United Nations pension system : resolution / adopted by the General Assembly.

Approves, with effect from 1 July 1995, an increase in the maximum number of years of creditable contributory service; approves, with effect from 1 Apr. 1995, amendments to article 54 of the Regulations of the UN Joint Staff Pension Fund, as set out in annex I to the present resolution; approves, with effect from 1 July 1995, the reduction of the "120 per cent cap" provision under the pension adjustment system; approves also, with effect from 1 July 1995, the application to staff in the General Service and related categories of the longer-term modification of the pension adjustment system that entered into effect on 1 Apr. 1992, the consequential revisions in the schedule of cost-of-living differential factors and the schedule for special adjustments for small pensions under section E of the pension adjustment system, and the consequential changes in the pension adjustment system; approves additional expenses of US $ 390,200 net for the biennium 1994-1995, chargeable directly to the UN Joint Staff Pension Fund, for the administration of the Fund; requests the Secretary-General to present in future reports to the General Assembly on the investments of the Fund a fuller analysis of the performance of those investments and their significant components.

Adopted without vote, 95th meeting

14 p.

Adopted at the 95th plenary meeting, 23 Dec. 1995.
"Annex I: Amendments to the Regulations of the United Nations Joint Staff Pension Fund": p. 6-10.