OpenLegislation

Introductory text

United Kingdom

Original text. Later amendments are not shown.

Council Regulation (EC, Euratom) No 1972/2005

of 29 November 2005

adjusting, from 1 July 2005, the rate of contribution to the pension scheme of officials and other servants of the European Communities

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community,

Having regard to the Staff Regulations of officials of the European Communities and the Conditions of employment of other servants of the European Communities laid down by Regulation (EEC, Euratom, ECSC) No 259/68f1 and last amended by Regulation (EC, Euratom) No 723/2004f2, and in particular Article 83a of, and Annex XII to, the Staff Regulations,

Having regard to the proposal from the Commission,

Whereas:

(1)

In accordance with Article 13 of Annex XII to the Staff Regulations, on 1 September 2005 Eurostat submitted a report on the 2005 actuarial assessment of the pension scheme updating the parameters referred to in that Annex. According to this assessment, the rate of contribution required to maintain actuarial balance of the pension scheme is 10,3 % of the basic salary.

(2)

However, under Article 2(2) of Annex XII to the Staff Regulations, the adjustment taking effect on 1 July 2005 must not lead to a contribution higher than 10,25 %.

(3)

In the interests of actuarial balance of the pension scheme of officials and other servants of the European Communities, the rate of contribution should therefore be adjusted to the maximum permitted, i.e. 10,25 % of the basic salary,

HAS ADOPTED THIS REGULATION:

Annotations

Footnotes

f1

OJ L 56, 4.3.1968, p. 1.

f2

OJ L 124, 27.4.2004, p. 1.