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UNJSPF publishes 2024 Annual Letter

30 April 2024

The 2024 UNJPSF Annual Letter has just been published and can be found here.

The Annual Letter provides participants, retirees and beneficiaries with a summary of important developments of 2023 and the first months of 2024, as well as useful information about the Fund and pensions.

As the Fund turned 75 in December 2023, it continues to be in a strong financial position, with efficient, modern and trusted services to our clients and member organizations”, Ms. Rosemarie McClean, Chief Executive of Pension Administration, stated in her message.

Over 2023 and the first quarter of 2024, the value of the Fund’s assets had a strong positive performance with a preliminary increase in its market value of 16.9 per cent between December 2022 and March 2024”, added Mr. Pedro Guazo, Representative of the Secretary-General for the investments of the assets of the Fund.

The Letter also includes an update on governance, including the outcomes of the two last Pension Board meetings and the 2023 United Nations General Assembly resolution, actuarial matters, operations, as well as amendments to the Regulations and Rules in effect as of 1st January 2024.

The dedicated section for retirees and beneficiaries contains relevant information regarding the cost-of-living adjustments, the annual certificate of entitlement, the annual statement of benefits, arrangements in case of marriage and divorce, the two-track system, the Emergency Fund, deduction for after-service health insurance, as well as retirees and beneficiaries’ associations.

The section for participants provides information about validation, restoration, transfer of pension rights, death in service, the annual pension statement and the separation process.

Other information can be found in the Letter on survivors’ benefits, death of a retiree or beneficiary, pension townhall sessions, e-learning modules, UNSJPF Connect, the Member Self-Service (MSS) and how to contact the Fund.

The Letter calls all participants, retirees, and beneficiaries to make sure that their personal information is always updated in the Fund’s records. As a participant, any changes must be reported through your HR partner; as a retiree or beneficiary, this can be done online via your MSS account or by postal mail returning a completed PF23/M form.

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