Steps & Requirements for Separation
You should begin the separation process in advance, at least two months before your separation date. It is recommended that you contact the UNJSPF for an estimate of your benefit options within six months of your anticipated separation date or use the interactive Benefit Estimate tool through the Member Self-Service.
To review, calculate and process your benefit, the Fund must receive the following three mandatory separation documents:
1. Payment Instructions Form
Your original Payment Instruction (PI) on the correct form (PENS.E/6 for less than 5 years of contributory service or PENS.E/7 for more than 5 years of service) indicating the benefit option you have selected, the complete bank account information or voided check indicating the account at which you wish to receive payments, the currency of payment, and your email and mailing address with your original ink signature. The Fund must receive the original Payment Instructions form with your original ink signature.
2. Separation Notification form PF4
The original and duly completed, dated and signed Separation Notification form PF4 (financial clearance) issued and submitted to the Fund by the Payroll Office of your employing organization and signed by an authorized payroll or finance officer, detailing your pensionable remuneration and contributions since the end of the previous year; and
3. Separation Personal Action form (SEPPA)
The Separation Personal Action form (SEPPA) issued and submitted to the Fund by your employing organization, and indicating your official date of separation. Discrepancies will delay payments, so if you do not receive your payment promptly, inquire first with your member organization before contacting the Fund.
For more information on the process of separation or a detailed guide on how to fill out the Payment Instruction (PI) form, check out our comprehensive separation page. Furthermore, if you elect a periodic benefit, the Fund must receive also the following supporting documents (as applicable in your case) at the latest at the time of separation, in order for the Fund to set up all entitlements correctly:
- a copy of your Birth Certificate or valid passport;
- a copy of your valid photo ID document (e.g. Passport or other valid official, government issued photo ID, carrying your names, date of birth and signature – the “UN Laissez-passer” is NOT a valid ID document);
- a copy of your marriage certificate/s;
- a copy of your divorce decree/s;
- a copy of the birth certificate/s or valid passport of your current and/or former spouse/s (or copy of his/her valid passport or other official, government issued photo ID);
- a copy of the spouse’s official, government issued photo ID;
- a copy of the birth certificate(s) of your dependent child(ren) under 21 years of age;
- a copy of death certificate(s) for spouse(s), ex-spouse(s), child(ren), if applicable; and
- ORIGINAL Designation of Beneficiary form A2
Separating
When can I retire?
You may retire from your employing organization and receive a benefit at any time after your 55th birthday, provided that you have had five years or more of contributory service in the UN Joint Staff Pension Fund (UNJSPF).
If you have had less than five years of contributory service you can, irrespective of your age, only take a withdrawal settlement.
Supposing I separate from service and wish to transfer my pension rights to the pension plan of my new employer, how may I do so?
The transfer of pension rights is possible only on the basis of a formal transfer agreement between the UNJSPF and the pension plan of an international organization or national government. Please see Existing Transfer Agreements for the agreements concluded to date.
What is the difference between the normal retirement age and the mandatory age of separation?
The normal retirement age (62 for participants entering or reentering on or after 1 January 1990 instead of 60) is the age at which a UNJSPF participant can retire with a retirement benefit un-reduced on account of age. On the other hand, the mandatory age of separation is the age at which a staff member must separate from the service of his or her employing organization.
How far in advance of my retirement date should I start the process?
You should ask the UNJSPF (or your pension committee secretariat if you work at one of the Specialized Agencies) for an estimate of your benefit options within six months of your anticipated retirement date. You can also view the Benefit Estimate Programme. The estimate will allow the planning process to begin.
Full Retirement Benefit
You can opt for an un-reduced retirement benefit upon reaching your normal retirement age. You will be eligible to commute up to one third of the benefit into a lump sum. The benefit carries both potential survivor’s benefits and child’s benefit.
Early Retirement Benefit
Supposing I want to leave before age 55?
If you have had at least five years of contributory service you may either:
- take a withdrawal settlement thus relinquishing all rights to a retirement benefit from the UNJSPF;
- defer your choice of benefit for up to 36 months after separation with no interest accrued during the period of deferment or;
- elect to take a deferred retirement benefit which would be payable at any age you choose after age 55.
What is the difference between a deferred retirement benefit and a withdrawal settlement?
A withdrawal settlement is a one-time payment that relinquishes all rights to a retirement benefit from the UNJSPF. A deferred retirement benefit means that you have decided to leave your monies in the UNJSPF until you reach any age on or after the age of 55.
However, you should be aware that a deferred retirement benefit would only accrue cost-of-living increases on and after the age of 55. Additionally, if you choose to commence payment before you reach the normal retirement age (either 60 or 62), that amount will be reduced.
If I decide to leave at age 55 or older but before the mandatory age of separation and take a benefit will I be penalized?
Under the Regulations of the UNJSPF (Article 29) your benefit would be paid at the standard annual rate for a retirement benefit, reduced for each year or part of year thereof by which your age was less than the normal retirement age.
This reduction would be 6% per year unless your contributory service was 25 years or longer, but after 30 years the reduction is 1 per cent per year. More information may be found in our Early Retirement Benefit page.
