1. Transfer of pension rights acquired under the pension scheme of the European Bank for Reconstruction and Development to the Community scheme pursuant to Article 11(2) and (3) of Annex VIII to the staff regulations

• In the case of officials:
  
  Within six months of the date of notification of establishment or of reinstatement following a period of leave on personal grounds or of secondment (Article 11(3) of Annex VIII to the Staff Regulations).
  
  
• In the case of temporary staff::
  
  At the latest, within six months of the date on which they complete the period of service necessary to generate entitlement to a Community pension (Article 77 of the Staff Regulations).
  

2. Transfert des droits a pension acquis aupres du regime de pension communautaire vers le regime de pension de la Banque europeenne pour la Reconstruction et le Développement en application de l'article 11 paragraphe 1 de l'annexe VIII du Statut.

3. Transitional arrangements

• Community officials,
  
• Community temporary staff who have completed the period of service necessary to generate entitlement to a Community pension (Article 77 of the Staff Regulations),
  who are therefore already working for a Community institution on the date this notice is published;
  
• EBRD employees already in service on the date this notice is published;
  or
  
• Community officials and temporary staff and EBRD employees already in receipt of a pension on the date this notice is published
  
  WHO HAVE NOT PREVIOUSLY BEEN ABLE TO EXERCISE THEIR RIGHT TO TRANSFER THEIR PENSION RIGHTS BECAUSE OF THE LACK OF AN AGREEMENT WITH THE EBRD SCHEME

  must submit their application in writing to the institution for which they work, i.e. either to the relevant Community administration or to the EBRD,
  
  

  WITHIN SIX MONTHS OF THE DATE OF PUBLICATION OF THIS NOTICE.
  
  B. Temporary staff covered by Article 2(a), (c) and (d) of the Conditions of Employment of Other Servants already in the service of the Communities prior to the date of publication of this notice who have not yet completed the period of service necessary to generate entitlement to a Community pension (Article 77 of the Staff Regulations)
  
  MUST SUBMIT THEIR APPLICATION AT THE LATEST WITHIN SIX MONTHS OF THE DATE OF COMPLETING THE PERIOD OF SERVICE NECESSARY TO GENERATE ENTITLEMENT TO A COMMUNITY PENSION.
  C. Applications must be received by the administration before the expiry of this six-month period, failing which they will not be considered unless the delay is due to exceptional circumstances beyond the applicant's control.
  
  D. Where officials or temporary staff have died before the date of publication of this notice or die within six months of that date, the persons entitled to a survivor's pension following such death are covered by these transitional arrangements.
  
  

  4. General remarks

  Transfer pursuant to Article 11(2) and (3) of Annex VIII to the Staff Regulations
  
  1. Submission of an application does not commit applicants to a transfer of pension rights at this stage. Individuals will have to take a final decision once they have been informed by the Community administration how a transfer will affect their Community pension.
     
     
  2. Before applying for the transfer of their pension rights, staff should bear in mind the following:
     1. As the Staff Regulations currently fix the maximum Community pension at 70% of final basic salary, a higher rate cannot be paid as the result of a transfer.
        
        
     2. Since widows/widowers and orphans are guaranteed a minimum Community pension, a transfer of pension rights may not necessarily be advantageous to them and they are therefore requested to contact the Community administration before taking a final decision.
        
        
     3. The years of pensionable service credited to the Community scheme as the result of a transfer of pension rights are not taken into consideration for the purpose of calculating the ten years of service necessary to generate entitlement to a Community pension (Article 77 of the Staff Regulations).
        
        
     4. Only pension rights acquired before the applicant entered the service of the European Communities may be transferred, together with any rights acquired during periods of leave on personal grounds or periods of secondment.
        
        
     5. Where there are several persons entitled to a survivor's pension, the application will not be considered unless it has been duly dated and signed by all of them.

     
     

  3. Before taking a final decision on whether to transfer their pension rights (and after they have received the administration's proposal), staff should bear in mind that the transfer entails the loss of all pension rights acquired in respect of the periods transferred and any entitlements arising therefrom under the EBRD scheme.

     Transfer pursuant to Article 11(1) of Annex VIII to the Staff Regulations

     Transfer of the actuarial equivalent retrospectively extinguishes entitlement under the Community pension scheme and any amounts already paid out must be repaid to the Community administration; this does not apply to pensions paid during temporary invalidity if the recipients were subsequently reinstated.

  APPLICATION FOR TRANSFER OF PENSION RIGHTS