Page 39 - Bulletin, Vol.79 No.1, February 2020
P. 39

OUR PENSION FUND


                                                                                     By Odette FOUDRAL

               The UNJSPF is managed by the Pension Board which each year examines the reports
               of the CEO and the Representative of the Secretary-General concerning investments.

               This 10-day tripartite meeting enables the 33 representatives (11 for active staff, 11 for
               Administration  and  11  for  the  Member  States)  and  representatives  from  FAFICS  to
               exchange views on all the items of the agenda.

               This year was considered to be a budget year but administrative questions were also
               considered.

                   1.  Appointment  of  Mrs.  McClean  as  Chief  Executive  of  Pension  Administration
                      (CEPA), on 1 January 2020
                   2.  Job  description  for  the  future  Secretary  of  the  Pension  Board  and  selection
                      procedure
                   3.  Review of the proposals of the working group on the management of the Fund
                   4.  Distribution of the seats on the Pension Board
                   5.  And, of course, the 2020 budget and revision of the 2019 budget
                   6.  Suppression  of  the  two  directorial  posts  in  the  Geneva  Office  of  the  Pension
                            1
                      Fund .
               As soon as AFICS was informed of the suppression of the two posts, action was taken;

                   1.  The  President  of  FAFICS  and  the  FAFICS  representatives  on  the  budget
                      committee were contacted and requested to intervene to prevent a restructuring
                      that  would  be  disastrous  for  Geneva.  These  representatives  argued  that  the
                      transfer  of  these  posts  was  not  a  budgetary  question  but  arose  from  the
                      managerial prerogatives of the CEO which could not be discussed by the budget
                      group. Nevertheless, this decision resulted in the transfer of a D1 and a P5 post
                      from  Geneva  to  New  York.  The  D1  post  has  been  used  to  create  a  post  of
                      Secretary to the Pension Fund at no extra cost, despite the fact that this was not
                      required by Resolution 73/274, adopted in 2018.
                   2.  We  approached  the  interim  CEO  who  confirmed  the  proposal,  basing  the
                      argument on the poor results of the Geneva Office.
                   3.  We referred the matter to FAFICS since the Geneva Office also serves retirees in
                      Vienna, Paris and Rome as well as countries in Africa but were disappointed to
                      discover  that  AAFI-AFICS  Geneva  was  the  only  association  that  defended  the
                      importance  of  the  Geneva  Office,  with the  exception  of  the  UN  SPC. It  is  not
                      surprising, therefore, that the Pension Board accepted this decapitation.
                   4.  However, we tried once again to change the course of events, meeting with the
                      interim  CEO  and  insisting  with  FAFICS  that  the  decision  should  be  left  to  the
                      incoming  CEPA  (Chief  Executive  of  Pension  Administration).  At  present
                      resolution 2019 is still available only as a proposal, and the axing of the P5 post


                   1.  Hereafter referred to as “Geneva Office”.

               AAFI-AFICS BULLETIN, Vol. 79 No. 1, 2020-02                                               35
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