Sunday, July 23, 2017

UN Pension Fund seeking new head of investments of assets, 23 July 2017

UN PENSION FUND SEEKS NEW HEAD OF INVESTMENTS OF ASSETS
(Representative of the Secretary-General for Investments)


Representative of the Secretary-General for the investment of the assets of the United Nations Joint Staff Pension Fund (UNJSPF)




The Secretariat of the United Nations presents its compliments to the Permanent Missions to the United Nations and has the honour to request the nomination of candidates for the position of representative of the Secretary-General for the investment of the assets of the United Nations Joint Staff Pension Fund, at the level of Assistant Secretary-General.
            The Assistant Secretary-General reports directly to the Secretary-General.  The responsibilities and functions of the Assistant Secretary General as stipulated in the Terms of Reference in the Annex of General Assembly Resolution 68/247 B include: 
CONTINUE READING:

Thursday, July 13, 2017

Dear Chairman of the Pension Board: response from UN participant representatives, 13 July 2017


Subject: Re: Message from UN participant representatives to the Pension Fund / Message des représentants des participants de l'ONU au Fonds de Pension

Dear Chair,
Thank you very much for your message, which we have read with great care.

Allow us to start by reiterating our thanks to those who voted for us and we look forward to taking part in this year’s meeting of the Board. 

We are pleased to inform you that we take our responsibilities seriously, including the expectation from our constituents to hold the Fund’s fiduciaries accountable for their performance.
To this end, we are heartened by your point that:

“Usually the participant’s representatives gather suggestions/comments from their constituency (participants/staff members) of their employing organizations and bring these issues to the attention of the respective SPC, who decides which of these issues to be brought to the Board.  You may wish to review past Board reports in order to get an idea of issues addressed by the Board in the past and decisions that have been made. They are available through the Fund’s portal for Board documents.”

Pension Board Chair to Participant Representatives: "It's not discussable!"






NOTE FROM LOWELL FLANDERS (REPOSTED FROM FCUNS FACEBOOK GROUP)

13 JULY 2017

At last year’s meeting of the Pension Board, the Chair, Vladimir Yossifov, is reported to have muzzled the UN staff unions, preventing them from making a statement to the Board. He’s actively supported the CEO in blocking two duly elected participant representatives from participating in the UN Staff Pension Committee. 

Now he seems to be again attempting to place a gag order on the participant representatives. On 10 July they sent a letter to all participants (posted below on FCUNS). Note in particular Yossifov’s statement below which raises the question: Has he thought to reprimand the CEO for raising the issue (over which he has no purview) in the first place (at the AFICS/NY annual assembly, video also posted on FCUNS)? Since the matter is not “discussable” as Yossifov says, why did the CEO believe he could discuss it?

Quote from Yossifov's message: “In particular, I would like to state on record the following underlying issues that govern the manner in which the Pension Board conducts its business. First, the UNJSPF has been established by the United Nations General Assembly (UN GA) as a defined-benefit pension plan and this question is not discussable. This is also very clear from the UNJSPF Regulations and Rules. There is no threat or challenge to this status and to raise the possibility of a change in this status with staff is to cause unnecessary concern.”

__________________________________________________________________________________
This message is sent on behalf of Mr. Vladimir Yossifov, Chairman of the Pension Board, 63rd session:

Re: Message from UN participant representatives to the Pension Fund / Message des représentants des participants de l'ONU au Fonds de Pension

Dear Mmes. Abu-Rakabeh, Nyiratunga, Ndiaye and Mr. Richards,
It has come to my attention that you sent a message on 10 July 2017 concerning Pension Fund matters to all UN staff members. As members of the United Nations Staff pension Committee (UNSPC) and the United Nations Joint Staff Pension Board (UNJSPB or the Board) you are part of the governance of the United Nations Joint Staff Pension Fund (UNJSPF or Fund), and therefore, you have a fiduciary duty to represent your constituency in the best interest of the Fund in discussions and cooperation with the two other constituent groups of the Board – namely the representatives of the Governing bodies and the administrations of the 23 members organizations. Unfortunately, some of the information contained in your above mentioned message is incorrect. Broadcasting inaccurate information outside the governance structure of the Fund on issues that will be discussed in few weeks in the Board session is not conducive to effective deliberations of the United Nations Joint Staff Pension Board.

