Pensionable Rate of Remuneration

(a) In the case of participants in the General Service and related categories, pensionable remuneration shall be the equivalent in dollars of the sum of:

(i) The participant’s gross pensionable salary, as determined on the occasion of
comprehensive salary surveys and subsequently adjusted between such salary
surveys, in accordance with the methodology approved by the General Assembly and set out in appendix A to these Regulations;
(ii) Any language allowance payable; and
(iii) In the case of a participant who became entitled to a pensionable non-resident’s allowance prior to 1 September 1983, and for as long as he or she continues to be entitled thereto, the amount of such allowance.

(b) In the case of participants in the Professional and higher categories, the scale of pensionable remuneration, shall be as set out in the ICSC website (see appendix B hereto). It shall be adjusted on the same date as the net remuneration amounts of officials in the Professional and higher categories in New York are adjusted. Such adjustment shall be by a uniform percentage equal to the weighted average percentage variation in the net remuneration amounts, as determined by the International
Civil Service Commission.

(c) (i) In the case of participants who are appointed or elected as ungraded officials on or after 1 April 1995, their pensionable remuneration shall be established by the
competent legislative organ which determines their other conditions of service, in
accordance with the methodology recommended by the International Civil Service
Commission and endorsed by the General Assembly, and shall be subsequently
adjusted in accordance with the procedure in (b) above;
(ii) In the case of participants who were ungraded officials on 31 March 1995, their
pensionable remuneration shall be maintained, without adjustment, until surpassed by the level of pensionable remuneration derived from application of the methodology
referred to in (i) above.

(d) In the case of participants in the United Nations Field Service category, the scale of
pensionable remuneration shall be as set out in the OHRM website (see appendix C hereto), and shall be subsequently adjusted in accordance with the procedure in (b) above.

(e) No step increments beyond the top step of the gross pensionable salary scale or the scale of pensionable remuneration established according to the methodology approved by the General Assembly on the recommendation of the International Civil Service Commission shall be recognized for participants entering or re-entering the Fund on or after 1 January 1994. Nevertheless, any step increments awarded in conformity with the provisions of the appropriate staff regulations or rules of a member organization to a staff member in service in that organization before 1 January 1994 shall be recognized by the Fund for pension contribution and benefit calculation purposes.