Resolution adopted by the General Assembly on December 22,2007 by a vote of 140 in favor, 1 against and 1 abstention. (See UN Press Release at http://www.un.org/News/Press/docs/2007/ga10684.doc.htm http://www.un.org/News/Press/docs/2007/ga10684.doc.htm)

A/RES/62/241

Questions related to the United Nations Joint Staff Pension Fund


	The General Assembly,
	Recalling its resolutions 41/208 of 11 December 1986 and 48/225 of 23 December 1993 and sections II and IV of its resolution 61/240 of 22 December 2006,
	Having considered the report of the United Nations Joint Staff Pension Board on the administrative expenses of the United Nations Joint Staff Pension Fund, the report of the Secretary-General on the administrative and financial implications arising from the report of the Board and the related reports of the Advisory Committee on Administrative and Budgetary Questions,,
	1.	Concurs with the recommendations contained in the reports of the Advisory Committee on Administrative and Budgetary Questions on the administrative expenses of the United Nations Joint Staff Pension Fund and on the administrative and financial implications arising from the report of the United Nations Joint Staff Pension Board,_Ref187058218 \h  \* MERGEFORMAT 3,_Ref187058228 \h 4 subject to the provisions of the present resolution;
	2.	Requests the Secretary-General to undertake a comprehensive review of services provided by the United Nations Joint Staff Pension Fund, funded through section 1, Overall, policymaking, direction and coordination, of the programme budget and to report thereon in the context of the programme budget 2010-2011;
	3.	Encourages the Fund, when submitting performance reports, to consider the feasibility of an extension of the reporting period for actual expenditures and a shortening, accordingly, of the reporting period for projected estimates;
	4.	Takes note of the information set out in annex V to the report of the United Nations Joint Staff Pension Board1 on the need for a more strategic approach to the human resources requirements of the Fund;
	5.	Concurs with the request made by the Board that the Chief Executive Officer of the Fund and the Representative of the Secretary-General for investments undertake an overall review of the staffing and organizational structure in their respective areas, including on drawing on relevant industry benchmarks and best practice, and report on the results of the review to the Board at its fifty-fifth session;
	6.	Notes that all requests by the Fund for the establishment of new information technology posts have been deferred by the Board until its fifty-fifth session, when a full enterprise resource planning project strategy, including a budget and project plan, will be presented to and considered by the Board;
	7.	Urges the Fund administration to make every possible effort to fill the existing vacancies in the staffing table as soon as feasible;
	8.	Authorizes the United Nations Joint Staff Pension Board to supplement the voluntary contributions to the Emergency Fund for the biennium 2008-2009 by an amount not exceeding 200,000 United States dollars;
	9.	Stresses the importance of securing the income replacement principle that is embodied in the Fund’s regulations and which has been consistently upheld by the International Civil Service Commission in its decisions and by the General Assembly in its resolutions;
	10.	Approves the ad hoc measure recommended by the Pension Board to address adverse, unprecedented consequences of dollarization in Ecuador as an ad hoc, one-time, ex gratia, exceptional payment;
	11.	Emphasizes that this arrangement would not set a precedent for any future action by the Board of the United Nations Joint Staff Pension Fund.


	 	A/62/175.
	 	A/C.5/62/2.
	 	A/62/7/Add.3.
	 	A/62/7/Add.13.
	 	A/62/175, annex V, para. 19.