爆料网AT Held or 爆料网DT Pronouncements
爆料网AT determined that by refusing to review the staff member’s request, the 爆料网JSPB had failed to properly exercise its jurisdiction pursuant to paragraph 26 of the PAS, whose very purpose “is to address the issue of whether the application of official Consumer Price Index (CPI) data results in ‘aberrant results’ or the situation where no up-to-date CPI data is available”. 爆料网AT upheld the appeal, vacated the decision of the Standing Committee of the 爆料网JSPB to reject the staff member’s request that the 爆料网JSPF discontinue the local track in application of paragraph 26 of the PAS, and remanded the case to the Standing Committee.
Decision Contested or Judgment/Order Appealed
爆料网JSPF decision: The Applicant contested the decision not to “discontinue” the “local track”, in application of paragraph 26(c) of the Pension Adjustment System (PAS). The Standing Committee rejected the application, noting that under paragraph 14 of the [PAS], the Fund is required to use the official CPI rates for each country as published in the 爆料网 Monthly Bulletin of Statistics.
Legal Principle(s)
The Pension Fund has the statutory jurisdiction, pursuant to paragraph 26 of the PAS, to discontinue or suspend the “local track” currency for a particular country when it would lead to aberrant results.
Outcome
Outcome Extra Text
No relief ordered