United Nations A/RES/69/113 General Assembly Distr.: General 14 January 2015 Sixty-ninth session Agenda item 140 Resolution adopted by the General Assembly on 10 December 2014 [on the report of the Fifth Committee (A/69/637)] 69/113. United Nations pension system The General Assembly, Recalling its resolution 67/240 of 24 December 2012, section VII of its resolution 68/247 A of 27 December 2013 and section VIII of its resolution 68/247 B of 9 April 2014, Having considered the report of the United Nations Joint Staff Pension Board for 2014, 1 including the financial statements of the United Nations Joint Staff Pension Fund for the year ended 31 December 2013, the audit opinion and report of the Board of Auditors thereon, the information provided on the internal audits of the Fund and the observations of the United Nations Joint Staff Pension Board and of the Audit Committee, the report of the Secretary-General on the investments of the Fund and measures taken to increase the diversification of the Fund2 and the related report of the Advisory Committee on Administrative and Budgetary Questions,3 1. Takes note of the report of the United Nations Joint Staff Pension Board for 2014,1 in particular the actions taken by the Board as set out in chapter II.B of the report; 2. Endorses the recommendations of the Advisory Committee on Administrative and Budgetary Questions,3 subject to the provisions of the present resolution; Actuarial matters 3. Emphasizes the importance of the United Nations Joint Staff Pension Fund meeting its target annual real rate of return of 3.5 per cent over the long term; 4. Takes note of the results of the actuarial valuation of the Fund, which revealed a deficit of 0.72 per cent of pensionable remuneration as at 31 December 2013, which was a significant improvement over the deficit of 1.87 per cent of pensionable remuneration revealed by the prior actuarial valuation as at 31 December 2011; _______________ 1 Official Records of the General Assembly, Sixty-ninth Session, Supplement No. 9 (A/69/9). A/C.5/69/2. 3 A/69/528. 2 14-66927 (E) *1466927* Please recycle

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