Sunday, March 6, 2016

Tribune de Genève: UN staff and retirees demanding accountability from their Pension Fund, 6 March 2016

Tribune de Genève


“UN retirees find themselves penniless. 
International Geneva officials demanding accountability for their pension funds. Delays in the payment of annuities accumulate. . . Growing anger among the officials of the UN, or rather among the former officials, who have retired recently. Months pass and bonuses are not always paid on their behalf. All agencies of the UN system are concerned. A problem that is linked to the implementation of a new computer system.

According to the unions, several hundred people were thus deprived of their pension. Some could no longer pay their rent or face their credits and expenses. Many are beginning to wonder about the reasons for the malfunction. Several times in recent years, the lack of transparency surrounding the governance of the Pension Fund of the United Nations Staff Pension Fund (UNJSPF) established in 1949 has fueled rumors, criticism and reports. . . ”

Read more here (translation into English and other languages available):

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