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pensions - AAFI-AFICS, Geneva - UNOG

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But this really doesn’t help the retiree struggling to manage the technology of spam killers and the glutof e-messages received every day. Would it not be helpful to have the possibility of replyingautomatically like our office colleagues do:“Fred Jones is out of the office from X to Y; in an emergency please contact ... etc.”.We could say:“Roger Eggleston is having a day in the garden today/a couple of days in the mountains/a week in theSouth of France/and, if your message is still relevant when he gets back, he will reply!Oh bliss. Oh joy.But to be more practical - how about an <strong>AAFI</strong>-<strong>AFICS</strong> publication “e-mail etiquette for retirees”? Wecould distribute it electronically of course.Roger EgglestonNEWS FROM <strong>AAFI</strong>-<strong>AFICS</strong>DATE TO REMEMBERTuesday 17 November 2009 13h00 : Autumn Lunch at the ILO Restaurant (aperitif from 12h30)(Date to be confirmed)THE 2009 ANNUAL GENERAL ASSEMBLYThe 2009 <strong>AAFI</strong>-<strong>AFICS</strong> General Assembly took place in Room II at the ILO on 21st April. GilbertFerrari was elected as Presiding Officer.Among the guests were Maurice Graber, responsible for senior citizens in the City of <strong>Geneva</strong> and AlanBlythe, Chief of the <strong>Geneva</strong> Office of the UNJSPF. The <strong>AAFI</strong>-<strong>AFICS</strong> Chairman also welcomedrepresentatives of the CERN Retiree Association, of FICSA and of the Organizations' administrations.After the promulgation of the results of the elections to the Committee 1 ,the Assembly focused onPension, Tax and Health issues.PensionsAlan Blythe provided a most lucid presentation of the impact of the current global financial crisis onPension Fund investments. He recalled that the Fund had just celebrated its 60th Anniversary; anindication of its longevity. As a defined benefit fund, the Fund is a long-term entity with long-termcommitments. It is managed in a long-term perspective.The volatile market conditions had of course had an effect on the fund whose assets had beenreduced from an all-time high of $ 42 billion in October 2007 to $ 29 billion in March 2009. There wasno need for panic nor for hasty changes. He emphasized that the Fund was solvent, there was noproblem of liquidity. Contributions from participants were sufficient to meet pension payments.1 The President of the Polling Officers, Sébastien Martinek announced that there were nine candidates for thenine vacant positions in the Committee. In accordance with Article 17.5 of the Statutes, there was therefore noneed to initiate a voting process. Have been elected de facto: Yves Beigbeder, Elisabeth Belchamber, DavidCohen, Roger Eggleston, Samy Kossovsky, Juan Mateu, Venkataraman Narasimhan, Agnès Sekela-Mortier,Pierre Vangeleyn.24

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