A/RES/69/113
United Nations pension system
5.
Welcomes the improvement in the actuarial position of the Fund, which
represents a reversal of the downward trend observed since 1999, and in this regard
emphasizes the need to ensure the sustainability of these gains;
Financial statements of the United Nations Joint Staff Pension Fund and report
of the Board of Auditors
6.
Notes that the Board of Auditors issued an unqualified audit opinion on
the financial statements of the Fund for the year ended 31 December 2013;
7.
Also notes the observation of the Board of Auditors that the adoption of
the International Public Sector Accounting Standards in 2012 had enhanced the
quality of the financial statements of the Fund;
8.
Stresses the need for the Fund to address all the weaknesses identified by
the Board of Auditors in relation to financial management and financial statement
disclosure, investment management, information system management and other
administrative processes;
Amendments to the Regulations and Administrative Rules of the United Nations
Joint Staff Pension Fund
9.
Approves the amendment to article 4 of the Regulations of the United
Nations Joint Staff Pension Fund, as set out in annex XI to the report of the United
Nations Joint Staff Pension Board, in order to establish clear authority and reference
to the financial rules of the Fund;
10. Emphasizes the importance of the Board promulgating financial rules
that will govern the financial management of the Fund, and in this regard looks
forward to receiving further information in the next report of the Board;
11. Takes note of paragraph 36 of the report of the Advisory Committee, and
decides not to approve the proposed amendment to article 14 as set out in annex XI
to the report of the Board;
12. Encourages the Audit Committee of the Fund to continue to work closely
with the Board of Auditors in order to address issues of mutual interest;
13. Approves the technical changes in the Regulations of the Fund, as set out
in annex XI to the report of the United Nations Joint Staff Pension Board, in
accordance with past decisions and amendments adopted by the Board and the
General Assembly;
14. Takes note of the amendments to the Administrative Rules of the United
Nations Joint Staff Pension Fund, as set out in annex XII to the report of the Board,
to refine the Administrative Rules and align them with the Regulations of the Fund;
Pension adjustment system
15. Approves the amendment regarding the special adjustment for small
pensions, as set out in annex XIII to the report of the Board, to reflect the
10 per cent adjustment to small pension threshold amounts for separations on or
after 1 April 2016;
16. Concurs with the recommendation of the Board that the following
assessments be discontinued, considering the comments of the Committee of
Actuaries that the assessments were consistent with the initial estimates of the
consulting actuary and were subsumed in the overall cost of the two-track feature,
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