Common use of Social Security and Pension Fund Arrangements Clause in Contracts

Social Security and Pension Fund Arrangements. UNDP does not make additional payments for social security and pension fund towards IPSAs. Optional coverage provided but not subsidized by UNDP UNDP will make available a range of optional benefits and coverages to be accessed by individuals directly and at their own expense. It is understood that UNDP has entered into an agreement with each of the service providers with no corporate liability on itself, but is only availing of these services for the direct benefit and at the full cost and responsibility of the IPSA Holder.