Pensionable remuneration of the staff

XIII. RESOLUTIONS ADOPTED ON THE REPORTS OF THE FIFTH COMMITTEE
1310. Pensionable remuneration of the staff

The General Assembly, Having considered the annual report of the United Nations Joint Staff Pension Board[1] and the report of the Secretary-General on the pensionable remuneration of the staff,[2]

1. Decides that a comprehensive review of the system of benefits and their present and future adequacy, of the methods by which pensionable remuneration could be revised and of the financial and technical bases of the United Nations Joint Staff Pension Fund shall be undertaken in the light of the observations and suggestions made on this subject in the Fifth Committee;

2. Requests the Secretary-General, in consultation with the United Nations Joint Staff Pension Board and the Administrative Committee on Co-ordination, to appoint such experts as may be required to accomplish this comprehensive review;

3. Requests the Secretary-General, in conjunction with the executive heads of the other member organizations and in co-operation with the Joint Staff Pension Board, to submit proposals for action by the General Assembly at its fifteenth session;

4. Decides that, for the purposes of contributions to and benefits payable from the Joint Staff Pension Fund, the pensionable remuneration of the professional category and higher salary levels shall be increased, with effect from 1 January 1959, by 5 per cent of the pensionable remuneration otherwise in force at that time;

5. Authorizes the Joint Staff Pension Board to supplement, with effect from 1 January 1959 and pending the outcome of the comprehensive review requested above, the pensions and life annuities paid under articles IV, V, VII and X.1 (d) of the Regulations of the Joint Staff Pension Fund, the amount of the supplement to be 5 per cent of the regular benefit;

6. Authorizes the Secretary-General to advance the necessary funds to the Joint Staff Pension Fund for supplementary payments made under paragraph 5 above, such advances to be repaid by the Fund after the next meeting of the Joint Staff Pension Board;

7. Invites the attention of the member organizations participating in the Joint Staff Pension Fund to the decisions set out above.

783rd plenary meeting,
10 December 1958.

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[1] Ibid., Thirteenth Session, Supplement No. 8 (A/3938). [2] Official Records of the General Assembly, Thirteenth Session, Annexes, agenda item 53, documents A/C.5/760 and Add.1.