A/RES/73/274
United Nations pension system
2.
Also takes note of the report of the Secretary-General on the investments
of the United Nations Joint Staff Pension Fund and measures undertaken to increase
the diversification of the Fund; 2
3.
Further takes note of the report of the Secretary of the Pension Board and
the Representative of the Secretary-General for the investment of the assets of the
Fund on the implementation of the recommendations of the Board of Auditors
contained in its report for the year ended 31 December 2017 on the Fund; 4
4.
Endorses the conclusions and recommendations of the Advisory
Committee on Administrative and Budgetary Questions; 5
5.
Emphasizes the existing prerogative of the General Assembly on matters
pertaining to the Fund;
Actuarial matters
6.
Notes the valuation results reporting a deficit of 0.12 per cent as at
31 December 2017, compared with a surplus of 0.41 per cent as at 31 December 2015,
and in this regard stresses the importance of continuing to achieve the necessary
3.5 per cent annual real rate of return on a long-term basis for the future solvency of
the Fund;
Financial statements of the United Nations Joint Staff Pension Fund and report
of the Board of Auditors
7.
Notes the findings and recommendations contained in the report of the
Board of Auditors on the Fund; 3
8.
Also notes that the Board of Auditors issued an unqualified audit opinion
on the financial statements of the Fund for the year ended 3 1 December 2017;
9.
Reiterates the importance of the implementation of all the
recommendations of the Board of Auditors by the secretariat of the Fund, the Pension
Board and the Representative of the Secretary-General, in full and in a timely manner,
and of reporting thereon in the next report to the Ge neral Assembly;
10. Urges the Pension Board to address all pending issues with clear targets
and milestones, and requests the Fund to conduct an independent assessment of the
Integrated Pension Administration System, within existing resources, and to rep ort
thereon in the context of its next report;
11. Requests the Pension Board to ensure that the development of an electronic
signature verification system to facilitate the certificate of entitlement process will be
implemented expeditiously, in compliance with the relevant regulations and rules,
notably the Financial Regulations and Rules of the United Nations 7 and the
Procurement Manual;
Governance
12. Notes the recommendations of the Office of Internal Oversight Services
and the corresponding comments of the Pension Board with regard to the audit of the
governance structure of the Board 6 requested by the General Assembly in section XV,
paragraph 8, of its resolution 72/262 A;
13. Also notes the current dual role of the Chief Executive Officer and
Secretary of the Pension Board, and decides to replace the existing post by two
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ST/SGB/2013/4 and ST/SGB/2013/4/Amend.1.
18-22659