Article II 1.08 Basis for Calculation of Benefits (Retirement and Disability Pensions) 

These benefits are calculated on the basis of the highest of the following amounts at the time of  termination of membership: 
   a) for members who joined the Fund on or before 31 December 2011:
      i) the reference salary corresponding to the remuneration for 40 hours' work per week;
      ii) 10/7 of the reference salary corresponding to 99.35% of the midpoint of grade 1 of the CERN salary scale.

Article II 1.13 Reduction of Benefits

Where during the period of membership a payment has been made into another pension scheme (Article II 1.10) or where the contribution has not been continuously based on the reference salary relative to the member's remuneration for 40 hours' work per week as provided for in Article II 1.03, the period of membership used in the calculation of benefits, at the time they become due, shall be equal to the total reckonable period of membership multiplied by the following ratio:

 

Article II 2.02 Amount of Retirement Pension 

Subject to the provisions of Article II 1.13, the amount of the retirement pension at the applicable retirement age, or of the deferred pension, shall  be  calculated by  taking:  

a) for members who joined the Fund on or before 31 December 2011, 2% of the Basis for the Calculation of Benefits, as set out in Article II 1.08, for each year of membership, up to a maximum of 35 years;

1. The Governing Board shall be entrusted by the Council with the overall management of the 

Fund and shall, in this regard, in particular: