a. Contributions to the General Secretariat's
Retirement and Pension Fund and Provident Fund shall be deducted from the salary of each
staff member paid at the end of each month. They shall then be translated from local
currency into U.S. dollars at the exchange rate used by the OAS five working days prior to
the payment of the end of month salaries (the payroll exchange rate), for deposit in the
Fund. Lump-sum withdrawals, pension, and other retirement-related payments are to be paid
in accordance with the rules and regulations governing the Retirement and Pension Fund and
b. At a staff member's written request, the
Secretariat may agree, for the staff member's convenience, to make deductions from the
staff member's monthly salary for deposits and payments to the OAS Credit Union. Such
deductions, if made, will be in local currency and converted into dollars at the payroll
c. For those duty stations in which health insurance
premiums must be paid in dollars, the General Secretariat will deduct in local currency,
an amount equal to the dollar value of the premium due at the payroll exchange rate.
Health insurance benefits shall be paid in the national currency of the duty station where
the health services covered by the insurance are rendered to the staff member.
d. The Dependency Allowance provided under Staff Rule
103.16(a) in each duty station for each primary dependent shall be three percent (3%) of
the salary which corresponds to a general services category staff member at the Grade E,
Step 10 level on the salary table for that duty station; for each secondary dependent, it
shall be one half of the amount paid for a primary dependent in the duty station.