Monday, July 10, 2017

Message from UN Participant Representatives to the Pension Fund, 10 July 2017

MESSAGE FROM UN PARTICIPANT REPRESENTATIVES TO THE PENSION FUND/MESSAGE DES REPRESENTANTS DES PARTICIPANTS DE L'ONU AU FONDS DE PENSION

BROADCAST UNHQ
Date: 10 July 2017 at 10:21:18 PM
Subject: Message from UN participant representatives to the Pension Fund / Message des représentants des participants de l'ONU au Fonds de Pension
Reply-To: "Ian Richards" <Ian.Richards@unctad.org>
Dear UN Colleagues,
As representatives of UN staff to the pension fund, elected by you in April, we would like to update you on preparations for the forthcoming annual board meeting, which takes place 24 to 28 July in Vienna.
Issues to which we are devoting particular attention are: the large backlog of payment delays to retirees; proposals to increase the top-heavy nature of the pension fund administrative budget; the need for proposals to speed up the first payment upon retirement; investment underperformance; and in the context of the above, the proposals to renew the current leadership.

Sunday, July 9, 2017

Open letter to the Pension Board Chair, 7 July 2017

OPEN LETTER TO THE CHAIR



Open letter to Mr. Vladimir Yossifov
 Chairman of the United Nations Joint Staff Pension Board

7 July 2017

Dear Mr. Yossifov,

Subject:  Matters of concern before the upcoming Pension Board meeting, 24-28 July 2017, Vienna

With regard to the annual Pension Board meeting, which will take place in Vienna from 24 to 28 July 2017, while we are not privy to the Board’s agenda, we understand that several important topics will be before the Board for discussion.

Specifically, the issues of investment underperformance and the unprecedented backlog in benefit payments, as variously detailed in General Assembly resolution 71/265, Board of Auditors report A/71/5 Add 16, Advisory Committee on Administrative and Budgetary Questions (ACABQ) report A/71/621, Pension Board report A/71/9, and Office of Internal Oversight Services (OIOS) audit 2017/2, are among the issues requiring the Board’s attention.

Friday, July 7, 2017

Resist the illegal and self-serving push to exclude elected participant representatives from the UN Staff Pension Committee, 11 June 2017



AN ILLEGAL AND UNACCEPTABLE PUSH TO EXCLUDE DULY ELECTED STAFF REPRESENTATIVES FROM THE UN PENSION COMMITTEE

The Legal Counsel gave an opinion 25 years ago (November 1992, posted below by CCISUA president, Ian Richards). It was overturned by the Joint Appeals Board. Consequently, it was never adopted into the rules and regulations of the Fund.
Suddenly this old and unimplemented legal opinion is brushed off and pushed forward by the CEO – the focus of the OIOS audit into managerial deficiencies -- and his cohorts for purely self-interested reasons. It should be clear to all why this is happening now.
The Fund is experiencing problems of chronic investment underperformance that puts its solvency at risk; and an unprecedented backlog in benefit payments owing to managerial deficiencies, of which a minimum of 10,000 cases, including thousands of widows and orphans, remain unresolved and unreported by the Fund (see details in the OIOS audit dated February 2017, 2017/02).
These problems are extremely serious and are detailed in a General Assembly resolution (71/265), a board of auditors report, an ACABQ report, and the OIOS audit. At last year’s Pension Board meeting, our staff federation representatives were muzzled by the Chair and members of the Board, while they pushed for early renewal of the CEO's five-year contract, and the media was severely criticized for writing about problems in the Fund.

