Geneva, March 1997
|Programme, Financial and Administrative Committee||PFA|
ELEVENTH ITEM ON THE AGENDA
1. As reported to the Governing Body in November 1996,(1) the United Nations Joint Staff Pension Board held its Forty-seventh Session at the International Training Centre of the ILO, Turin, from 8 to 19 July 1996. It was chaired by Mr. Chotard, member, appointed by the International Labour Conference, of the ILO Staff Pension Committee, who presented the Board's recommendations to the United Nations General Assembly in December 1996.(2)
2. The main issues examined by the General Assembly included the comprehensive review of pensionable remuneration and the development of a common scale of staff assessment in consultation with the International Civil Service Commission (ICSC), the actuarial evaluation of the Fund as at 31 December 1995, the investments of the Fund, and the transfer agreements between the Fund and the former USSR, Ukrainian SSR and Byelorussian SSR.
3. The General Assembly adopted the recommendations of the Board in Resolution 51/217 of 18 December 1996 and approved a revised scale of pensionable remuneration for the professional and higher categories based on the common staff assessment scale,(3) to take effect on 1 January 1997.
Geneva, 18 February 1997.