1. La Mutuelle International Civil Servants’ Mutual Association of the United Nations and Specialized Agencies, Geneva
February 2004

2. Keywords Non-profit association founded in 1959
Placed under the patronage of the Director-General of the United Nations Office at Geneva
To promote mutual assistance among staff members of the United Nations at Geneva and other Organizations within the United Nations family

3. To be a member, you must
Be a civil servant of either the United Nations Office at Geneva or of an affiliated organization
Be on the regular Geneva payroll and not on a local payroll
Hold a contract of employment valid for at least six months at the time of application for membership
Pay a registration fee of CHF 10,--

4. Activities of the Association
Loans (CHF only)
Deposits (CHF only)
Mobility Plan (from 1 January 2004)

5. Loans The Mutual Association grants its members two types of loans:
Housing loans
Ordinary loans
For both, monthly repayments are deducted from the salary.

6. Ordinary loans Maximum amount: 7 x net monthly take-home pay
Duration of loan: between 3 and 60 months
Interest rate: 6,50% per year, fixed for the entire duration of the loan
The monthly loan repayments may be up to a maximum of 25 percent of the net monthly take-home pay. The maximum duration of the loan depends on the expiration date of the borrower’s contract and his/her age of retirement and seniority in the Organization.

7. Housing loans Maximum amount: CHF 200’000.-
Duration of loan: between 2 and 10 years
Interest rate: 4% per year fixed for the first years of the loan
The monthly loan repayment can rise to a maximum of 35 percent of the net monthly take-home pay, including the cost of any ordinary loan.

8. Housing loans (ctd.)
The total monthly cost of the real estate transaction (including any bank loan) may reach a maximum of 45 percent of the net monthly take-home pay (spouse’s income may also be taken into consideration)
The maximum duration of the loan and its amount depend on the expiration date of the borrower’s contract with the organization, his or her age of retirement and seniority in the Organization, and the amount of the withdrawal settlement from the United Nations Joint Staff Pension Fund.
CHF 25’000.- will be added as an undertaking by the Mutual Association.

9. Deposits
The Mutual Association offers its members two types of accounts :
the current account
the deposit account

10. The current account
Deposits: unlimited. For amounts exceeding CHF30’000.- evidence of the origin of the funds will be required.
Withdrawals: unlimited
Prior notice of withdrawal: none, except for important amounts to be withdrawn in cash, for which a prior notice of one working day may be required.
Interest rate: 0,50 percent per year
Statement of account: half-yearly

11. Deposit accounts
Deposits: a maximum amount of CHF 2’000,- per month. Any amounts exceeding this limit will be automatically credited to a current account.
Withdrawals: unlimited.
Prior notice of withdrawal: 3 working days.
Interest rate: based on the results of the financial year. It is decided, on the proposal of the Board of Directors, by the General Assembly which is held within 6 months following the end of the financial year.

12. Deposit accounts (ctd.)
Members who retire on pension are allowed to deposit, within the month following payment, their final emoluments paid by the organization.
It is not possible to deposit any amount paid by the Pension Fund.
Statement of account: half-yearly.

13. Interest rates
Loans
Deposits

14. Mobility Plan
An undertaking for the promotion of sustainable development
Mobility Plan launched by the city of Geneva
United Nations Joint Staff Pension Fund and the Mutual Association
Partnership with the Geneva Public Transport Company (TPG) and the Swiss Federal Railways
Offering special rates to serving and retired officials of International Organizations who are members of the Mutual Association.

15. Mobility Plan (ctd.) The following may benefit from the Mobility Plan:
Geneva Public Transport Partnership:
- members of our Mutual Association
- spouses of retired members
Swiss Federal Railway Partnership:
- spouses of serving and retired members
- members’ children (up to 25 years)

16. Mobility Plan (ctd.) normal rate: CHF 700.- Examples :
Swiss Federal Railways (CFF):
annual free pass Geneva-Lausanne
normal rate: CHF 2’196.-
Mutual rate: CHF 2’098.-
Geneva Public Transport Company (TPG ):
Unireso® annual free pass
normal rate: CHF
Mutual rate : CHF
promotion rate up to : CHF

17. To contact us
UN, Palais des Nations, Office B-214, Library Building, door 20, 2nd floor.
Monday to Friday
- The Cashier’s desk is open non-stop from 10 a.m. to 3.30 a.m.
- The Secretariat will answer your calls from 9 a.m. to 12 a.m. and from 1 p.m. to 4 p.m.

18. To contact us (ctd.)
International Labour Office (ILO), Room No. 8, 6th Floor.
Every Thursday
- From 10 a.m. to 12 a.m. reserved only for:
* deposits and withdrawals of funds
* collection of loans by cheque or cash
- From 1 p.m. to 3.30 reserved only for :
* information and advice
* collection of loans by bank transfer