Decision ID: 002585

In October 1997 the 1971 Fund Assembly agreed that those staff members who wished to do so would be entitled to transfer their respective shares of the 1971 Provident Fund (or part thereof) to the 1992 Fund’s Provident Fund in conjunction with the transfer of the Secretariat functions. It was noted that the United Kingdom tax authorities had confirmed that there would be no adverse tax consequences for such a transfer provided that the 1992 Fund’s Provident Fund would be identical in all essential respects to the 1971 Fund’s Provident Fund.

Date: 30.09.1997
Categories: Financial matters, Administrative matters
Subjects: Provident Fund, Provident Fund