Deferred Retirement Benefit
Opting for deferred retirement means your benefit will become payable at your normal retirement age or, at your request, anytime between the date at which you become eligible for an early retirement benefit and your normal retirement age. Should you elect to commence your deferred retirement benefit before your normal age of retirement, an according reduction factor will be applied for life to your entitlement. For participants who separated before 31 December 1989 no adjustment shall be applied to their benefit prior to reaching the age of 50. For participants separating from service on or after 31 December 1989 no adjustment shall be applied to their benefit prior to them reaching the age of 55. Such benefit carries potential surviving spouse’s benefit(s) but does not carry eligibility to a child benefit. Furthermore, if you elected a deferred retirement benefit and re-join the Fund in the future you will not be entitled to restore your prior contributory service, and instead you will have a new and separate pension account for the new period of contributory service. For more information, check out our Deferred Retirement Benefit page.
Withdrawal Settlement
Opting for a withdrawal statement means your benefit will be received in a one-time payment consisting of the reimbursement of your contributions plus 3.25% interest (increased by 10% for each year after your first five years with the Fund, up to a maximum of 100%). Please note that if you elect a withdrawal statement, no other benefit will be paid to you or your survivors. Should you receive a withdrawal settlement and re-join the Fund in the future you will be entitled to restore the period for which the withdrawal settlement was paid to you. For more information, check out our Withdrawal Settlement page.
Lump Sum
If I decide to take a lump sum does it have to be a one third lump sum?
No. You may take any amount as a lump sum provided that it does not exceed the actuarial equivalent of one third of your benefit or your contributions with interest. For more information, check out our Lump Sum page.
May I have my lump sum paid into a different account than my monthly benefit?
Yes. The Payment Instruction form provides for this. For more information, check out our Lump Sum page.
If I wish to receive my lump sum in a currency other than US dollars how will the conversion be done? And what about the monthly pension?
Your US dollar lump sum would be converted by the bank, using the bank rate of exchange available at the time of payment. On the other hand, should you request to receive your periodic benefit in an equivalent currency, the UNJSPF itself would establish the amount payable by using the UN Operational rate of exchange in effect for the month preceding the calendar quarter of payment. See also the question above on the local or two-track pension system.
Two-Track Pension Adjustment System
What is that and would it apply to me?
If you intend to live outside the United States, you may consider having a local currency pension, adjusted by the local cost of living, rather than the dollar pension. This is called the local track under which your monthly pension is established in the currency of your country of residence and adjusted by the local cost of living, as opposed to having a dollar pension adjusted by the United States cost of living.
Such a choice avoids the fluctuation of the monthly pension in local currency and provides stability in the currency of the country of residence. Should you decide to go on the local track please bear in mind that you will be permanently on that track and will not be able to revert solely to the dollar track, unless you meet the conditions outlined in section N of the UNJSPF Pension Adjustment System.
If you are considering going on the local track you can always ask the UNJSPF for an estimate of your benefit under the double track pension adjustment system either before or after you separate from service. Further information may be found in our Two Track Pension Adjustment page.
Can I change my choice of benefit after my initial election has been processed?
The former participant cannot for any reason, subsequently change a benefit election once implemented by the UNJSPF. Therefore, if you have more than one way of taking your benefit, it is important that you consider carefully, before you choose, what your decision may imply both for you and your family, since once acted upon, your decision is irrevocable.
Will my benefit be adjusted for inflation?
Your US dollar monthly benefit will be adjusted according to cost-of-living changes as measured by the US Consumer Price Index (US-CPI), provided the minimum movement in the CPI (currently 2%) has occurred. For a beneficiary who opts to provide proof of residence in a country other than the United States, the benefit under the two-track Pension Adjustment System is adjusted by the CPI of both the United States (dollar track) and the actual country of residence (local track) and is paid in accordance with the comparison feature to account for exchange rates. Please note that when a benefit is first adjusted for a change in the cost-of-living, the adjustment is reduced by 1.5 percentage points.
Process of Separating & Forms
If I have submitted my resignation on early retirement or I am separating at the mandatory age of separation (60 or 62 dependent on when recruited), or I am separating with a withdrawal settlement what happens next?
For all types of Separations the UNJSPF needs to receive from your employing organization: (i) the separation documentation indicating the official date of your separation and (ii) the details of your pensionable remuneration and contributions since the end of the previous year and any adjustments that might be due for prior years.
What else do I do or what am I responsible for?
You must complete payment instructions (PENS.E/6 if you have less than 5 years of contributory service in the UNJSPF or PENS.E/7 if you have 5 or more years). Your payment instructions must indicate the benefit election you have made (where options exist), the complete bank account into which you wish payment to be made, the currency of payment and your mailing address.
In addition, please note that completed form bearing your original signature must be submitted to the UNJSPF; no faxes or e-mails will be accepted. For staff members who are retiring, official documents attesting to birth, marriage and/or divorce are required. These may already be available in the UNJSPF but it is best to check that this is so either with the UNJSPF or with your pension committee secretariat if you work for a Specialized Agency.
Birth certificates are also required for dependent children who are not married and are under the age of 21 and for disabled children.
Where can I obtain the Payment Instructions?
You may download them from the UNJSPF Forms page or you may request it from your local pension secretariat (if you are separating from a Specialized Agency) or the UNJSPF itself.
How do I fill it out?
There is a guide at the back of the Separation Booklet and on the UNJSPF website to help you in filling out that form. PLEASE REMEMBER THAT IF YOU DO NOT FILL OUT THE FORM LEGIBLY OR ACCURATELY THERE MAY BE A DELAY IN PROCESSING YOUR PAYMENT. Do not fill in the first page if you wish processing of your benefit to proceed expeditiously.
