United Nations Joint Staff Pension Fund

The United Nations Joint Staff Pension Fund (UNJSPF) is a multi-employer defined-benefit pension fund established by the United Nations General Assembly to provide retirement, death, disability and related benefits to staff members of the United Nations and other participating organizations. It operates under the legal identity 'United Nations on behalf of the United Nations Joint Staff Pension Fund' and is administered from the United Nations headquarters in New York. The Fund is governed by a Pension Board and supported by a secretariat, an investment management division and an actuarial function. Its membership spans the UN Secretariat, funds and programmes, specialized agencies and other international organizations that have joined the Fund through agreements with the UN General Assembly. The Fund's core service is the administration of pension benefits across the full career lifecycle of international civil servants: participation during service, separation and retirement processing, monthly pension payments, cost-of-living adjustments, survivor benefits and disability benefits. It maintains a Member Self-Service portal, an Employer Self-Service portal and a range of publications, forms and e-learning modules for participants, retirees and employing organizations. The Fund also publishes historical performance data, investment policy statements, responsible investment reports and risk management disclosures. UNJSPF assets are invested globally across public and private markets under the oversight of the Fund's Investments Committee and the Pension Board. The Fund's investment management is guided by a responsible investment approach and by regulations, rules and a pension adjustment system that link benefits to the cost of living in the country of residence of beneficiaries. The Fund's 75th anniversary, marked in its public communications, reflects its long institutional history within the UN system. The Fund is not a commercial bank or a retail financial institution; it is an intergovernmental social-security arrangement. Its 'clients' are participating organizations and their staff, retirees and survivors. Its governance includes the Pension Board, the Committee of Actuaries, the Investments Committee, the Audit Committee and the Staff Pension Committees of participating organizations. The Fund's public-facing brand is built around trust, long-term benefit security and transparent reporting to member organizations and beneficiaries.

The United Nations Joint Staff Pension Fund was established by the United Nations General Assembly to provide retirement, death, disability and related benefits for staff of the United Nations and other participating organizations. Its legal identity is 'United Nations on behalf of the United Nations Joint Staff Pension Fund'. The Fund has operated for more than seven decades and marked its 75th anniversary in its public communications, reflecting its long institutional history within the UN system. From its base at the United Nations headquarters in New York, the Fund grew into a multi-employer pension arrangement covering the UN Secretariat, funds and programmes, specialized agencies and other international organizations that joined through agreements with the General Assembly. Its governance evolved to include a Pension Board, a Committee of Actuaries, an Investments Committee, an Audit Committee and the Staff Pension Committees of participating organizations. The Fund's investment function developed into a globally diversified portfolio managed under regulations, rules and a pension adjustment system. Its public website documents historical fund performance, how the Fund invests, responsible investment, risk management, actuarial matters and the pension adjustment system. The Fund also provides Member Self-Service and Employer Self-Service portals, e-learning modules, townhall sessions, booklets, exchange rates and cost-of-living adjustment information, and a Case Digest of the Fund. Over time the Fund's membership expanded to include many member organizations, and its services expanded to cover participants, separating or retiring staff, retirees and beneficiaries, and survivors. Its 75th anniversary materials and achievements pages highlight milestones in service delivery, governance and investment management. The Fund continues to operate as an intergovernmental social-security arrangement rather than a commercial financial institution.

• Establishment of the United Nations Joint Staff Pension Fund by the United Nations General Assembly

• 75th anniversary of the Fund marked in public communications

A trusted intergovernmental defined-benefit pension fund serving the United Nations system and other participating organizations, focused on long-term benefit security and responsible investment.

• Retirement benefits

• Disability benefits

• Survivor benefits

• Cost-of-living adjustments

• Member Self-Service portal

• Employer Self-Service portal

1. 1UNJSPF - United Nations Joint Staff Pension Fundunjspf.org
2. 2Newsroom - UNJSPFunjspf.org
3. 3Achievements - UNJSPFunjspf.org
4. 4About the Fund - UNJSPFunjspf.org