A Brief History of the 0.5 per cent reduction factor
09/10/2024
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
07/26/2024
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.
