Actuarial equivalent (473,-666)

You searched for:
Keywords: Actuarial equivalent
Total judgments found: 1

• Judgment 1032

  
  69th Session, 1990
  European Patent Organisation
  Extracts: EN, FR
  Full Judgment Text: EN, FR

  Summary

  Extract:

  The complainant left employment in a private company to join the staff of the EPO and applied for the transfer of his pension rights to the organisation's retirement scheme. The company agreed to refund the contributions he had made but would not transfer the actuarial equivalent of his pension rights. Inasmuch as Article 12(1) of the EPO Pension Scheme Regulations and Implementing Rule 12.1/1(i)(b) only allow the transfer of those rights with the consent of the previous retirement scheme and that in such cases the amount must be certified by that scheme to be the actuarial equivalent of the official's pension rights, the organisation's retirement scheme was not empowered to accede to the complainant's request.

  Reference(s)

  Organization rules reference: ARTICLE 12(1) OF THE EPO PENSION SCHEME REGULATIONS; RULE 12.1/1(I)(B) OF THE IMPLEMENTING RULES
  
  

  Keywords:

  actuarial equivalent; condition; pension; transfer of pension rights;