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She lost the opportunity to “add to [her] currently held risk free investment account with a yield of approximately 6.5% per annum”; d. (...) However, and quite the contrary, the Applicant argues that she could have invested the money in a risk free investment account of approximately 6.5% per annum, and is asking for 8% of interest for the period from June 2015 to the date of payment. 52. (...) Therefore, since the difference in payment, i.e., MYR773.23, exceeds the amount of interest calculated above, the Tribunal cannot but find that even taking into account the potential interest she could have obtained through investment, the Applicant did not suffer any material damage. 57.
Language:English
Score: 574608.8 - www.un.org/en/internalj...dt/judgments/undt-2017-013.pdf
Data Source: oaj
By memorandum dated 6 November 2017 from the Chief of Administrative Services to the Applicant, the latter was informed that his P-5 level appointment would not be renewed because, referring to the Global Mechanism allegedly having its role in policy and investment analysis reduced, the Executive Director had decided to significantly change the functions of his position. (...) In consideration of the reduced role of the Global Mechanism in policy and investment analysis, the COP decided to create an independent Land Degradation Neutrality Fund outside of UNCCD. (...) The Tribunal notes that as evidence, the Respondent refers to the memorandum from the Chief of Administrative Services to the Applicant dated 6 November 2017, in which was stated in relevant part (emphasis added): Further to the meeting on 3 November 2017 with the Deputy Executive Secretary and the Chief of Administrative Services, this is to confirm that the job functions of your current post (post number 305233A1) have been changed significantly by decision of the Executive Secretary in consideration of the outcomes of the decisions taken at COP 13 in September 2017 and noting the reduced role of the Global Mechanism in policy and investment analysis. As a result, the functions of your post have been classified at the P-3 level, which would take effect on 1 January 2018.
Language:English
Score: 545112.2 - www.un.org/en/internalj...dt/judgments/undt-2020-043.pdf
Data Source: oaj
In UNDT/NY/2017/102, the Applicant contested the selection decision relating to Job Opening 61747, Chief Operating Officer at the D-1 level in the then Investment Management Division of the United Nations Joint Staff Pension Fund (“UNJSPF”). The Applicant was not shortlisted because he did not meet the desirable qualification of work experience in an investment environment. The Applicant alleged that this criterion was applied arbitrarily and unfairly and that UNJSPF was biased against him due to a previous Tribunal claim challenging the outcome of a different UNJSPF selection exercise.
Language:English
Score: 543938.3 - www.un.org/en/internalj...dt/judgments/undt-2019-091.pdf
Data Source: oaj
The Applicant contests the job opening for a D-2 position posted on the United Nations electronic system, Inspira, on the grounds that, inter alia, it is discriminatory as the required American commercial certification favours American males at the expense of candidates from other member states, and is contrary to the General Assembly Resolution requiring consultation with the UNJSPF Investment Committee and Chief Executive Officer. 2.
Language:English
Score: 534965.23 - www.un.org/en/internalj...es/undt/orders/ny-2015-036.pdf
Data Source: oaj
Castelli, as the returns to be obtained from the safest investments in United States dollars would have been much lower than 8 per cent for the period under consideration. (...) The argument that the relocation grant would be used to make private investments rather than to cover the relocation expenses is misleading.
Language:English
Score: 532946.24 - www.un.org/en/internalj...t/judgments/2010-unat-082e.pdf
Data Source: oaj
On 15 September 2010, the Applicant, a Desktop Editorial and Publishing Assistant at the G-4 level, grade 6, submitted an application in response to vacancy announcement VA10-ADM-UNJSPF-ECEO-15697r-New York(O) for the post of Investment Assistant (the “Post”) at the G-7 level, located in the United Nations Joint Staff Pension Fund (“UNJSPF” or the “Fund”). 3. (...) Prior experience in investment management also desirable. Prior experience in investment management also desirable. 39.
Language:English
Score: 530492.2 - www.un.org/en/internalj...dt/judgments/undt-2013-098.pdf
Data Source: oaj
On 22 April 2016, the Applicant, an Investment Officer on a fixed-term appointment at the P-4 level at the United Nations Joint Staff Pension Fund (“UNJSPF”), filed an application for suspension of action pending management evaluation.
Language:English
Score: 519168.4 - www.un.org/en/internalj...es/undt/orders/ny-2016-101.pdf
Data Source: oaj
She referred to “various decisions” taken by the Investment Management Division (IMD) of the United Nations Joint Staff Pension Fund (UNJSPF) during the specified time period and attached a document titled “Sequence of Events”, which set out her concerns and contentions in further detail. 3. (...) Despite the fact that the Appellant had not specified any contested decision with precision, the MEU, in its letter of 20 February 2015, identified five possible decisions in issue, namely: (a) a rejected request for annual leave in August 2010; (b) reassignment to cover a colleague on maternity leave in European Equities in April 2012; (c) reassignment to work with travel processing in July 2012; (d) lack of official reassignment from Administration to Investment since 2012; and (e) non-selection for the position of Senior Investment Assistant at the G-7 level in June 2014. (...) Ernest Hunt, a Senior Investment Officer at UNJSPF involved in her supervision, of her health issues in April 2014 and informed the Executive Office of UNJSPF in August and October 2014.
Language:English
Score: 518860.6 - www.un.org/en/internalj...at/judgments/2016-UNAT-694.pdf
Data Source: oaj
On 9 March 2015, the Applicant, a D-1 level Deputy Director for Risk and Compliance in the United Nations Joint Staff Pension Fund (“UNJSPF”), in New York, filed an application for suspension of action pending management evaluation of the decision to require that candidates for a D-2 job opening in the Investment Management Division should possess a Chartered Financial Analyst (CFA) certification to be eligible for consideration for this post.
Language:English
Score: 509145.5 - www.un.org/en/internalj...es/undt/orders/ny-2015-039.pdf
Data Source: oaj
It is obvious that the Applicant’s legal team invested a considerable amount of time and effort into drafting the application to ensure the Applicant’s case and defense have been properly presented.
Language:English
Score: 509145.5 - www.un.org/en/internalj...s/undt/orders/nbi-2020-096.pdf
Data Source: oaj