II ( 2 ) Provision for pensions and similar obligations This item comprises the accumulated contributions of the EMI towards the staff pension scheme . These contributions are required to cover the eventual cost of severance grants and any ill health pensions .

This includes a provision for pensions to members of the Executive Board of Euros 0.7 million ( 2000 Euros 0.6 million ) .

The ECB 's obligations in respect of the pension fund , including a provision based on the actuary 's report , amount to Euros 100.6 million ( 2002 Euros 72.4 million ) .

The main single factor in this increase was a provision against a rise in the ECB 's pension fund obligations , calculated on an actuarial basis .

This cost includes a provision for pensions to members of the Executive Board of Euros 1.9 million ( 2002 Euros 2.1 million ) and any supplementary contributions .

The total pension cost to the ECB including a provision for disability and post retirement benefits was Euros 14.9 million ( 2000 Euros 13.1 million ) .

23 Other income Other miscellaneous income during the year arose principally from the transfer of unused

For, behold, the Lord, Yahweh of Armies, takes away from Jerusalem and from Judah supply and support, the whole supply of bread, and the whole supply of water

For, behold, the Lord, the LORD of hosts, doth take away from Jerusalem and from Judah the stay and the staff, the whole stay of bread, and the whole stay of water,

The way to cure an ailing pension system is to cut pensions.

The total pension cost to the ECB including a provision for disability and postretirement benefits was Euros 21.7 million ( 2002 Euros 27.4 million ) .

The provision shall be equivalent to the relevant NCB 's share in the total amount of the provision calculated using the issue key .

Eurosystem agreement on emergency liquidity assistance .

Provision of information to ESMA and the Eurosystem 7 .

Each NCB shall set off the pro rata amount against its provision or , in the event that the inflow exceeds the provision , record a corresponding expense in its profit and loss account .

Other residents Non financial corporations

Insurance corporations and pension funds Insurance corporations and pension funds

corporations and pension funds Insur . corporations and pension funds

Changes in the pension adjustment system of the United Nations Joint Staff Pension Fund

The Governing Council shall review the total amount of the provision on an annual basis .

The cost of pension reforms should be measured on the basis of the pension scheme accounts .

Changes to the pension adjustment system of the United Nations Joint Staff Pension Fund

The ECB 's retirement plan The ECB operates a defined contribution pension scheme .

THE ECB' S RETIREMENT PLAN The ECB operates a defined contribution pension scheme .

ECB Opinion on Swedish cash provision legislation

Insur . corporations and pension funds

The best supply is piety. People of understanding have fear of Me.

Assuring the provision of public service through the award of public service contracts

Pension fund Risk management

Staff pension committees

Pension adjustment system

The continuing requirement for this provision is reviewed on an annual basis .

And take provision but the best provision is godfearing, so fear you Me, men possessed of minds!

And take provision for the journey, for verily the best provision is abstainment and fear Me, O men of understanding!

And take a provision (with you) for the journey, but the best provision is At Taqwa (piety, righteousness, etc.). So fear Me, O men of understanding!

And take provisions, but the best provision is righteousness. And be mindful of Me, O people of understanding.

Take necessary provisions for Hajj, and piety is the best of all provisions so refrain from disobeying Me, O men of understanding!

So make provision for yourselves (Hereafter) for the best provision is to ward off evil. Therefore keep your duty unto Me, O men of understanding.

And take provision, for indeed the best provision is Godwariness. So be wary of Me, O you who possess intellects!

Provide well for yourselves, the best provision is piety. Fear Me, O owners of minds.

And take provisions, but indeed, the best provision is fear of Allah. And fear Me, O you of understanding.

Make provision for yourselves but surely, the best of all provision is God consciousness. Always be mindful of Me, you that are endowed with understanding.

And take a provision (With you) for the journey, but the best of provisions is right conduct. So fear Me, o ye that are wise.

ECB Annual Report 2001

The pension system is ailing.