Why do I keep hearing that the UNJSPF takes so long to process the initial pension payments?
The UNJSPF makes every effort to process benefits within 15 days of receipt of all required documentation. If there are delays, this is usually because:
- the separation notification and/or details of your contributions and pensionable remuneration from your employing organization have been delayed;
- you have not submitted or have been delayed in submitting your Payment Instructions or the Payment Instructions you have submitted are not acceptable;
- the UNJSPF does not have complete or accurate personal data on you or your dependents such as date of birth, marital status, number of dependent children, etc.
What do I do if I find that my pension payment has not been processed as soon as I had hoped?
Contact your employing organization to ensure that all the documents required by the UNJSPF have been processed. Speak to your local pension secretariat if you worked for a Specialized Agency or the UNJSPF itself if you worked for the UN family of organizations to determine what the cause of the delay is.
Survivor's Benefit
Will my spouse be entitled to a benefit?
If you are in receipt of a retirement, early retirement, deferred retirement or disability benefit, and if your spouse should survive you while having remained legally married to you, she/he would become entitled to a survivor’s benefit upon your death.
If there were two or more spouses who are legally recognized (i.e. in a Moslem country where polygamy is legal), the survivor’s benefit would be divided among such spouses. Also, a benefit may be payable to a former spouse who fulfills all the criteria for entitlement to a divorced surviving spouse’s benefit.
In such an event, the survivor’s benefit would be divided between the spouse and the former spouse in proportion to the duration of their marriages to the participant. Click here for full information on survivor’s benefits, or check out articles 34, 35, 35 bis and 35 ter of the UNJSPF’s Regulations & Rules.
If I marry/remarry after retirement, would my new spouse be entitled to a benefit?
No, your spouse would not be eligible for a survivor’s benefit in the event of your death. However, you may purchase a benefit for a spouse married after separation from service through a reduction in your own monthly benefit by submitting an application to the UNSJPF within 180 days of the date of marriage/remarriage.
For more information please consult our Survivor’s Benefit page.
Is my pension different if I am single or married?
No, the potential survivorship element is not taken into account in the calculation of a pension benefit. The amount of your benefit would not be different whether you are married or single when you retire.
Will my children be entitled to benefits?
A child’s benefit is payable on behalf of unmarried children under the age of 21. If you are eligible for a retirement benefit, the child’s benefit begins at the same time as your own benefit. For the recipient of an early retirement benefit, a child’s benefit is payable as from the time a participant who had separated on early retirement reaches his/her normal retirement age (60 or 62), except that payment of a disabled child’s benefit commences at the same time as an early retirement benefit. A benefit for a disabled child continues for as long as the child remains incapacitated within the meaning of the UNJSPF Regulations. A benefit is not payable for a child born after the date of your separation, unless the child was conceived before then. Nor is a child’s benefit payable if you have taken a deferred retirement benefit or a withdrawal settlement. Also, please note that the UNJSPF does not provide a benefit for children who continue their higher education after reaching age 21.
Before I retire, do I have to provide the UNJSPF with a new form indicating to whom I would like my residual benefit to be paid to should I die?
A residual benefit would only be applicable if you died before the UNJSPF had paid out the equivalent of your own contributions plus interest. In such cases, i.e. if you did NOT take a one third lump sum or if the total of the lump sum plus the amount of periodic benefits paid by the UNJSPF is less than your own contributions plus interest, a residual settlement could be due if you died without a surviving spouse, dependent child under the age of 21 who has not married, disabled child, or secondary dependent.
What do I do about after service health coverage?
Any queries regarding after service health coverage (ASHI) should be directed to your employing organization since it is that organization that bears the responsibility for such coverage.
What about taxes on my benefit?
Each country determines, based on its own relevant national tax legislation and policies, whether and to what extent UNJSPF pensions are subject to national taxation. The UNJSPF does not maintain official up-to-date familiarity with national tax laws since beneficiaries reside in over 180 countries. Therefore, for authoritative advice on tax issues, you should consult your local tax authority or an attorney or accountant who specializes in such matters. Please note that the UNJSPF itself makes no tax reimbursements to its beneficiaries under any circumstances. Any reimbursement of national income taxes that may be payable on certain UNJSPF benefits is done by the former employing organization. For more information, view our Taxation of UNJSPF Benefits page.
Regulations & Rules
(a) A retirement benefit shall be payable to a participant whose age on separation is the normal retirement age or more and whose contributory service was five years or longer.
(b) The benefit shall, subject to (d), (e) and (f) below, in respect of any period or periods of participation commencing on or after 1 January 1983, be payable at the standard rate obtained by multiplying:
- (i) The first five years of the participant’s contributory service, by 1.5 per cent of the final average remuneration;
- (ii) The next five years of contributory service, by 1.75 per cent of the final average remuneration;
- (iii) The next 25 years of contributory service, by 2 per cent of the final average remuneration; and
- (iv) The years of contributory service in excess of 35 and performed as from 1 July 1995, by 1 per cent of the final average remuneration, subject to a maximum total accumulation rate of 70 per cent.
However, in respect of a participant with a prior period of contributory service of five years or longer ending between 1 January 1978 and 31 December 1982, the standard annual rate specified above shall be calculated by taking into account as periods of contributory service for the purpose of subparagraphs (i), (ii) and (iii) above the period of contributory service before 1 January 1983.
