KOROR, PALAU — The Civil Service Pension Plan’s investment account increased to $25,944,121.15 in May 2025, up from $25,304,738.75 in April 2025, according to a monthly summary submitted to the Olbiil Era Kelulau (OEK).
Despite the increase, the plan continued its monthly drawdown, withdrawing $450,000 to supplement June 2025 benefit disbursements. The total drawdown since Oct. 1, 2024, is $2,785,000.
The Plan will also pay out $113,624.35 in contribution refunds in June 2025 to 17 members who terminated employment with less than 15 years of service and retirees opting for a refund.
The Board of Trustees and management acknowledged a $350,000 appropriation for a new CSPP Database System but emphasized the continued need for $4 million in annual funding to prevent further investment drawdowns.
As of May 30, 2025, the asset allocation of the fund included 41.21% in equities, 12.81% in non-U.S. equities, 38.91% in fixed income, 4.29% in real estate and tangibles, and 2.79% in cash and cash alternatives.
