3. Benefit payments . 37 40 107

The Unit is now processing all benefit and vendor payments.

Moreover, total benefit payments have recently outgrown the contributions to the Fund.

Cash benefit payments followed the trends indicated below between 1998 and 2003

The National Child Benefit Supplement is considered unearned income and deducted from social assistance payments.

Figure 15 Number of periodic benefit payments made and number of staff involved, 1985 to 2005

When contributions are larger than benefit payments, short term mismanagement of investments may not always be detrimental.

Child benefit payments made directly to the mother had more than doubled in real terms since 1997.

Figure 3 United Nations Joint Staff Pension Fund evolution of income and benefit payments (Billions of United States dollars)

Similarly, in the UNJSPF Geneva office, the functions of certification and approval of benefit entitlement payments were not adequately segregated.

(a) Increasing number of periodic benefit payments made per annum (annual average increase of 2.8 per cent) over the past five years.

Contribution payments would generally be made to the insolvency representative administering the insolvent estate for the benefit of the estate as a whole.

Such reserves should be sufficient, with a high degree of certainty, to meet all benefit payments and the related administrative and other expenses.

Stop all payments. Stop all payments.

In the Geneva office, the functions of certification and approval of benefit entitlement payments were not adequately segregated to enhance effective operations of internal check.

When contributions can no longer cover benefit payments, investment income and capital returns will have much bigger implications for achieving the Fund's mission of going forward.

It was further noted that the expected cash flow generated by investments would be more than sufficient to meet the excess of benefit payments over contributions.

Payments

Payments?

The current F3 claim concerns certain payments made by the National Committee, after the liberation of Kuwait, into trust funds for the benefit of some of the detainees.

At the same time the maternity benefit is not received by those mothers who do not work and who do not make compulsory social insurance contribution payments in 2000 only 47 of all mothers who had given a birth received a maternity benefit.

Several other Governments paid a contribution towards local office costs of other United Nations agencies, but UNFPA did not benefit from these agreements and did not receive any payments.

Alimony Payments

Disbursements payments

Payments to

Payments from

Overdue payments

Future payments

Outstanding payments

Verify payments

Recording payments?

3. Payments

Affected payments

periodical payments

All payments

Direct payments

UNICEF payments

If the child benefits do not suffice to effect the prescribed tax exemption, the tax allowance for children is deducted and the child benefit payments already made are adjusted accordingly.

Simultaneously, the P 2 post currently assigned to the Payments Unit would be laterally transferred to the other sub unit in charge of managing the benefit payroll, where the workload has been significantly increased owing to the steady increases in the number of periodic benefit payments made and the growing complexity of payroll history records arising from the changes made to the rules and regulations of the Fund over time.

Currency of payments

Recovery of payments

B. Compensatory payments

(ii) Payments Unit

(i) Separation payments

Ex gratia payments