(c) The benefit shall, subject to (d), (e) and (f) below, in respect of any period of participation commencing prior to 1 January 1983, be payable at the standard annual rate obtained by multiplying:
- (i) The first 30 years of the participant’s contributory service, by 2 per cent of the final average remuneration;
- (ii) The years of contributory service in excess of 30, but not exceeding five, by 1 per cent of the final average remuneration; and
- (iii) The years of contributory service in excess of 35 and performed as from 1 July 1995 by 1 per cent of the final average remuneration, subject to a maximum total accumulation rate of 70 per cent.
(d) (i) However, except as provided in (ii) below, the benefit otherwise payable at the standard annual rate in accordance with the applicable provisions of (b) or (c) above to a participant at a level above D-2, top step, of the scale of pensionable remuneration indicated in article 51 (see appendix B below), shall not exceed, as at the time of the participant’s separation, the greater of:
- (A) 60 per cent of the participant’s pensionable remuneration on the date of separation; or
- (B) The maximum benefit payable under the provisions of (b) or (c) above to a participant at the level D-2 (top step for the preceding five years) separating on the same date as the participant;
- (ii) However, for a participant separating at the level of Under‑Secretary‑General, Assistant Secretary‑General or their equivalent level, to whom the provisions of (i) above are applicable, the benefit payable shall not be less than the benefit that would have been payable at the standard annual rate if the participant had separated from service on 31 March 1986; for participants separating at other levels above D‑2, top step, in the scale of pensionable remuneration in appendix B below, to whom the provisions of (i) above are applicable, the benefit payable shall not be less than the benefit that would have been payable at the standard annual rate if the participant had separated from service on 31 March 1993; for participants who entered or re-entered the Fund at an ungraded level before 1 April 1993, the provisions of (i) above shall not be applicable.
(e) The benefit shall however be payable at the minimum annual rate which is obtained by multiplying the years of the participant’s contributory service, not exceeding 10, by the smaller of 180 dollars [increased to 1,034.96 dollars effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System (Click here)1 or 1/30 of the final average remuneration, if the benefit so calculated would be greater than the amount under (b) or (c) above.
(f) The annual rate of the benefit shall nevertheless not be less, when no other benefit is payable on account of the participant under these Regulations, than the smaller of 300 dollars [increased to 1,646.16 dollars effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System (Click here)1 or the final average remuneration of the participant.
(g) A benefit payable at the standard annual rate may be commuted by the participant into a lump sum subject to the following limitations and to supplementary article D, where applicable:
(i) If the rate is 300 dollars or more, the amount of the lump sum may not exceed the smaller of:
- (A) The actuarial equivalent of one third of the benefit; or
- (B) The actuarial equivalent of one third of the maximum benefit that would be payable to a participant retiring at the normal retirement age, on the same date as the participant, with a final average remuneration equal to the pensionable remuneration on that date for the top step of level P‑5 on the scale of pensionable remuneration in appendix B below;
(ii) Nevertheless, if the amount calculated under (i) above is less than the amount of the participant’s own contributions, then the benefit may be commuted to the extent of the latter amount;
(iii) If the rate is less than 1000 dollars, the benefit may be commuted to the extent of its full actuarial equivalent; if a participant is married, the prospective benefit payable to his or her spouse may also be commuted at the standard annual rate of such benefit.
(h) A benefit payable at the minimum rate under (e) or (f) of this article may be commuted into a lump sum as in (g) above, if the participant elects to receive it instead at the standard annual rate.
Participation in the Fund has commenced or recommenced prior to 1 January 2014:
(a) An early retirement benefit shall be payable to a participant whose age on separation is at least 55 but less than the normal retirement age and whose contributory service was five years or longer.
(b) The benefit shall be payable at the standard annual rate for a retirement benefit, reduced for each year or part thereof by which the age of the participant on separation was less than the normal retirement age (60 or 62), at the rate of 6 per cent a year, except that:
- (i) If the contributory service of the participant was 25 years or longer but less than 30 years, the standard annual rate would be reduced by 2 per cent a year in respect of the period of contributory service performed before 1 January 1985, and 3 per cent a year in respect of the period of such service performed as from 1 January 1985; or
- (ii) If the contributory service of the participant was 30 years or longer, the standard annual rate would be reduced by 1 per cent a year;
provided however that the rate in (i) or (ii) above shall apply to no more than five years.
Participation in the Fund has commenced or recommenced on or after 1 January 2014:
(c) An early retirement benefit shall be payable to a participant whose age on separation is at least 58 but less than the normal retirement age and whose contributory service was five years or longer.
(d) The benefit shall be payable at the standard annual rate for a retirement benefit, reduced for each year or part thereof by which the age of the participant on separation was less than the normal retirement age (65), at the rate of 6 per cent a year, except that:
- (i) If the contributory service of the participant was 25 years or longer, the standard annual rate would be reduced by 4 per cent a year; and
- (ii) The rate in (i) above shall apply to no more than five years.
(e) The benefit may be commuted by the participant into a lump sum to the extent specified in article 28(g) for a retirement benefit.
(a) A deferred retirement benefit shall be payable to a participant whose age on separation is less than the normal retirement age and whose contributory service was five years or longer.
