The UN Pension Board Rejects an Audit of Its Work

The United Nations Pension Board’s recent meeting in Rome ended with a record number of disagreements and much acrimony. The chief cause of distress was the results of the internal governance audit requested last December by the General Assembly. At the meeting, held July 29 to Aug. 3, board members directed much of their angst … Read more

WORLDVIEWS

The UN and #MeToo: All Forms of Abuse Must End Now

For many years now, media attention on sexual abuse and exploitation by United Nations peacekeepers cornered the UN and pushed it toward reform. Now, the #MeToo movement has put the organization — and many other major institutions across the world — on red alert. But UN insiders and supporters are wondering if the leadership’s rush … Read more

WORLDVIEWS

Long Overdue: A New Boss at the UN Pension Fund and a Reformed Board

An important change was made to the United Nations pension fund last month, when Secretary-General António Guterres announced he was appointing Sudhir Rajkumar of India to succeed Carol Boykin as his representative for investments of the $61.5 billion fund. Guterres needs to make another major change, however, to address serious problems at the joint staff … Read more

WORLDVIEWS

The UN Pension Fund’s Leaders Must Go

The General Assembly resolution passed in December could not have been clearer: the United Nations pension fund has failed to deliver on both the investment side, led by Carol Boykin, and the secretariat side, led by Sergio Arvizú. The resolution came on the heels of critical reports documenting massive foreign-exchange losses, low investment income and … Read more

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WORLDVIEWS

UN Secretary-General Guterres: Please Protect Our Pension Fund

United Nations staff members and retirees, concerned for many years about low-investment performance by our $54 billion pension fund and unprecedented delays in benefit payments, welcomed the adoption last December of a General Assembly resolution that allayed worries about attempts to privatize the fund. The resolution reaffirmed that UN financial rules and regulations remain the governing … Read more

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