text: len out net ele and or It con"-._. ~-_._---.._-~._---_.-~ ~~-. tobaseadjustments ofpensionable remuneration ontheNewYorkconsumer price index(CPI). Theproposed freeze wouldhavetheadditional undesirable resultof providing different pensions tostaffretiring ondifferent dates. FICSAurgedthe Commission toreiterate itsposition ontransitional measures. 14.TheConvenor oftheCo-ordinating Committee forIndependent StaffUnions and Associations oftheUnitedNations System (CCISUA) considered thatthemethodology couldbereviewed atafuturesession, butanyfutureproposal shouldreflect full collaboration withthePension Board. Theideaofusingreverse application of staffassessment ratesdeserved further study. Inanyevent,pensionable remuneration levelsshouldnotbetiedtooclosely tothepractices ofanyone MemberState, norshouldchanges intheratesbetoofreauent. Astransitional arrangements wereanecessary element intheintroduction ofanynewscheme, CCISUA objected tofreezing theadjustment mechanism, whichshould beautomatic, and pointed toadverse effects ontheFundifsuchafreeze wereextended. 15.Therepresentative oftheFederation ofAssociations ofFormerInternational CivilServants (FAFICS) statedthatfailure toadjustpensionable remuneration levelswhilebenefits inpayment werebeingadjusted forcost-of-living increases shouldnotraiseserious problems. Therehadbeennoclospcorrelation between levelsofpensionable remuneration andactualpensions received indifferent countries, andtheredidnotseemtobeanylogical reasonforsuchalink. The matter wascomplic ~~dandwould, inanyevent, bedealtwithbyUNJSPB. 16.TheSecretary ofUNJSPBrecalled thedecisions oftheStanding Committee of theBoardwithregardtothemethodology forthedetermination ofpensionable remuneration anditsadjustment procedure. Heagreedwiththeproposals presented inthedocument, namely, nottopropose anyfurther changes inthemethodology for thecomingyearuntilthesituation withregardtoUnitedStatesfederal civil service pensions wasclarified. Hepreferred anautomatic adjustment systembut concluded thatthePension Fundcouldendure ashortperiodwithout anadjustment. Discussion anddecisions oftheCommission Methodology forthedetermination ofpensionable remuneration,I' ~' !ili,':',"•17.TheCommission recalled thatatthetimeithadrecommended themethodology thatwasusedtoarriveatthescaleofpensionable remuneration approved bythe thirty-ninth session oftheGeneral Assembly forimplementation witheffect from 1January 1985,ithadalsoindicated atthattimethatanumberofelements were takenintoaccount inthedetermination ofthelevelsofpensionable remuneration "Specifically, grossandnetsalaries applicable toUnitedStatesfederal civil service employees, netremuneration applicable toUnitedNations officials inNew York,theUnitedNations/United States margin, average lengths ofservice of retirees eligible toreceive pension annuities, adjustments madewithinthe framework oftotalcompensation comparisons toaccount forthedifferences in lengths ofservice, aresomeoftheimportant elements whichcaninfluence the outcome ofcalculations usingtheapproach suggested. Furthermore, asgrossand netsalaries ofUnitedStatesfederal civilservice employees areusedasimportant elements inthemethodology, theUnitedStatesratesoftaxation (federal, state andlocal,asapplicable) areimplicitly reflected intheresults. Changes inone ormoreofthesefactors canaffecttheoutcome ofthecalculations SUbstantially. Itwould,therefore, beessential fortheCommission tomonitor thesefactors ona continuous basisandreportthereon totheGeneral AS:dembly asappropriate." y -5-.'...• !r :! [/ "I18.TheCommission hadcitedtheabovefactors asreauiring constant monitoring on theassumption thattheUnitedStatesretirement scheme andtheUNJSPFpension scheme would,grosso modo,remain unchanged fortheforeseeable future. Sincethe basisofcomparison withtheUnitedStatesfederal civilservice involved the comparison ofgrosspension valuesexpressed aspercentages ofnetremuneration afterthesamelengthofservice onbothsides,ifsubstantial changes inthe
analysis: This text appears to be discussing the pension scheme for staff of the United Nations, specifically the methodology for determining pensionable remuneration and adjusting pension levels. The text mentions the New York consumer price index, United States federal civil service pensions, and the Pension Fund, which suggests that the topic is related to employment, finance, and international organizations. The discussion seems to be focused on administrative and technical aspects of the pension scheme, rather than broader economic or social issues.