Actuarial valuation of long-term benefits, studies on the investment strategy of UNESCO’s ASHI related assets

United Nations Educational, Science and Cultural Organization (UNESCO) hereby invite qualified companies to submit electronic tenders as follows:

UNESCO provides employees who have met certain eligibility criteria with medical coverage (ASHI) and other post-employment benefits such as accrued annual leave and repatriation grant. For the purposes of producing International Public Sector Accounting Standards (IPSAS) financial statements, UNESCO is required to apply the requirements of IPSAS 39 to compute the present value of the future liability for defined benefit plans. Moreover, UNESCO since 2015 has been accumulating financial assets to cover these liabilities and would like to undertake studies on the investment strategy of the cumulated  funds[KA1] .assets.