VOL. 67, NO. 3 - AAFI-AFICS, Geneva - UNOG

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an election process: first the Committees of each Association were elected by the retirees who were members, then the delegates from these Associations, in their turn, elected the FAFICS representatives to the Pension Board at the FAFICS Council session. Nevertheless, the Federation recognised that the election of the representatives of all retirees by universal suffrage was a process that could be envisaged, albeit different from the current system, when the voting status was eventually afforded to the representatives of the retirees. The Federation was ready to accept if that was the wish of the Board. On the other hand, a general election of the representatives of all retirees should not take place if it were not preceded by the granting of full Board member status to these representatives. The more so, since the election was for only two of the four representatives of the retirees. Will there be elections for the retiree representatives ? In 2007, the Chief Executive Officer of the Fund and Secretary of the Board published for the Board’s 54 th session a “Study on Possible Process for the Election of Retiree’s Representatives”. He considered that an election would require that a complex and costly (up to $ 150,000 per ballot) procedure be put in place for which the Fund had neither the funds nor the necessary expertise; it would thus have to be outsourced to a specialist consultant under the control of the Fund. In conclusion: “Because of the very substantial efforts and expenses involves, in the view of the Secretary/CEO, elections of UNJSPF retiree representatives should be mandated by the Board only when those representatives have been granted member seats on the Board and the Standing Committee. Until then, their representation, and the selection of representatives, should continue to be done by FAFICS, in consultation with the Pension Fund’s CEO”. The Pension Board did not contest this conclusion. Some figures will show the evolution, over the last 30 years, of the Pension Board and the range of its decisions. 31.12.1976 (first year in which the President of FAFICS participated in the Board) No. of active participants 42,917 No. of retirees and beneficiaries 10,515 Assets of the Fund US $ 1.3 billion 31.12.1986 (granting of official status to FAFICS representatives) No. of active participants 54,289 No. of retirees and beneficiaries 25,434 Assets of the Fund US $ 6.3 billion 31.12.2004 (Working Group on the role and composition of the Fund) No. of active participants 85,285 No. of retirees and beneficiaries 52,496 Assets of the Fund US $ 29.4 billion 31.12 2007 (last updated statistics) No. of active participants 106,566 No. of retirees and beneficiaries 58,084 Assets of the Fund US $ 41.4 billion Our representation cannot be only symbolic The figures confirm that more than ever, the retirees grouped around the Federation have an important role to play in the governing bodies of the Pension Fund: they are fulfilling that role today by making full use of the status they have been granted. Several members of AAFI-AFICS asked, in the course of the Association’s General Assembly on 4 th March 2008 (see report below) that FAFICS continue to seek full member status for the representatives of retirees in the Pension Board. Naturally, the goal has not and will not be lost sight of by the Federation. 45
But the key question, when that day comes, will be that the number of these new “full” members is not merely symbolic but fully reflects the weight of the number of retirees in the Pension Fund. We will have the opportunity to come back to this fundamentally important subject. Jean-Jacques Chevron 46
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Page 4 and 5: NOUVELLES DE L’AAFI-AFICS DATES
Page 6 and 7: Pensions 4.8 M. Jean Hanus, vice-pr
Page 8 and 9: compris le droit de vote. La tenue
Page 10 and 11: important pour le Comité mixte de
Page 12 and 13: COMMUNIQUÉ Dans la vie de n’impo
Page 14 and 15: NOUVELLES DES AUTRES ASSOCIATIONS L
Page 16 and 17: patrouillaient près de la ville de
Page 18 and 19: croissant des organisations membres
Page 20 and 21: INFORMATION IMPORTANTE Le Bureau de
Page 22 and 23: contagieuses a déjà pris place da
Page 24 and 25: annexes, la Villa Rigot se trouvait
Page 26 and 27: nous. Il bricola une réparation pr
Page 28 and 29: aptisé Centre William Rappard, abr
Page 30 and 31: nationaux, dans le but d’amélior
Page 32 and 33: NEWS FROM AAFI-AFICS DATES TO REMEM
Page 34 and 35: 4.9 As a second point, Mr Hanus rep
Page 36 and 37: 4.22 In response to a remark by Mr
Page 38 and 39: Committee, which had in effect been
Page 40 and 41: I have been a vice-president of the
Page 42 and 43: international civil servants. The l
Page 44 and 45: THE PENSION FUND AND US The discuss
Page 48 and 49: Communication from the Geneva Offic
Page 50 and 51: So are we dealing with a medical or
Page 52 and 53: oval plaque inscribed: DESIRANT HON
Page 54 and 55: A few weeks later, my dentist had f
Page 56 and 57: LETTERS TO THE EDITOR GREYCELLS Ass
Page 58 and 59: NOUVEAUX MEMBRES NEW MEMBERS AL-ATW
Page 60 and 61: ILS NOUS ONT QUITTÉS THEY HAVE PAS
Page 62 and 63: ALBIR VALLINA Aida 30 11 2007 ANZAR
Page 64 and 65: UNDOF AFYOUNI Youssef 26 11 2007 EL

VOL. 67, NO. 3 - AAFI-AFICS, Geneva - UNOG

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