(b) The benefit shall be payable at the standard annual rate for a retirement benefit and shall commence at the normal retirement age, or, if the participant so elects, at any time once the participant becomes eligible to receive an early retirement benefit from the Fund, provided that in such event it shall be reduced in the same manner and under the same conditions as specified in article 29.
(c) The benefit may only be commuted by the participant into a lump sum if the rate of the benefit at the normal retirement age is less than 1000 dollars. Such commutation shall be equivalent to the full actuarial value of the benefit.
(a) A withdrawal settlement shall be payable to a participant whose age on separation is less than the normal retirement age, or if the participant is the normal retirement age or more on separation but is not entitled to a retirement benefit.
(b) The settlement shall consist of:
- (i) The participant’s own contributions, if the contributory service of the participant was less than five years; or
- (ii) The participant’s own contributions increased by 10 per cent for each year in excess of five up to a maximum of 100 per cent, if the contributory service of the participant was more than five years.
(a) The payment to a participant of a withdrawal settlement, or the exercise by a participant of a choice among available benefits, or between a form of benefit involving payment in a lump sum and another form, may be deferred at the participant’s request for a period of 36 months.
(b) A participant who deferred a choice under (a) above shall, if the choice is not made within the period by submitting applicable payment instructions, be deemed to have chosen a deferred retirement benefit if his or her age on separation was less than the normal retirement age.
(a) A disability benefit shall, subject to article 41, be payable to a participant who is found by the Board to be incapacitated for further service in a member organization reasonably compatible with his or her abilities, due to injury or illness constituting an impairment to health which is likely to be permanent or of long duration.
(b) The benefit shall commence on separation or, if earlier, on the expiration of the paid leave due to the participant and shall continue for as long as the participant remains incapacitated, provided that incapacity shall be deemed to be permanent once the former participant reaches an age seven years less than that when he or she would have been entitled to receive a normal retirement benefit, except in cases where the normal retirement age is 60, in which case the period shall be five years less than the normal retirement age.
(c) The benefit shall, if the age of the participant on entitlement is the normal retirement age or more, be payable at the standard or the minimum annual rate for a retirement benefit as the case may be; if the age of the participant is less than the normal retirement age, the benefit shall be payable at the rate of the retirement benefit which would have been payable had the participant remained in service until the normal retirement age and had the final average remuneration remained unchanged.
(d) The annual rate of the benefit shall, notwithstanding (c) above, not be less, when no other benefit is payable on account of the participant under these Regulations, than the smaller of 500 dollars [increased to 2,741.04 dollars effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System (Click here)1 or the final average remuneration of the participant.
(e) A benefit which is discontinued shall, if a participant who has been separated https://www.unjspf.org/regulations-and-rules-of-the-unjspf/#memorandum-on-current-flat-rates-benefitsdoes not upon such discontinuance again become a participant, be converted at his or her option to a deferred retirement benefit or a withdrawal settlement, calculated as at the date of commencement of the disability benefit.
(f) The Board may prescribe the extent to which and the circumstances in which a disability benefit may be reduced when the beneficiary, although remaining incapacitated within the meaning of this article, is nevertheless in paid employment.
(a) A widow’s benefit shall, subject to article 41 and to (b) below, be payable to the surviving female spouse of a participant who was entitled to a retirement, early retirement, deferred retirement or disability benefit at the date of his death, or who died in service, if she was married to him at the date of his death in service or, if he was separated prior to his death, she was married to him at the date of separation and remained married to him until his death.
(b) A benefit shall nevertheless not be payable if the participant had commuted his widow’s prospective benefit under article 28 or 29.
(c) The benefit shall, if the participant died in service or during entitlement to a retirement, early retirement or disability benefit, be payable at the standard annual rate of half the retirement or disability benefit which would have been payable to the participant had he become entitled thereto at the date of his death, or of half of his retirement, early retirement or disability benefit including such part thereof as may have been commuted, as the case may be, provided that the rate shall not be less than the smaller of:
- (i) 750 dollars [increased to 4,314.48 dollars under the UNJSPF Pension Adjustment System, effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System (Click here)1 or
- (ii) Twice the standard annual rate above.
(d) The annual rate of the benefit shall, notwithstanding (c) above, not be less, when no other benefit is payable on account of the participant under these Regulations, than the smaller of 500 dollars [increased to 2,741.04 dollars under the UNJSPF Pension Adjustment System, effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System (Click here)1 or the final average remuneration of the participant.
(e) The benefit shall, if the participant died after the commencement of a deferred retirement benefit which had not been commuted under article 30(c), be payable at half the annual rate of such benefit and, if he died before its commencement, at the rate of half the actuarial equivalent at the date of death of the annual rate of the benefit at the normal retirement age.
(f) The benefit shall be payable at periodic intervals for life, provided that a benefit payable at an annual rate of less than 600 dollars may be commuted by the widow into a lump sum which is the actuarial equivalent of the benefit at the standard annual rate under (c) above, or the annual rate under (e) above, as the case may be.
(g) The benefit shall, where there is more than one surviving spouse, be divided equally between the spouses, and upon the death of each such spouse shall be equally divided among the remainder.
(h) Notwithstanding the provisions of (a) and (f) above, with respect to a surviving spouse who had remarried prior to 1 April 1999 the benefit under (a) above shall be payable as from 1 January 2001, subject to recovery (with interest) of the lump sum payment that had been made to that surviving spouse upon remarriage, as provided in the Regulations then in effect.
