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

Decides, upon the affirmative recommendation of the Board, that the Inter-Parliamentary Union shall be admitted as a new member organization of the Fund, effective 1 Jan. 2005; requests the Board to review the benefit of the 2-track system vis-à-vis the United States dollar track for both the beneficiaries and the Fund as a whole; decides not to consider any further proposals to enhance or improve pension benefits until action is taken on the issues contained in section I, paragraph 4, and section II, paragraphs 2 and 3, of its resolution 57/286; approves additional resources in the amount of US$5,340,700 for the biennium 2004-2005 for administrative costs of the Fund, noting that the revised estimates for the biennium would amount to a total appropriation of $41,011,800 for administrative costs; urges the Board to explore the possibility of meeting annually for a shorter duration and to report its conclusions, including all financial and administrative implications associated with that possibility; takes note with satisfaction of the progress report on the Fund's management charter, which introduced specific goals and objectives, a detailed action plan for achieving such goals and the status report on the implementation of each goal.

Adopted without vote, 76th plenary meeting

6 p.

Issued in GAOR, 59th sess., Suppl. no. 49.
"Annex: Changes to the pension adjustment system of the UN Joint Staff Pension Fund": p. 6.