1071st (Budget) meeting – 25 November 2009

Item 11.4a,b

Staff Regulations – Pension Schemes

a. Modification of Appendix V – Pension Scheme Rules, Article 41 and its Appendix “Staff members’ contribution – costing the scheme”
- Review of the method for calculating the rate of staff members’ contribution to the pension scheme
- Revision of the rate of staff members’ contribution to the Pension Scheme at 1 January 2010
Co-ordinating Committee on Remuneration (CCR) – 197th report

b. Modification of Appendix Vbis – New Pension Scheme “NPS”, Article 41 and its appendix “Staff members’ contribution – costing the scheme”
- Method of calculating the staff rate of contribution to the “NPS”
- Revision of the staff rate of contribution to the “NPS” at 1 January 2010
(CM(2009)153 and CM(2009)154)

Decisions

The Deputies

With regard to the Co-ordinated Pension Scheme (Appendix V to the Staff Regulations)

1. took note of the 197th report of the Co-ordinated Committee on Remunerations (CCR), as it appears in document CM(2009)153;

2. adopted, with immediate effect, Resolution CM/Res(2009)44 on the Appendix to Article 41 – Actuarial studies of the Pension Scheme Rules (Appendix V of the Staff Regulations), as it appears at Appendix 30 to the present volume of Decisions;

3. decided that the rate of contribution of staff affiliated to the Pension Scheme (Appendix V to the Staff Regulations) shall be increased to 9.0% of basic salary with effect from 1 January 2010;

4. amended accordingly Article 41, paragraph 4 of the Pension Scheme Rules (Appendix V to the Staff Regulations) and replaced the figure 8.9% by the figure 9.0%, with effect from 1 January 2010;

With regard to the New Pension Scheme “NPS” (Appendix Vbis to the Staff Regulations)

5. took note of the technical report by the Joint Pensions Administrative Section concerning the method of calculating the rate of contribution to the New Pension Scheme, as it appears in document CM(2009)154;

6. adopted, with immediate effect, Resolution CM/Res(2009)45 on the Appendix to Article 41 – Actuarial studies of the New Pension Scheme “NPS” (Appendix Vbis of the Staff Regulations), as it appears at Appendix 31 to the present volume of Decisions;

7. decided that the rate of contribution of staff affiliated to the New Pension Scheme “NPS” (Appendix Vbis to the Staff Regulations) shall be increased to 9.3% of basic salary with effect from 1 January 2010;

8. amended Article 41, paragraph 3 of the New Pension Scheme Rules “NPS” (Appendix Vbis to the Staff Regulations) to take account of the above decisions, and accordingly replaced the figure 9.2% by the figure 9.3% and added the following sentence “The staff contribution rate shall be adjusted, with effect from the fifth anniversary of the preceding adjustment, the rate being rounded to the nearest first decimal”;

9. noted that the rate of 9.3% will be applied ipso facto to judges of the European Court of Human Rights and to the Council of Europe Commissioner for Human Rights in application of Resolution CM/Res(2009)5.


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