Hypertext: Object Class - Class to which a document belongs.
Document Name
V_T7UNPAD_RSCH
Use
In this IMG activity, you configure the rental subsidy/deduction scheme, which is an integral part of the post adjustment system.
The post adjustment index of a duty station includes a housing element calculated on the basis of average rents paid by international staff at the location. Experience has shown that newcomers tend to pay rents substantially higher than the average. Employees who have been at the duty station for some time may be placed in the same position for reasons beyond their control, if they are forced to change their dwelling. On the other hand, employees are sometimes provided with housing by a host government, which can result in a rent rate considerably below the market average. In the above circumstances, a rental subsidy or a rental deduction are applicable.
Requirements
Standard settings
In the standard system, the rental subsidy and deduction schemes are:
A - Rental subsidy and deduction scheme for Headquarters and duty stations in Europe and North America.
B - Rental subsidy and deduction scheme for duty stations outside Europe and North America.
Modified Scheme B - In duty stations where most of the staff stays in government-provided housing, and commercial rents are substantially higher. Here, the rates are as follows:
80% of the difference between average commercial rent and the rental threshold
90-95 % of difference between the rent paid and the average commercial rent
Note: These duty stations are published in International Civil Service Commission (ICSC) monthly circulars.
Activities
Select New Entries.
Enter a scheme under which the employee is eligible for rental subsidy in Sche field.
Enter the rental subsidy scheme description in the Scheme Description field.