The United Nations General Assembly’s latest pension fund resolution — adopted at the end of December 2025 — has triggered concerns among current and former staff members of the organization that their retirement security may be at risk. The resolution invites the UN Pension Board to carry out a full review of the pension system, including consideration of defined-contribution and hybrid models and exploring ways to “lower contributions.”
That last phrase signals the review’s underlying intent: cost reduction rather than benefit enhancement. While framed as an “invitation,” the directive leaves the Pension Board with limited room to decline.
The current reported market value of the UN pension fund is $108.2 billion.
Initial readings of the resolution’s language about “respect for accrued rights” suggest that changes would affect only future UN employees. However, pension experts and staff representatives say that assumption may be misplaced.…"
CLICK HERE TO READ THE ENTIRE ARTICLE ON PASSBLUE:
https://passblue.com/2026/01/19/un-pension-review-raises-concerns-among-staff-and-retirees/
No comments:
Post a Comment