Euratom Framework Programme research and training 1994-1998: adjustment of funding following the 1995 enlargement

- OBJECTIVE: to introduce permanent retirement measures exclusively for officials of the European Parliament in order to meet the recruitment needs resulting from the accession to the Community of three new Member States (Austria, Finland and Sweden). - COMMUNITY MEASURE: Regulation 2688/95/EC, EURATOM, ECSC, introducing special measures for the permanent retirement of officials in the European Communities to coincide with the accession of Austria, Finland and Sweden. - SUBSTANCE: Parliament is authorised, up to 30.06.2000, to take measures to reduce the number of its officials who have reached the age of 55 (apart from grade A1 and A2 officials), to a limit of 70 persons over 5 years and at the rate of 14 officials per year commencing 01.07.1995. These measures are to be applied with the consent of the officials concerned and after consultation with the joint committee. They will take account of the age, the responsibilities, the performance, the conduct in service, the family situation and the length of service of the official in question. The latter factor must not be less than 10 years. The financial rights of the officials concerned are based on those established by the regulations on staff reductions adopted as a result of the accession of Spain and Portugal, both in respect of family allowances and social security benefits as well as severance pay (70% of the final basic salary up to the age of 65 or, at the latest, up to the date on which the minimum level of old-age pension is reached). - ENTRY INTO FORCE: 24.11.1995. �