¹ Ordinary and extraordinary teachers of active FIEs who have been appointed before 1 ^Er January 1995 and did not reach age 65 to 1 ^Er January 2004 is compulsory for the Federal Pension Fund Publica (Publica). The amount of the exit provision of the pension scheme referred to in the Ordinance of 16 November 1983 on the body of the EPF masters ¹ Is equal to the total of the redemption amounts set out in paras. 2 and 3 after deduction of the amounts set out in paras. 4 and 5.

² In the basic plan is paid on 1 ^Er January 2004 for each teacher a redemption amount which is used to credit the number of years of insurance necessary for the rate of his or her pension, in the case of retirement on the first day of the month following the date on which he reaches the age of 65, Corresponds to the rate he would have obtained before he was transferred to the Publica. The gain secured to 1 ^Er January 2004, calculated according to the rules of Publica, is decisive for the calculation of the amount of the redemption amount.

³ In the supplementary plan, an old-age pension is credited to 1 ^Er January 2004 to each teacher as a redemption amount. This is calculated in such a way that, for a pension taken on the first day of the month following the date on which the insured reaches age 65, the sum of the old-age pensions paid under the basic plan and the supplementary plan Corresponds, in the model retained, to the annuity that would have been paid under the former pension plan. This calculation is done at 1 ^Er January 2004, is based on the following modelling assumptions:

A.

The insured treatment or gain, calculated in accordance with the rules of the Publica, grows 2 % per year after 1 ^Er January 2004, for the first time on 1 ^Er January 2005 and last on 1 ^Er January of the calendar year in which the insured person reaches the age of 65;

B.

The old age gives rise to the payment of an annual interest of 4 % from 1 ^Er January 2005, the decisive rate for the year 2004 being the effective interest rate applicable to old age in the supplementary plan;

C.

The conversion rate is 6.88 %.

⁴ Amounts deducted after 1 ^Er January 1995 for the purpose of encouraging the ownership of housing or in the context of a divorce is not taken into account in determining the rate of rent in accordance with the calculation method set out in paras. 2 and 3. The amounts collected and paid shall be capitalised at the annual rate of 4 % until 31 December 2003 and converted to 1 ^Er January 2004 in reduction of benefits according to the rules of Publica.

⁵ Redemption amounts due to 1 ^Er January 2004 under the old right is processed, as of that date, according to the rules of the Publica.

¹ Ordinary and extraordinary teachers appointed before 1 ^Er January 1995 who reached the age of 65 before 1 ^Er January 2004 or retired before that date are admitted as retirees in the Publica as of 1 ^Er January 2004. Current pensions are maintained at the same level. The compensation for the increase is governed by the rules of the Publica.

² Survivors' pensions for teachers who died after 1 ^Er January 1989, which is entitled to a pension from the Confederation, is paid by the Publica as from 1 ^Er January 2004. Current survivor annuities are maintained at the same level. The end of rights, survivor annuities acquired after 31 December 2003 and compensation for the increase are governed by the rules of the Publica.

³ Survivors' annuities of teachers who died before 1 ^Er January 1989, which is entitled to a pension from the Confederation, is paid by the Publica as from 1 ^Er January 2004. Current survivor annuities are maintained at the same level. The end of the right to rent continues to be governed by the statutes of 16 June 1971 of the Fund for Widows and Orphans of Teachers of Federal Polytechnic Schools. The compensation for the increase is governed by the rules of the Publica.

⁴ The expert in the field of professional foresight of the Publica calculates coverage capital by applying the 2000 CFA bases (4 %), plus the longevity supplement valid for the Publica.

The outstanding mortgage loans granted to professors by the former Fund for Widows and Orphans of Teachers of Federal Polytechnic Schools under the Statutes of 16 June 1971 are taken up and managed by the Federal Housing Agency Up to full refund. Their duration cannot be extended. The Federal Department of Economics, Training and Research ² Rules the loan conditions in a regulation.

The ordinance of 16 November 1983 on the body of the EPF masters ¹ Is repealed.

This order shall enter into force on 1 ^Er January 2004