Net pension Net pensionable salary is that part of net salary that is used to derive the gross pensionable salary. Net pensionable salary is the total net salary less the

Gross pension Gross pensionable salaries have been derived through the application of staff assessment to net pensionable salaries.

Total net Total net remuneration is the sum of the non pensionable component and the net pensionable salary.

NPC The non pensionable component is that part of net salary excluded from the application of staff assessment in determination of the gross pensionable salary.

a Projection.

non pensionable component, i.e., 100 per cent of total net salary.

Management of petty cash

Mr. Terence Hay Edie (UNDP Global Environment Facility Small Grants Programme)

Total fund balance and income Expenditures

Two o'clock today. Cash. In small bills.

This represents a modest contribution, well below 10 per cent of the overall development assistance effort and only a fraction of total public investment which is estimated at more than 1 billion in 1996.

Core funds subtotal

For example, 98 per cent of the beneficiaries of the Government's microfinance and microcredit efforts were women.

192. The amount of the disability pension is calculated similarly to the amount of the old age pension.

UNCDF will continued to serve as the policy advisor to the UNDP group to ensure consistent application of the best microfinance practices.

The Consultative Group to Assist the Poor (CGAP) review of the UNDP microfinance portfolio found that MicroStart is the most successful model in the entire UNDP portfolio, and that the design and technical management of UNCDF were key factors behind its success.

(d) Size of the contingency fund expressed as a percentage of the overall level of resources

Total assessable payments

The court imposed a small fine on the driver.

The Pension Fund is a funded defined benefit plan.

(e) UNCDF will continue to serve as policy advisor to UNDP for microfinance, representing UNDP in CGAP and providing policy support to the Office of the Administrator.

An initial start up provision will be required to bridge the gap for payments coming due in 2006.

These calculations are effected separately for each year of a biennium.

If a child under the age of 2 becomes sick, the mother is given a social allowance, regardless of whether there is another family member who can look after the sick child. The size of the allowance is reckoned on the basis of the average monthly wage, but is no larger than 10 times the minimum accounting index. At the moment, it is 919 tenge.

With the exception of a petty cash balance of US 1,000, the Office does not handle any other cash directly.

(vi) Movement away from a defined benefit pension plan to a defined contribution plan

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Accountability for results in this area rests with the UNCDF Microfinance Unit. Some highlights

Income from outstanding assessed contributions and cash balances foreseen for December 1997 and early 1998 are not expected to be sufficient to finance the staff separation programme.

The pension is calculated on the basis of paid contributions.

Microfinance Objectives and strategy to 2010

More than 50 funds invest in microfinance.

Recognizing the need for access to financial services, in particular for the poor, including access to microcredit and microfinance,

The Committee was informed that only one of the three Board members reported costs higher than available resources.

Given that these withdrawals were out of the ex gratia payments into the trust funds, the Panel determines that it is inappropriate to deduct any amounts withdrawn from the trust funds from the Panel's recommended awards for the loss of support claims in the special instalment.

Actual and pro forma expenditures amounted to 283,976,700 gross ( 269,677,000 net).

Gross salaries are established for purposes of separation payments and as the basis for calculating tax reimbursements whenever United Nations salaries are taxed.

It is anticipated that additional funds will be received in 2005 and 2006.

ii.the surplus after accumulative amortization as determined according to the principles of the Accounting Standards for Enterprises No.

It would also be useful to carry the scale to three decimal places.

(i) We recognize the need for access to financial services, in particular for the poor, including through microfinance and microcredit.

The difference between gross and net salaries amounts to 433,529,400 after recosting for 2006 2007, and that amount is requested by the Secretary General as a global amount under section 35.

The poor would borrow relatively small amounts, and the processing and supervision of lending to them would consume administrative costs that would be disproportionate to the amount of lending.

(2)after plus or minus the accumulative amount of amortization incurred from amortizing the balance between the initially recognized amount and the amount of the maturity date by adopting the actual interest rate method and

48. The estimate represents the difference between gross and net emoluments, that is, the amount of staff assessment to which United Nations staff members are subject, in accordance with the Staff Regulations of the United Nations.