UNIONS URGE SECRETARY-GENERAL TO REPLACE THE CEO AS PAYMENT DELAYS CONTINUE

Staff unions urged the Secretary-General, in a letter published today, to replace the CEO of the pension fund in the face of a continued and severe backlog in payments to newly-retiring staff. The link to the letter is here: http://www.ccisua.org/wp-content/uploads/2016/06/LetterSGPensionFundDelays.pdf

The Secretary-General had set the CEO of the fund the target of reducing the backlog entirely during the period of 1 March and 31 May. Despite claims from the fund to have done so, the figures provided showed that only 36 percent of the backlog had been eliminated.

The botched implementation of a new IT system and refusal of the pension fund management to provide contingency plans, has led to newly-retiring staff having to wait between six and eight months to receive their pensions, putting many in hardship and this since summer 2015.

The letter also calls for an OIOS investigation into the backlog and the lack of transparency with regards to the data being provided by the fund.

Staff are invited to sign a related petition: https://www.change.org/p/ban-ki-moon-replace-un-pension-fund-ceo-sergio-arvizu-retirees-need-their-pensions-on-time

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