A Brief History of the 0.5 per cent reduction factor
In 1985, the Pension Fund was seriously underfunded so adjustments were made to increase the funding level. Most of the changes that were made would only affect future employees, including requiring them to work longer by increasing the normal retirement age from 60 to 62 years.
FAFICS 54 Post-Council Pre-retirement Seminar, July 26, 2024, UNCC, Bangkok
The day after the Council concluded, FAFICS held a pre-retirement seminar for ESCAP and UN staff in Bangkok. The half-day event was held in hybrid form, with some 15 in-person attended at at least 89 participants who connected remotely.
FAFICS 54th Council Session: A Milestone in Commitment to Former International Civil Servants (All Languages)
UNJSPF leads the way on emerging technologies
Last week, UNJSPF participated in two UN-led fora on emerging technologies: the World Summit on the Information Society (WSIS)+20 Forum and the AI for Good summit, held in Geneva.
During WSIS+20, the International Telecommunication Union published its 2023 report on United Nations Activities on Artificial Intelligence (AI). Highlighting the need for careful balance between innovation, regulation, and inclusion, this publication recognizes the importance of UN-led innovation that benefits everyone and accelerates the attainment of the 2030 Agenda for sustainable development.
UNJSPF showcases its Digital Identity Solution at WSIS high-level meeting
On 29 May, the UNJSPF held a high-level hybrid session attended by 100 experts in the context of the 2024 World Summit of the Information Society (WSIS+20) High-Level event. WSIS+20 marked a significant milestone of twenty years of progress made in the implementation of the outcomes of the World Summit on the Information Society, setting the framework for global digital cooperation.
UNJSPF participates in Markets Group Private Equity Forum
Pedro Guazo, Representative of the Secretary-General for the investment of the UNJSPF assets provided an overview of the factors influencing private market allocations from some institutional investors at the Markets Group 12th Private Equity Forum. This forum convened leading limited partners (LPs) allocating resources to private markets in the United States.
Participants: your 2023 Annual Pension Statement is now available in Member Self-Service
You can now access your 2023 Annual Pension Statement in your Member Self-Service (MSS) account under the ‘Documents’ tab.
Every year an Annual Pension Statement is published for each participant and it contains relevant pension information as reported to the Fund by member organizations up to 31 December of the previous year.
Passing away of Stanislas Spero Adotévi
In sympathy with AFICS Burkina Faso (AAFNU-BF), we share with you this sad news of the passing away of Mr. Stanislas Spero Adotévi, the first president of their Association of Former International Civil Servants (2003-2008) in the country, who died on February 7, 2024 in Ouagadougou, Burkina Faso.
Passing away of Roger Eggleston
It is with sadness that we announce the passing away of Roger Eggleston, FAFICS President from 2012-2014, who died at his home in Warwick, England on 22 March 2024.
Passing away of Alan Prien
It is with sadness that we announce the passing away of Alan Prien, a dear colleague and valued member of the FAFICS family.