Participation in the contingency fund of the Pan American Union

(1)

5th DIRECTING COUNCIL

3rd SESSION OF THE REGIONAL COMMITTEE

THE 5th DIRECTING COUNCIL,

Considering that the staff of the Pan American Sanitary Bureau, with the exception of five staff

members, are now participating in the United Nations Joint Staff Pension Fund;

Considering that these five staff members remain in the Pan American Union Retirement and

Pension Fund and now enjoy insurance benefits in cases of disability substantially greater than

those afforded under the Contingency Fund of the Pan American Union; and

Considering that the need for participation in the Contingency Fund has now disappeared, and

[bearing in mind] the recommendation made by the Executive Committee at its 14th Meeting,

RESOLVES

1. To approve the action of the Director in suspending negotiations with the Pan American Union

(2)

2. To recommend that coverage under the Contingency Fund of the Pan American Union not be

established for the staff members of the Pan American Sanitary Bureau who do not participate in

the United Nations Joint Staff Pension Fund.