Participants and beneficiaries of the United Nations Joint Staff Pension Fund (UNJSPF) can be reassured about the solvency and sustainability of their Pension Fund, even as it prepares for an increasing number of separations from respective member organizations.
The UNJSPF has consistently demonstrated its financial strength through rigorous actuarial valuations and asset-liability management (ALM) studies. As of the latest actuarial valuation on 31 December 2023, the Fund is well-positioned to meet all future benefits, with an asset-to-liability funding ratio of 111%. The current market value of assets stands at $92.9 billion, exceeding the accrued benefit liabilities of $83.2 billion.
This robust financial position ensures that the Fund can withstand market fluctuations and continue to provide secure benefits to its participants, retirees, and beneficiaries. The Fund’s prioritization of long-term financial sustainability guarantees continued stability and the capacity to meet obligations under a wide range of economic scenarios.
Chief Executive of Pension Administration, Rosemarie McClean, emphasized during the global townhall meeting on 9 April 2025 that changes in participant numbers have a limited impact on the Fund’s solvency, assuring clients of the ongoing security of their benefits.
As separations increase, the UNJSPF is intensifying its outreach and communication efforts to ensure a smooth transition for departing participants. Regular pension townhall sessions are being organized to provide essential information on pension-related rights, processes, and requirements.
These virtual sessions are designed to engage the global membership, offering a platform for direct interaction and information sharing. Additional details, including recordings and the schedule of upcoming sessions, are available on the UNJSPF website.
The Fund is committed to transparent and timely communication through multiple channels. Its newsletter, website, and social media platforms have successfully reached over 250,000 clients and stakeholders, ensuring that all relevant information is readily accessible. The fund looks forward to ongoing modernization and outreach initiatives aimed at improving engagement and access.
To further support participants during the separation process, the UNJSPF is working closely with member organizations to ensure the timely provision of all necessary documentation. This collaborative approach aims to streamline the separation-to-pay process, minimizing delays and enhancing the efficiency of pension administration. Participants themselves play a crucial role by staying in close coordination with their Staff Pension Committees, using the Member Self-Service portal at unjspf.org, and keeping their contact information and documentation up to date.
Do not miss your opportunity to access the Member Self-Service portal, update your contact details and required documentation, and stay informed through the Fund’s various communication channels.
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For more information on the UNJSPF’s initiatives and updates, please visit the UNJSPF Newsroom, follow us on LinkedIn, WhatsApp and YouTube, or contact the Fund at: unjspf.org/contact-us