The audited financial statements of UNJSPF for the year ended 31 December 2021 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 2021 at its 72nd session held from 25-29 July 2021.
Below are the outlines of the 2021 audited financial statements.
At 31 December 2021, the net assets available for benefits was US$91.46 billion, which was a 12.2 per cent increase from 2020. During the year ending 31 December 2021, there was an increase in the net assets available for benefits of US$9.95 billion (in 2020 it was an increase of US$9.48 billion). The increase was primarily attributable to investment income for the year.
As of 31 December 2021, the actuarial present value of accumulated plan, benefits including liabilities related to cost-of-living adjustments, amounted to US$66.66 billion (without the adjustments, the amount was US$49.72 billion), which was exceeded by net assets available for benefits of US$91.46 billion.
Total contributions to UNJSPF for 2021 amounted to US$2.97 billion (2020: US$2.85 billion), reflecting a 4.3 per cent increase over the 2020 total contributions. Over the same period, pension benefits paid by the Fund amounted to US$2.98 billion (2020: US$2.79 billion), reflected a 6.7 per cent increase over the 2020 amount.
The tables in the annex of the financial statements show that there was a 2.0% increase in participants and a 2.4 per cent increase in periodic benefits during the year 2021.