A widower’s benefit, at the rates and under the conditions applicable in article 34 to a widow’s benefit, shall be payable to the surviving male spouse of a participant.
(a) Any divorced spouse of a participant or former participant, separated on or after 1 April 1999, who was entitled to a retirement, early retirement, deferred retirement or disability benefit, or of a participant who died in service on or after that date, may, subject to the provisions of article 34(b) (applicable also to widowers), request a former spouse’s benefit, if the conditions specified in paragraph (b) below are fulfilled.
(b) (b) Subject to paragraph (d) below, the divorced spouse is entitled to the benefit set out in paragraph (c) below, payable prospectively following receipt of the request for a divorced surviving spouse’s benefit, if, in the opinion of the Chief Executive Officer of the Fund, all of the following conditions are fulfilled:
- (i) The participant had been married to the former spouse for a continuous period of at least ten years, during which contributions were paid to the Fund on account of the participant or the participant was awarded a disability benefit under article 33 of the Regulations;
- (ii) The participant’s death occurred within 15 years of the date when the divorce became final, unless the former spouse proves that at the time of death the participant was under a legal obligation to pay maintenance to the former spouse;
- (iii) The former spouse has reached the age of 40. Otherwise the benefit entitlement shall commence on the day immediately following the day that age is reached; and
- (iv) Evidence is provided that a divorce settlement does not have an express renouncement of UNJSPF pension benefit entitlements;
(c) A former spouse who, in the opinion of the Chief Executive Officer, has met the conditions set out in paragraph (b) above shall be entitled to the widow’s or widower’s benefit under article 34 or 35 as the case may be; however, if the participant is survived by both one or more such former spouses and/or by a spouse entitled to a benefit under article 34 or 35, the benefit payable under article 34 or 35 shall be divided between the spouse and former spouse(s) in proportion to the duration of their marriages to the participant.
(d) Article 34(f) and (g) shall apply mutatis mutandis.
(e) The divorced spouse of a former participant who separated before 1 April 1999 and, in the opinion of the Chief Executive Officer, met all the other eligibility conditions in paragraphs (a) and (b) above shall be entitled to a benefit equal to twice the minimum surviving spouse’s benefit under article 34(c), payable as of 1 April 1999 or from the first day of the month succeeding the death of the former participant, whichever is later, subject to the proviso that the amount of such benefit cannot exceed the amount payable to a surviving spouse of the former participant.
(a) A former participant receiving a periodic benefit may elect to provide a periodic benefit for life in a specified amount (subject to paragraph (b) below) to a spouse who was not married to him or her at the date of separation. Such election shall be made within one year of the date of marriage and shall become effective 18 months after the date of marriage. The benefit shall be payable as of the first day of the month following the death of the former participant. When the election becomes effective, the benefit payable to the former participant shall be reduced in accordance with actuarial factors to be determined by the Fund’s Consulting Actuary. An election under this subsection may not be revoked after it becomes effective, except by an explicit request in writing by the former UNJSPF retiree who has divorced the new spouse or by the death of the spouse, in which case it will be considered terminated as from that date. The UNJSPF retiree may rescind his or her decision to provide a periodic benefit for life to a spouse married after separation by providing the Fund with a final divorce decree issued by a competent national court. Payments made for the annuity before such a cancellation will not be refunded to a UNJSPF retiree, neither do such payments convey to the divorced spouse a benefit entitlement from the Fund.
(b) Any election made under paragraph (a) shall be subject to the following:
- (i) The amount of the periodic benefit payable to the former participant, after reduction owing to elections made pursuant to paragraph (a) above, shall be at least one half of the benefit that would have been payable without any such elections; and
- (ii) The amount of the benefit payable to the spouse shall not be larger than the amount of the benefit payable to the retired participant after reduction for the elections.
(a) A child’s benefit shall, subject to (b) and (c) below, be payable for each child of a participant who is entitled to a retirement, early retirement or disability benefit or who has died in service, while the child remains under the age of 21.
(b) A benefit shall be payable for a child who is over the age of 21 if the child is found by the Board to have been incapacitated by illness or injury for substantial gainful employment:
- (i) On reaching the age of 21, if immediately prior thereto a child’s benefit was payable; or
- (ii) At the time of the death in service or entitlement to a benefit of the participant.
A benefit payable as above shall continue for as long as the child remains incapacitated.
(c) A child’s benefit shall, notwithstanding (a) above, not become payable, if the participant has chosen an early retirement benefit, until the participant dies or reaches the normal retirement age, except to a child under the age of 21 found by the Board to be disabled.
(d) The benefit shall, during the continuance of any periodic benefit resulting from retirement, early retirement, disability or death in service, but subject to (e) and (f) below, be payable at the annual rate of one third of the benefit payable to the participant or, if the participant died in service, one third of the retirement or disability benefit which would have been payable if the participant had become entitled thereto at the date of death, subject to a minimum of 300 dollars per annum [increased to 1,727.52 dollars under the UNJSPF Pension Adjustment System, effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System and a maximum of 600 dollars [increased to 3,436.32 dollars under the UNJSPF Pension Adjustment System, effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System.
