text: Participants.y .y y y y al al al al al1 I ANNEXVIII Membership oftheCommittee ofActuaries Themembership oftheCommittee isasfollows: Mr.A.O.Ogunshola (Nigeria) -RegionI(African States) Mr.K.Takeuchi (Japan) -Region 11(Asianstates) Mr.E.M.Chetyrkin (UnionofSovietSocialist Republics) -RegionIII (Eastern European States) Dr.G.Arroba (Ecuador) -~egionIV(LatinAmerican states) Mr.R.J.Myers(UnitedStatesofAmerica) -Region V(western European andotherStates) -66-~-~~~ ANNEXIXoC CD I» ='la Recommendations toSheGeneral Assembly fortheamendment oftheregulations ofthe UnitedNations JointStaffPension Fund I Existing text Article 25 COntributions (~)Contributions bytheparticipant andbytheemploying memberorganization shallbepayable totheFundconcurrently withtheaccrual ofcontributory service underarticle 22(~)atthepercentage ratesofpensionable remuneration spec1fied below:Proposed text Article 25 COntributions (~)Contributions bythe participant andbytheemploying member organizat10n shallbepayable tothe Fundconcurrently withtheaccrual of contributory service under artic~e 22(a) atthepercentage ratesofpensionable remuneration spec1fied below:co-ents TOgiveeffecttothe increase intherateof contr1but10n toatotalof 22.5percentofpensionable remuneration witheffectfrom 1January 1986. A B £ EIIploY1ng Forperiodsof member Icontributory -participant organization 0\ service (percentage) (percentag~)-:a I Before 1984••7.00 14.00 AsfrOll1984•7.25 14.50A Forperiodsof oontrioutory service Before 1984 In1984and1985 Asfrom1986•••B Participant (percentage) 7.00 7.25 7.50C EIIp~oying member organ1zation (percentage) 14.00 14.50 15.00 ~ :ji i,1Article 28 Retirement benefit (a)Aretirement benefit shallbe payable toaparticipant whoseageon separation is60yearsormoreandwhose contributory service wasfiveyears orlonger. (~.>Thebenefit.shall, SUbJect to(~) and(!.)below,inrespect ofaperioaor periods ofparticipation commencihg onor after1January 1983,bepayableat thestandard rateobta1ned bymultiplY1ng:Article 28 Retirement benefit (~)NOchange. (~)Thebenefitshall,suoject to (~),(!.)and(!.)be~ow,inrespect ofa periodorper10ds ofpartic1pation commencing onorafter1January 1983, bepayab~eatthestandard rate obtained oymultiplying:Refiect1ng inthe cross-references toparagraphs theaddition ofnew. paragraph (~).&x :,t,: "$ :~ "";~a~~c~ ~~anua~y ~,o~, DepayaD~e a~ thestandard rateobtained byaultiplY1ng:commenc~ng onoraE~er ~~anuary ~~6~, bepayableatthestandard rate obtained Dymultiplying:paragrapn (~). ....·,....,.,',i;.l3:~;z;-.z.~,:;;;_:.:.J-; ..::.:l;;:;'ii".1,~;Cufu:.-;;~ ...Ci._'(';,-::: '''-,,",-''':H::l:i:;;;;P;;~,T.;;::::=-''::Z::;':;-;~~~':'-';:::::~-~":'£:s~;;;:;;~:~-=' ,~---r.zfJJ..-~ ~ :Jl) IExisting text (i)Thefirstfiveyearsoftheparticipant's contributory service, by1.5percent ofhisfinalaverage remuneration, (ii)Thenextfiveyearsofhiscontributory service by1.75percentofhisfinal average remuneration, and (iii)Theyearsofhiscontributory service inexcessof10,butnotexceeding 25,by2percentofhisfinal average remuneration. However, inrespect ofaparticipant with apriorperiodofcontributory service offiveyearsorlongerendingbetween 1January 1978and31December 1982,the standard annualratespecified aboveShall becalculated bytakingintoaccount as. periods ofcontributory service forthe purposeofsUbparagraphs (i),(ii)'and(iii) abovetheperiodofcontributory service before 1January 1983. (£)Thebenefitshall,sUbject to(~J and(!.)below,inrespect ofanyperiodof participation commencing priorto 1January 1983,bepayableatthestandard annualrateobtained bymultiplying: (i)Thefirst30yearsoftheparticipant"s contributory service, by2percentof hisfinalaverage remuneration, and (ii)Theyearsofhiscontributory service inexcessof30,butnotexceeding
analysis: The text appears to be related to the administration of a pension fund, specifically the United Nations Joint Staff Pension Fund. It discusses the membership of the Committee of Actuaries, recommendations for amending the fund's regulations, and the calculation of retirement benefits. These topics suggest that the text is related to employment, finance, and social security, which are all relevant to the category of "Employment".