United Nations Joint Staff Pension Fund
From Wikipedia, the free encyclopedia
The United Nations Joint Staff Pension Fund - also known by its acronym UNJSPF in English or CCPPNU in French- was established in 1949 by the General Assembly of the United Nations to provide retirement, death, disability and related benefits for staff of the United Nations and the other organizations admitted to membership in the Fund.
The UNJSPF is a multiple employer defined benefit plan.[1]
The UNJSPF was established by United Nations General Assembly resolution 248 (III) (passed on 7 December 1948) which came into effect on 23 January 1949. As of 31 December 2023, it had 149.848 participants from 25 member organizations and served 86,013 retirees and beneficiaries, residing in more than 190 countries. The Fund pays benefits in 18 currencies.[2]
Performance of the investments
Solvency
The actuarial valuation as of 31 December 2021 reviewed this year by the United Nations Joing Staff Pension Board (UNJSPB), the Fund's governing body, reported a strong surplus. Even at the most recent estimated value of the portfolio, the Fund continues to be well-funded with the funding ratio still higher and stronger than in 2019, when the previous actuarial valuation was performed.[5][6]
