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Report of the United Nations Joint Staff Pension Board

A/RES/2524(XXIV)No PDF available

Who created this mandate?

A Resolution of the General Assembly, published in 1970.

What else is in this group?

25 documents · 1965–1986
Newer documents in this group exist (latest: 1986).
  • 1986A/RES/40/245Report of the United Nations Joint Staff Pension BoardCompare with earlier document
  • 1985A/RES/39/246Report of the United Nations Joint Staff Pension BoardCompare with earlier document
  • 1984A/RES/38/233Report of the United Nations Joint Staff Pension BoardCompare with earlier document
  • 1983A/RES/37/131Report of the United Nations Joint Staff Pension BoardCompare with earlier document
  • 1982A/RES/36/118[C]Report of the United Nations Joint Staff Pension BoardCompare with earlier document

This group bundles related documents that are not individually ordered.

iGrouped automatically by matching titles within the same organ.

What subjects does this mandate have?

5 topics
AdministrationCost of LivingCostsPensionsRules and Regulations

What does this mandate say?

4 operative paragraphs
Decides that, with effect from 1 January 1970:
a
The standard annual rate for a retirement benefit shall be obtained by multiplying the number of years of the participant's contributory service, not exceeding thirty, by 1 / 50 of his final average remuneration;
b
The minimum annual rate for a retirement benefit shall be obtained by multiplying the number of years of the participant's contributory service, not exceeding ten, by the smaller of $180 or 1 /30 of his final average remuneration;
( c) Benefits which accrued before 1 January 1970 shall be recalculated in accordance with (a) and ( b) above and shall accrue in such recalculated amounts with effect from that date, save that no additional entitlement shall accrue in respect of any benefit. a part or the whole of which was commuted into a lump sum, except in so far as a part remains which is payable in the form of a periodic benefit, and in respect of that part in the proportion which it bears to the benefit as originally calculated;
11
Decides to continue until 31 December 1972 the system of adjustment of benefits contained in its resolution 2122 (XX) of 21 December 1965;

III

Decides that the Regulations of the United Nations Joint Staff Pension Fund shall be amended, with effect from 1 January 1970, as set forth in annex V to the report of the United Nations Joint Staff Pension Board for 1969 and paragraph 5 of the report of the Fifth Committee;rn IV
Approves expenses totalling $612,020 for the administration of the United Nations Joint Staff Pension Fund, as estimated for 1970 in annex VII to the report of the United Nations Joint Staff Pension Board for 1969.
5 December 1969.

iParagraph content is machine-extracted from UN documents. For authoritative content, please refer to the official UN document.

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