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Judgment No. 1662


The complaint is dismissed.

Consideration 20


"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."


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

Last updated: 29.09.2014 ^ top