(e) The benefit, if no other periodic benefit is payable and there is no surviving parent able, in the opinion of the Board, to support the child, or if the other periodic benefit payable is to a surviving spouse who is not a natural or adoptive parent and does not have custody of the child, and further subject to (f) below, shall be payable at the rate in (d) above increased by the greater of:
- (i) 300 dollars [increased to 1,727.52 dollars under the UNJSPF Pension Adjustment System, effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System or one quarter of the retirement, early retirement or disability benefit from which it is derived, if one child’s benefit is payable; and
- (ii) 600 dollars [increased to 3,436.32 dollars under the UNJSPF Pension Adjustment System, effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System or half the retirement, early retirement or disability benefit from which it is derived, and divided by the number of eligible children, if more than one such benefit is payable.
(f) The total benefits payable under (d) above shall nevertheless not exceed an annual rate of 1,800 dollars [increased to 10,349.64 dollars under the UNJSPF Pension Adjustment System, effective 1 April 2014] subject to subsequent adjustments in accordance with the movement of the United States CPI under the Pension Adjustment System nor shall the total benefits under (d) or (e) above, added to any retirement benefit payable under article 28(b), (c), (d) or (e), early retirement benefit under article 29(b), disability, widow’s or widower’s benefit exceed the final average remuneration of the participant added to the total annual children’s allowances that were payable by the member organization at the time the participant was separated.
(g) Benefits payable under this article shall be recalculated as may be required to achieve the purposes of (e) and (f) above.
(a) A secondary dependant’s benefit shall, subject to article 41 and to (b) below, be payable to not more than one surviving secondary dependant of a participant who was entitled to a retirement, early retirement, deferred retirement or disability benefit at the date of death, or who died in service.
(b) A secondary dependant’s benefit shall nevertheless not be payable:
- (i) Where a benefit is or was payable to a child or to the surviving spouse, including to a divorced spouse, of the participant; and
- (ii) In the case of a brother or sister, where the benefit payable to the participant was a deferred retirement benefit.
(c) The benefit shall be payable at the following rates:
- (i) In the case of a mother or father, at the rates and under the conditions applicable in article 34(b), (c), (d), (f) and (h) to a widow’s or widower’s benefit;
- (ii) In the case of a brother or sister, at the rate applicable in article 36(d) to a child’s benefit and shall be payable or shall continue to be payable beyond the age of 21 under the conditions of article 36(b).
(d) In the event that more than one person is eligible under this article, the benefit shall be payable to the person designated by the Board.
(a) A residual settlement shall be payable if, upon the death of a participant and the exhaustion, as the case may be, of any entitlements due under these Regulations to his or her survivors, the total amount of the benefits paid to and on account of the participant is less than the participant’s own contributions.
(b) The settlement shall be payable to a beneficiary designated by the participant and alive when the payment is due; failing such beneficiary, the settlement shall be paid to the estate of the participant.
(c) The settlement shall consist of the participant’s own contributions at the date of his or her separation or death in service, reduced by the total amount of the benefits paid to and on account of the participant.
(a) Entitlement to a disability benefit or to a benefit payable in case of death, during a period of leave without pay granted for the performance of military service, shall instead be to a withdrawal settlement calculated as of the day immediately preceding the commencement of such leave, in accordance with article 31.
(b) In the event that a participant becomes entitled to a retirement, early retirement or deferred retirement benefit on separation during a period of leave without pay, a widow’s, widower’s, child’s or secondary dependant’s benefit shall not be payable unless entitlement thereto would have existed had the participant died on the day immediately preceding the commencement of such leave.
(a) If a former participant who is entitled to a retirement, early retirement or deferred retirement benefit under these Regulations again becomes a participant, entitlement to such benefit or to a benefit derived therefrom shall be suspended and no benefit shall be payable until the participant dies or is again separated.
(b) Such a participant who again becomes a participant and is again separated after at least five years of additional contributory service shall also be entitled, at the time of such subsequent separation, in respect of such service and subject to paragraph (d) below, to a retirement, early retirement or deferred retirement benefit, or a withdrawal settlement under article 28, 29, 30 or 31, as the case may be.
(c) Such a participant, who again becomes a participant and is again separated after less than five years of additional contributory service, shall, in respect of such service, become entitled to:
- (i) A withdrawal settlement under article 31; or
- (ii) Subject to (d) below, a retirement, early retirement or deferred retirement benefit, as the case may be, under article 28, 29 or 30, based on the length of such additional contributory service; provided, however, that such benefit may not be commuted into a lump sum, in whole or in part, and shall not be subject to any minimum provisions.
(d) Payment of benefits under (b) or (c) (ii) above shall commence on the date of the resumption or commencement, as the case may be, of payment of benefits suspended under (a) above. In no event shall the total benefits payable to or on account of a former participant in respect of separate periods of contributory service exceed the benefits which would have been payable had the participation in the Fund been continuous.
(e) Article 40 shall apply mutatis mutandis to the ungraded officials who are appointed or elected irrespective of whether they join the Fund again during their tenure as elected officials. There is no retroactive payment of suspended UNJSPF benefits that may have been accrued from previous participation in the Fund.
I.1 Entitlement to a benefit shall, subject to rules I.3 and I.4 below but without further action by an organ of the Fund other than as may be required to determine eligibility for a disability or incapacitated child’s benefit under these Rules, vest in a participant and in the child of a participant on the day succeeding the last day of contributory service; it shall vest in the widow, widower, secondary dependant, designated beneficiaries or estate of a participant on the day succeeding the day of the participant’s death in service, and on the first day of the month succeeding the death if the participant died while in receipt of a periodic benefit.
