The Fund’s Committee of Actuaries met in New York from 13 to 15 June 2022, when it considered the results of the latest actuarial valuation (at 31 December 2021).
The Fund, with the support of the United Nations International Computing Centre (UNICC), launched the DCE in February 2021 to modernize the process related to the retirees and beneficiaries’ yearly obligation to send a proof-of-life and residence to the Fund. They now have the option to issue their Certificate of Entitlement in a biometric format, using their phone or tablet, instead of sending the Fund a paper form.
Established in 1949 by the United Nations General Assembly, UNJSPF provides retirement, death, disability and related benefits for staff of the United Nations and other member organizations. The UN pension plan is a defined benefit plan which is not dependent on the investment return or longevity. The past actuarial valuations have confirmed the Fund is fully funded.
As a signatory to the United Nations’ Principles of Responsible Investing or PRI, the Office of Investment Management (OIM) incorporates environmental, social and governance (ESG) considerations throughout the investment decision-making process.
The new set of UNJSPF Pension eLearning Modules is intended to cater to all participants, retirees, and beneficiaries of the Fund, providing them with essential information on their UNJSPF pension plan along with pension rights, options and obligations and practical guidance.