text: otherfactors beingequal). Thatwouldclearly beinconsistent withthedesireof -21-JtheAssembly, asexpressed insection 11,.paragraph 3,ofresolution 39/246, that theBoard's recommendation shouldalsoaddress thequestion oftheequality of treatment ofparticipants retiring ondifferent dates. 71.Aswasstatedinparagraph 64above,oneoftheconcerns thathadledtothe inclusion ofsection 11,paragraph 2,inthetextthatwassubsequently adopted as resolution 39/246 wasthatparticipants whohadcontributed onthebasisofhigher scalesshouldnotlosethebenefit ofthosehighercontributions. Aslongasthe finalaverage remuneration ofaparticipant doesnotdecline hecanbesaidto derivefullbenefit fromhiscontributions totheFund. 72.Thepointsaddressed inparagraphs 70and71wouldbemetif,asaninterim measure, eachparticipant wouldbeguaranteed hisfinalaverage remuneration asat thedateoftheintroduction ofthenew,andgenerally lower,pensionable remuneration scale. However, ascanbes~enfromthetableinparagraph 65above, this l~ewscale,thoughlowerthanthescaleforOctober 1984,andforgradesP-4 andabovealsolowerthantheOctober 1982scale,ishigherthantheOctober 1981 scaleforallgrades below0-2.Thismeansthatforallgrades below0-2thefinal average remuneration willincrease beyondthelevelsasat31December 1984;the increase willcontinue for9monthsforgradesP-4,P-5and0-1,andfor33months forgradeP-3.Inthecaseofthosegrades, therefore, itwouldbenecessary to protect thefinalaverage remuneration levelnotasat31December 1984butasat thedatewhenthefinalaverage remuneration wouldbegintodeclineifnointerim measures weretaken. 73.Furthermore, aninterim measure thatsoughttoprotect aparticipant's final average remuneration couldbeapplied' onlytothosewhohadafinalaverage remuneration asdefined inarticle 1(E)(i)or(ii),oftheRegulations bythe timethenewscalewasintroduced, i.e.thosewithatleast36monthsof contributory service by1January 1985.13/ 74.Accordingly, theBoardconcluded thatiftheGeneral Assembly didnotapprove theamendment totheRegulations inparagraph 68above,itshouldbeinvited to approve aninterim measure thatwouldprotect thefinalaverage remuneration of participants, whichotherwise wouldbelowered following theintroduction ofthe 1January 1985scale. Thatwouldcallfortheinsertion intheRegulations ofthe Fundofanewprovision, asfollows: "Notwithstanding theprovisions ofarticle I(E),thefinalaverage remuneration ofaparticipant intheProfessional orhighercategories whowas incontributory service asat31December 1984andhadatleastthirty-six completed calendar monthsofsuchservice asatthatdate ~hallnotbeless thanthehighest finalaverage remuneration towhichhewouldhavebeen entitled inaccordance witharticle 1(E)(i)or(ii),hadheseparated on 31December 1984oratanytimebetween thatdateandhisactualdateof separation." 75.EightBoardmembers disagreed withtherecommendation inparagraph 74above andindicated thattheonlycompensatory orinterim measure acceptable tothemwas therecommendation madebyIeSeandagreedtobytheBoardin1~84. -22- -Ithat If the edas igher the o rim asat bove, [)-4 L98l final the )nths to ;at !rim lnal )rove :0 )f :he :the 10was x 'ss ve was5.ReviewofthemethodologY forthedetermination ofpensionable remuneration fortheProfessional andhighercategories andfor monitoring thelevelofthatpensionable remuneration, and re-examination oftheErocedure foritsadjustment inbetween comprehensive reviews 76.Asrequested bytheGeneral Assembly insection 11,paragraphs 5and6,of resolution 39/246, theBoardco-operated withIescintheconsideration ofthese Questions. TheBoardwasapprised bytheChairman oftheCommission ofthereasons whytheCommission haddecided thatitcouldnotprovide theGeneral Assembly at itsfortieth session withacomprehensive reportonthequestion ofthemethodology forthedetermination ofpensionable remuneration fortheProfessional andhigher categories. Thosereasons aresummarized inparagraphs 17to22ofthe Commission's reporttotheGeneral Assembly atitsfortieth session.!i/ 77.TheBoardnotedtheCommission's intention tosubmit areporttotheGeneral Assembly atitsforty-first session, irrespective ofwhether ornotitaddressed theissueofthemethodology onthebasisofinformation ontherevisedcivil service retirement schemeapplicable toUnitedStatesFederalcivilservice employees. 15/TheBoardhassetupinternal machinery forcontinued co-operation withICSC;~theopinion oftheBoardthereviewtobecarried outpriortothe
analysis: The text appears to be related to the administration of a pension fund for professional and higher categories of employees. It discusses the methodology for determining pensionable remuneration, the impact of changes to the pensionable remuneration scale, and the need for interim measures to protect the final average remuneration of participants. The text also mentions cooperation with the International Civil Service Commission (ICSC) and the submission of reports to the General Assembly.