I.2 Entitlement to a benefit under article 36(a) of the Regulations shall continue to the end of the month in which the child marries or reaches the age of twenty one.
I.3 Entitlement shall be subject to certification by the Chief Executive Officer of the Fund, in accordance with article 7(c), that the conditions for payment of the benefit have been fulfilled; the Chief Executive Officer shall refer to the Standing Committee for decision any case which is not so certified.
I.4 Where, in the case of a disability benefit, a period of leave in pay status has succeeded a period of leave without pay for reasons of health, entitlement to the benefit shall vest as though the paid leave of the participant had been continuous.
I.5 In no circumstances shall more than one child’s benefit be payable in respect of any one child. Where entitlement to more than one child’s benefit would otherwise exist in respect of a child, the child’s benefit that is largest shall be payable.
Section J Computation and payment of benefits
J.1 The member organization by which a participant is employed shall, upon separation, inform the secretary of the staff pension committee of the participant’s last day of service and shall furnish such further information as the secretary may require for the purpose of computing the entitlements under the Regulations.
J.2 (a) The participant shall specify in writing, on a form provided for the purpose by the secretary of the committee, the benefit and any commutation thereof elected in accordance with the Regulations, instructions with respect to the method, currency and the banking or other institution, if such be the case, to which payment should be made on account of the participant. Subsequent changes in the election of benefits by the participant shall not be accepted unless:
- (i) No payment has yet been made by the Fund; and
- (ii) In the case of a deferred retirement benefit, in addition to meeting the condition under subparagraph (i) above, no letter of entitlement has yet been sent by the Fund.
- (b) In the case of a participant who separates on or after 31 December 1984, or whose deferred retirement benefit commences after 31 December 1984, payment of the periodic benefit shall be made monthly in arrears. Payment of the periodic benefits of all other participants and of their beneficiaries shall be made monthly in advance.
- (c) In the case of a participant whose remuneration under the terms of appointment was expressed in a currency other than dollars and who selects such currency for the payment of a withdrawal settlement under article 31(b)(i), the Chief Executive Officer shall be authorized [as an incident of making payment under article 47(b)] to make such payment at a rate of exchange which will ensure that the amount paid to the participant shall not be less than the amount deducted from his remuneration for the purpose of article 25, without interest.
- (d) In the event of a discrepancy in the amount of a benefit paid in full in a lump sum, whether due to an error or to amendment or revision in data reported to the Fund, a correction shall be made if the discrepancy exceeds 25 dollars.
- (e) Benefits payable under the Regulations to the children of a participant shall, unless there are exceptional circumstances, be paid on their behalf to the participant and, upon the participant’s death, to the surviving parent or legal guardian of each child, in accordance, mutatis mutandis, with (a), (b), (c) and (d) above.
J.3 The participant shall at the same time, where there is a prospect that a benefit may become payable under article 37 or 38 of the Regulations, specify similarly the secondary dependent or other person designated as the beneficiary, as the case may be; in the absence of such designation, payment shall be made in accordance with the designation of the participant under rule B.5 above.
J.4 The contributory service of a participant which is used as a multiple to obtain the rate or amount of any particular benefit shall be calculated in years and fractions of years, each complete calendar month being deemed equal to one twelfth of a year, and the total number of days comprised in the incomplete calendar months being apportioned by the addition of one month for each thirty days or part thereof of fifteen days or longer; a residual period of less than fifteen days shall be disregarded.
J.5 The contributory service of a participant which is used to determine eligibility for a benefit shall be calculated according to the actual years, months and days comprised therein; for the purpose of determining the final average remuneration, incomplete months shall be disregarded except as provided in article 1(h).
J.6 The contributory service of a participant shall not include unused annual leave accrued at the date of separation, for which compensation is paid, or any period in respect of which payment is made in lieu of notice of termination.
J.7 The age of a participant shall be calculated in years and fractions of years from the date of birth to the date of separation, in accordance with the method prescribed for the calculation of contributory service in J.4 above; a participant shall nevertheless not be considered to have reached age fifty five, age sixty or age sixty two until his or her fifty fifth, sixtieth or sixty second birthday, as the case may be, shall have elapsed.
J.8 The participant, and any person entitled through the participant to a periodic benefit from the Fund, shall be required from time to time to furnish, to the satisfaction of the Chief Executive Officer, proof that the participant, and any person on whose behalf a benefit is paid, remains alive and, as the case may be, unmarried; the Chief Executive Officer may, in his or her discretion, suspend payment of a benefit pending the receipt of such proof.
J.9 (a) Any payments made by the Fund to a participant, beneficiary of a participant or third person otherwise than in accordance with the Regulations of the Fund may be deducted from any future benefits payable to or on account of the participant under these Regulations or may be recovered directly from the person or estate of the person to whom any such payments were made. The Chief Executive Officer may, where such an overpayment had been attributable to the submission of incorrect information to the Fund, recover interest, as well as administrative costs of 10 per cent of the overpayment.
(b) The Chief Executive Officer may, where appropriate, waive recovery of all or part of an indebtedness to the Fund. Such waivers shall be reported to the Standing Committee annually;
(c) Two years after discovery by the Fund that any such payments were made, the Chief Executive Officer, in accordance with procedures in the Administration Manual, may deem that the amounts of such payments are unrecoverable and may authorize that such amounts be written off as uncollectible indebtedness to the Fund.