text: the measures proposed would not make the 0.75 per cent increase recommended by the Advisory Committee unnecessary, unless the General Assembly intended to slash benefits drastically. If the increase was postponed until the following year, the Pension Fund would lose $13 million (over $4 million of which would be contributed by participants), together with the interest thereon, and the imbalance would be further increased. Had the Board proposed improvements in benefits, he would have agreed with those who maintained that by postponing action money would be saved. However, the Board's proposal was simply to plug a hole. He therefore hoped that the Fifth Committee would find it possible to adopt the Advisory Committee's recommendation. 27. The preceding week he had been in Geneva where the Governing Body of ILO had considered a proposed complementary pension scheme. The Director-General, the representative of the staff union, representatives of the workers' group and the employers' group and some government representatives had expressed the view that United Nations pensions were inadequate and should be increased. The relevant committee of the Governing Body had decided to postpone further consideration of I ... A/C.5/38/SR.45 English Page 8 (Mr. Mango) the matter until February 1984. The Chairman of that committee had stated that, although a majority was in favour of approving the complementary scheme, he personally felt that it would be best to defer a decision in view of the opposition of certain Governments. Nevertheless, the Governing Body had approved an amount of more than $800,000 under the regular budget for the next biennium to finance the 0.75 per cent increase in the rate of contribution to the Pension Fund, subject to the increase being approved by the General Assembly. The appropriation had been approved without a vote, although some delegations had not been happy about it. 
analysis: The text appears to be discussing a proposal for a 0.75% increase in the rate of contribution to the Pension Fund, and the potential impact on the fund's finances and benefits. The text also mentions the approval of an amount under the regular budget to finance the increase. This suggests that the text is related to employment and pension benefits, which are typically managed by the United Nations.