an and/or hospit al, and proof of the expendit ures and payment for each. If therequest has been channeled through the secretar y of a staf f pension com mit tee,cert ain documentat ion can somet imes be wai ved as i t wil l alr eady have been veri fiedand approved by the organi zation's heal th insur ance scheme. UN fam il y cases aresi mi lar ly refer red t o t he UN Insur ance Secti on.

(d) Documentat ion not al ready evaluated thr ough a medical insur ance procedur e isforwarded to the Medical Dir ect or of the Uni ted Nati ons for advice and evaluati on inhi s/ her capacit y as Medical Consul tant to the Pension Boar d, or , as the case may be, to t he Joi nt Medical Servi ce in Geneva.

(e) Ot her enti ties, such as retir ee associations or social ser vice agenci es somet im espr esent request s on behalf of benefi ciaries. For exampl e, a num ber of cases havebeen submi tt ed by AF ICS af fi liated associati ons on behalf of some of their members. Wherever possi ble, such organi zat ions assist in obt aining the requi redsubstantiati ng docum ent ati on. (Requests for assist ance emanating from Europe,Af ri ca and the Middl e East shal l generally be handled by the Fund’ s Geneva offi ce, acti ng in coordinati on wit h the cent ral secr etariat in New York as r equired. )

(f ) Cases involving expenses other than medical are si mi lar ly evaluated in the light ofal l the evidence provided.

3. Types of E xpenditure Cover ed by Em er gency Fund Assistance

The types of expendi tur es consi dered for possibl e assist ance from the Em ergency Fund canbe grouped r oughly i nto the fol lowing categories:

(a) A. Medi cal Expendi tures

To the extent that they are not covered by any insurance:

(i) Direct Medical costs: physicians’ fees, medication, hospital costs, surgery,and diagnostic and laboratory fees;

(ii) Other Medical costs, such as: wheelchairs, prosthetic devices orequipment;

(iii) Service costs, such as: nursing and/or domestic assistance for a periodrequired for convalescence or, in certain circumstances, on a continuingbasis;

(iv) Certain Transportation costs: emergency ambulance costs to and from thehospital where treatment took place. If a specific medical service is notavailable in the city where the applicant resides, assistance may beprovided towards the cost of transportation between the city of residenceand the nearest location where appropriate treatment can be provided;

(v) Dental treatment: that is essential for health reasons and not merely for cosmetic purposes;

(vi) Medical costs for eye treatment: including the cost of eyeglasses, but notof expensive frames obtained for cosmetic purposes.

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(b) B. Funeral Expenses

Assistance may be provided in hardship cases towards funeral expenses forimmediate dependent relatives. The present ceiling for reimbursement, which reflects themovement of the United States Cost-of-Living Index from 1974 (when this assistancewas added to costs that could be reimbursed) to 2001, is $932.

(c) C. Other Expenditures

Other emergencies that do not fall into the above categories but which may createhardship can also be considered. Regional disasters creating hardship should first bedirected to international disaster relief organizations and/or local authorities. Thefollowing are examples of such cases:

(i) Removal costs due to an emergency that may have been caused by thedestruction of living quarters by fire or flood, for example, or a change ofresidence on medical grounds, provided that detailed documentation withregard to the expenses involved is submitted;

(ii) Temporary shelter needed because of the destruction of and/or majordamage to living quarters, and replacement of a minimum of householdeffects in the case of fire, or natural disasters;

(iii) Repair or changing of heating furnace in order to avoid a hazardous healthsituation;

(iv) While there is no provision for rental subsidies as such, assistance may beprovided in certain cases when pensioners must spend time residing in anassisted living facility or nursing home. Coverage of this service must befully documented and the facility must provide a breakdown of expenses.In this connection, expenditures that are not “medically-related” and arenot covered by health insurance, such as telephone calls, TV rental, etc.are not considered for reimbursement.

4. Furt her General Information

Requests falling under any of the general headings in section 3 above may be considered;however, assistance is not automatically granted either in full or in part and all relevant factorsare to be taken into account in reaching a decision in a particular case. All possibilities ofobtaining assistance from other sources are also explored; while flexibility is essential inoperating the Emergency Fund, the latter should not be used to relieve other organizations,institutions or governments of their legal and moral obligations. Beneficiaries may also be giventhe address of the local AFICS, since the retiree organizations are sometimes able to assist whenthe UNJSPF cannot.

Generally, the Emergency Fund is not be used to pay premiums to health insuranceschemes, as member organizations should fulfill all their obligations towards their former staffmembers in providing necessary coverage. However, requests for assistance in medicalemergencies from those who have no medical insurance, or from those who have such insurance

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but who, for various reasons, are suffering hardship in trying to cover the proportion notreimbursed by insurance, can be reviewed.

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NOTE B

L IST OF TRANSFER AGREEMENTS CONCLUDED BY THE UNJSPFUNDER ARTICLE 13 OF THE REGULATIONS

International Bank for Reconstruction and Development (terminated)International Monetary FundAsian Development BankEuropean Bank for Reconstruction and DevelopmentInter American Development BankGovernment of Canada (terminated)Government of the Union of Soviet Socialist Republics (suspended)Government of the Ukrainian Soviet Socialist Republic (suspended)Government of the Byelorussian Soviet Socialist Republic (suspended)European Centre for Medium Range Weather ForecastsEuropean UnionEuropean Free Trade AssociationEuropean Space AgencyOrganization for Economic Co-operation and DevelopmentWorld Trade Organization

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