Page 38 - Bulletin, Vol.80 No.1, May 2021

ANNUAL REPORT FOR 2019

INTRODUCTION

1. AAFI-AFICS is an Association in constant evolution and is therefore required to take
account of present-day realities. To this end the Association has continued to
assume its place within FAFICS to ensure a presence in all areas where the
interests of retirees are treated (Annex V).

A. THE ROLE OF THE COMMITTEE

2. The list of Committee members for 2019-2020 is given in Annex I. In 2019 the
Committee lost a member, Nari (Venkataraman Narasimhan), who had been the
Association’s Treasurer for 25 years. We have lost not only an eminent member of
the Committee but also a true friend.

3. A number of other valued members have also left us, to whom we have paid
homage in the Bulletin. The President of AAFNU-BF (Burkina-Faso), Pierre Adama
Traoré, and Jean Broggini, secretary-treasurer of FAFICS from 1996 to 2002, also
disappeared in the autumn of 2019.

4. In 2019 the Committee met nine times for roughly three hours of discussion at each
session. The activities of sister associations are also reviewed since each of them
gives specific guidance and support to its members, especially concerning health
insurance.,

5.. One task of the Committee is to prepare and adopt a budget. The 2020 budget is
given in Annex II. It is particularly important to manage wisely the funds acquired by
the Association over the years with the dramatic fall in interest rates in more recent
years, and, unfortunately, lower membership. Our annual members should pay their
fees (CHF 40.00) every year prior to April.

6. Due to the pandemic, we could not hold a general assembly. However the
Committee approved the accounts after usual checking by the auditors (ANNEX III
and IV).

7. The Committee studies the documents that will be discussed at the annual session
of the FAFICS Council so that the AFICS representatives have a clear mandate.
The AAFI-AFICS Committee also prepares documents on subjects which it deems
should be discussed by the FAFICS Council.

8. The Bureau of the AAFI-AFICS Committee, composed of the Chairman, Vice-
Chairmen and the Treasurer, meets at least once a week at the Palais des Nations.
Mohammed Sebti, the representative of FAFICS on the Pension Board, and Pierre
Sayour, secretary of FAFICS, are also invited. Bureau members maintain close
communication by telephone and e-mail. They participate regularly in other
meetings and activities that are relevant to the work of the Association.

36 AAFI-AFICS BULLETIN, Vol. 80 No. 1, 2021-05