N° 41-2004 / 25.05.2004

INTERNAL DIRECTIVE OF THE COMMISSION

Subject: Calculation of the bonus provided for in Article 5 of Annex VIII to the Staff Regulations

On 7 April 2004 the College of the Heads of Administration approved by written procedure Conclusion 227/04 (see annex), which is applicable within the Commission from 1 May 2004.

Horst REICHENBACH

Annex

Luxembourg, 7th of April2004

CONCLUSION 227/04
 
APPROVED BY THE HEADS OF ADMINISTRATION BY WRITTEN PROCEDURE ENDED ON 7th APRIL 2004

Subject: Calculation of the bonus provided for in Article 5 of Annex VIII to the Staff Regulations

SEC(2004)411
 
The pension increase referred to in Article 5 of Annex VIII applies to the period between the first day of the month following that in which officials reach the pensionable age within the meaning of Article 77 of the Staff Regulations and Article 22 of Annex XIII thereto until the last day of the month during which they take their retirement.
 
This increase is calculated on the basis of the amount of the pension rights acquired by the last day of the month during which officials reach the pensionable age within the meaning of the Staff Regulations.
 
This Conclusion shall apply from 1 May 2004. It repeals and replaces Conclusion 164/87, which was approved by the Heads of Administration at their 160th meeting held on 15 January 1987.
 
Done at Luxembourg, 07.04.2004

For the College of the Heads of Administration

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   Author: PMO.04