Judgment No. 1662

• Organization: European Organization for Nuclear Research (CERN)
• Date: 10.07.1997
• Original: Français
• Judges: Egli, Razafindralambo, Carroll
• Full judgment text (anglais) - Texte intégral du jugement

Decision

The complaint is dismissed.

Consideration 20

Extract:

"There is no general rule requiring the [CERN Pension] Fund to pay interest on the transfer value [of pension entitlements]. So the Fund was free to rely on the text of its own rules, which do not expressly provide for interest, and on consistent practice."

Keywords

interest on damages; general principle; practice; written rule; pension; cern pension fund; pension entitlements; lump-sum; transfer of pension rights