UNITED NATIONS JOINT STAFF PENSION FUND TO MEET THE LIABILITIES UNDER ARTICLE 26 OF THE REGULATIONS . 112

The pension is, however, earnings related (see below).

Pension entitlements were related to pensionable years of service.

The liabilities for pensioners and their beneficiaries were valued on the basis of their accrued pension entitlements as of the valuation date.

There is also a more fundamental reason to focus on future variations in the stock of pension debt associated with pension reforms the EU has no business interfering with pension liabilities of individual member states. Why should the rest of Europe care if, say, Spain preserves a generous pension system?

25. The financial report and accounts reflect UNICEF income, expenditure, assets and liabilities, including the net operating income, assets and liabilities of the greeting card and related operations.

62 241. Questions related to the United Nations Joint Staff Pension Fund

In case of disability caused by injury at work or professional related health condition, it is calculated by the percentage of base pension, regardless of pension seniority, and is more favourable than disability pension for an illness or injury not related to work.

A disability pension following illness or injury not related to work is calculated by the appropriate percentage of base pension, pension seniority, gender of the insured and the calendar year in which the right to a pension would be implemented.

The Fund continued to be the most widely diversified pension fund that maintained its accounts in United States dollars but had liabilities in many other currencies.

6. Decides to revert to the issue of funding the pension related liabilities of the International Criminal Tribunal for Rwanda at its sixty fourth session, taking into account the report of the Secretary General requested in paragraph 11 of its resolution 61 262 of 4 April 2007

Another factor impeding QE s impact in the eurozone is low bond yields, which, by increasing measured pension fund deficits, make some companies reluctant to invest and thus more likely to raise contribution rates and limit pension benefits. In the US, more generous assumptions regarding discount rates are used to calculate pension fund liabilities.

Liabilities

VII. ESTIMATED COSTS OF PENSION RELATED EXPENSES OF MEMBER ORGANIZATIONS OTHER THAN THE UNITED NATIONS . 117

6. Decides to revert to the issue of funding of the pension related liabilities of the International Tribunal for the Former Yugoslavia at its sixty fourth session, taking into account the report of the Secretary General requested in paragraph 11 of its resolution 61 262 of 4 April 2007

The Committee also noted that the currency cost factor under the two track pension adjustment system had been included in valuations as a loading factor in calculating the liabilities.

b. Parliamentary documentation miscellaneous papers on common United Nations system positions related to the Pension Fund (2)

ANNEX VII Estimated annual costs of pension related expenses of member organizations other than the United Nations

Unfunded liabilities

Unfunded liabilities

Assets Liabilities

Total Liabilities

Liquid Liabilities

Environmental Liabilities

(c) Liabilities

Liabilities 4,030.

Article 57The financial liabilities refers to the following liabilities of an enterprise

(w) Contingent liabilities

b Total liabilities.

Assets and Liabilities

Expected Liquid Liabilities

(a) Contingent liabilities

(2) make disclosure of separately the total amount involved in litigations and arbitrations happened in the reporting period and the previous year according to the litigation related creditor's rights and litigation related liabilities

The custody enterprise shall set down related schemes according to the agreement concerning custody, and reorganize the assets and liabilities of the custodian enterprise.

Statement II Assets, liabilities, liabilities and reserves and fund balances at 31 December 1997

In case of disability caused by an injury at work or by a profession related illness, disability pension is determined as a percentage of the pension principle regardless of the length of the pension service and is more favorable than the disability pension earned in case of disability cased by illness or injury outside of work.

As regards secretariat services to the United Nations Staff Pension Committee, the services include the preparation of documentation related to reviews of claims for disability benefits and of the continued eligibility for such benefits analyses of issues before the Pension Committee, the Pension Board and or the Standing Committee and travel arrangements for members of the Pension Committee.

(2)other financial liabilities.

Assets and Liabilities Summary

Liquid Assets and Liabilities

Transfers to Liquid Liabilities

Note 6. Contingent liabilities

Pension funds, insurance companies, and mutual funds in the US manage combined assets totaling roughly 30 trillion, and they have been struggling to find investments that match their long term obligations. Persistently low interest rates have been particularly challenging for pension funds, which face rising liabilities (calculated on a discounted basis).

(c) Financial activities cover the traditional control areas concerned with budget, the flow of funds (revenues and expenditures), related assets and liabilities and financial information

Old age pension and ordinary anticipatory pension