The audited financial statements of UNJSPF for the year ended 31 December 2022 have been published here.
Taking note of the unqualified audit opinion issued by the United Nations Board of Auditors, the Pension Board approved the financial statements of UNJSPF for the year ended 31 December 2022 at its 75th session held from 24-28 July 2023.
Below are the outlines of the 2022 audited financial statements.
At 31 December 2022, the net assets available for benefits was US$77.92 billion, which was a 14.8 per cent decrease from 2021. During the year ending 31 December 2022, there was a decrease in the net assets available for benefits of US$13.54 billion (in 2021 it was an increase of US$9.95 billion). The decrease was primarily attributable to investment loss for the year.
As of 31 December 2022, the actuarial present value of accumulated plan, benefits including liabilities related to cost-of-living adjustments, amounted to US$70.60 billion), which was exceeded by net assets available for benefits of US$77.92 billion.
Total contributions to the UNJSPF for 2022 amounted to US$3.12 billion (2021: US$2.97 billion), reflecting a 5.1 per cent increase over the 2021 total contributions. Over the same period, pension benefits paid by the Fund amounted to US$3.12 billion (2021: US$2.97 billion), reflected a 5.1 per cent increase over the 2021 amount.
The tables in the annex of the financial statements show that there was a 4.6 per cent increase in participants and a 2.0 per cent increase in periodic benefits during the year 2022.