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Regulations of the Fund, including on article 6, and to report thereon in its
next report;

17. Also decides to defer the amendment to article 48 of the Regulations of
the Pension Fund, and requests the Pension Board to provide further
analysis of and clarification on the proposed amendment, in particular
to examine the possible impact on the access of staff members and
participants in the Fund to justice in the United Nations Appeals
Tribunal and its possible legal consequences, and to report thereon in
the context of its next report;

18. Requests the Secretary-General to provide further analysis of and
clarification on proposed amendments to the statute of the Appeals
Tribunal on pension matters, and invites the Sixth Committee to
consider the legal aspects in the context of the next report of the
Secretary-General on the administration of justice without prejudice to
the role of the Fifth Committee as the Main Committee of the General
Assembly responsible for administrative and budgetary matters;

19. Requests the Pension Administration to continue to adhere to the target
of 15 business days for benefit processing and to report thereon in the
context of the next report of the Pension Board;
20. Also requests the Pension Administration to make every effort to reduce
the number of open workflows, with a dedicated effort to address non-
processable cases, to establish and implement benchmarks to
measure progress in their reduction and to report thereon in the context
of the next report;

21. Welcomes the implementation of a monthly reconciliation process by all
member organizations of the Pension Fund to facilitate the timely
payment of benefits, and requests an update on progress made in the
context of the next report of the Pension Board;
22. Requests the Pension Board to extend the mandate and membership of
the Governance Working Group, which should adhere to the tripartite
structure of the Board, until its next session;

23. Highlights the fact that the investment strategy of the Pension Fund
should be guided by its annualized real rate of return target, and calls
upon the Secretary-
General to continue intensive efforts towards meeting the investment policy
objectives;

24. Reaffirms that the Secretary-General serves as fiduciary for the
investment of the assets of the Pension Fund;
25. Requests the Secretary-General, as fiduciary for the investment of the
assets of the Pension Fund, to continue to diversify its investments
among developed, developing and emerging markets, wherever this
serves the interests of the participants and the beneficiaries of the

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