Wednesday, June 7, 2017

UN Pension Fund - Update on the petition, 7 June 2017



As you may be aware, elections took place in early April for the UN Staff Pension Committee, whose members, called participant representatives, will also be on the Pension Fund’s Board.
Four members and two alternates were elected from 43 candidates. You may recall that those elected as well as other candidates made clear references in their campaign materials on:
  • the Fund’s failure to meet its performance targets;
  • the Fund’s inability to pay retirees on time;
  • the Fund’s weakening relationship with the UN; and
  • a controversial proposal to renew the CEO’s contract for a further five years.
Possibly unrelated to this, the Secretary of the Staff Pension Committee, Sergio Arvizu, who is also the Fund’s CEO, refused for almost two months to recognize those elected. Staff unions therefore launched a petition on Monday 29 May: https://secure.avaaz.org/en/petition/Pension_Fund_CEO_Sergio_Arvizu_and_UN_SecretaryGeneral_Antonio_Guterres_Recognize_the_votes_of_staff_in_Aprils_Pension_F/
Four days after the petition was published, the CEO recognized four of the six elected.
On the same day, the Chair of the Board, Mr. Vladimir Yossifov, wrote to staff. We believe his message and the CEO’s position to be incorrect both in form and substance.
The Chair stated that as the remaining two representatives work at the Fund they would be ineligible, based on a legal opinion from 1992, to be members of the SPC.
The reality is that there is no rule preventing staff working at the Fund from being elected to the Staff Pension Committee of their own Fund. The legal opinion from 1992, which doesn’t bind the Fund, was overturned shortly after (the Chair neglected to mention this) on the basis that Pension Fund staff cannot be deprived of their rights, and the rules were therefore never changed. Recognizing this, we proposed, based on discussions with the Ethics Office, to work with the CEO to develop guidelines to ensure those representatives do not face a conflict of interest. Our offer remains and we are disappointed that neither the Chair nor CEO has not responded to this.
The Chair noted that the Fund had made the polling officers aware of the legal opinion and they should not have allowed the candidates to run.
The Chair announced that the Board’s standing committee (which meets when the Board is not in session) would make a final ruling on the matter.
The reality is that neither the Chair nor the Board or its standing committee has jurisdiction to rule on this issue. The Fund’s rules are clear that only UN staff, through elections, can choose their representatives, and they have, and in full knowledge that those two representatives were staff at the Fund.
We therefore reiterate the importance of recognizing the choice of the 18,000 staff who voted and the rights of the UN’s 85,000 staff.
Within this we reiterate our offer to work with the Ethics Office to ensure that the participation of elected representatives is above reproach. At the same time, we believe this isn’t the only issue at the Fund for which oversight by the Ethics Office would be advisable. Indeed, the attempts by the CEO and Chair to interfere in the implementation of the election results is also regrettable and may represent a conflict of interest.
The petition remains valid and we encourage you to sign it so as to ensure that your voice is heard on the Board of the Pension Fund. It is your retirement income at stake and there are serious problems to be fixed.


Tuesday, June 6, 2017

UN STAFF UNIONS: UPDATE ON THE PENSION FUND PETITION, 6 June 2017




“As you may be aware, elections took place in early April for the UN Staff Pension Committee, whose members, called participant representatives, will also be on the Pension Fund’s Board.
Four members and two alternates were elected from 43 candidates. You may recall that those elected as well as other candidates made clear references in their campaign materials on:
- the Fund’s failure to meet its performance targets;
- the Fund’s inability to pay retirees on time;
- the Fund’s weakening relationship with the UN; and
- a controversial proposal to renew the CEO’s contract for a further five years.
Possibly unrelated to this, the Secretary of the Staff Pension Committee, Sergio Arvizu, who is also the Fund’s CEO, refused for almost two months to recognize those elected. Staff unions therefore launched a petition on Monday 29 May: https://secure.avaaz.org/…/Pension_Fund_CEO_Sergio_Arvizu_…/
Four days after the petition was published, the CEO recognized four of the six elected.
On the same day, the Chair of the Board, Mr. Vladimir Yossifov, wrote to staff. We believe his message and the CEO’s position to be incorrect both in form and substance.
The Chair stated that as the remaining two representatives work at the Fund they would be ineligible, based on a legal opinion from 1992, to be members of the SPC.
The reality is that there is no rule preventing staff working at the Fund from being elected to the Staff Pension Committee of their own Fund. The legal opinion from 1992, which doesn’t bind the Fund, was overturned shortly after (the Chair neglected to mention this) on the basis that Pension Fund staff cannot be deprived of their rights, and the rules were therefore never changed. Recognizing this, we proposed, based on discussions with the Ethics Office, to work with the CEO to develop guidelines to ensure those representatives do not face a conflict of interest. Our offer remains and we are disappointed that neither the Chair nor CEO has not responded to this.
The Chair noted that the Fund had made the polling officers aware of the legal opinion and they should not have allowed the candidates to run.
The reality is that the Fund never notified the polling officers of the legal opinion, nor did it provide a rule by which the candidates could be prevented from running, as no such rule exists.
The Chair announced that the Board’s standing committee (which meets when the Board is not in session) would make a final ruling on the matter.

The reality is that neither the Chair nor the Board or its standing committee has jurisdiction to rule on this issue. The Fund’s rules are clear that only UN staff, through elections, can choose their representatives, and they have, and in full knowledge that those two representatives were staff at the Fund.
We therefore reiterate the importance of recognizing the choice of the 18,000 staff who voted and the rights of the UN’s 85,000 staff.
Within this we reiterate our offer to work with the Ethics Office to ensure that the participation of elected representatives is above reproach. At the same time, we believe this isn’t the only issue at the Fund for which oversight by the Ethics Office would be advisable. Indeed, the attempts by the CEO and Chair to interfere in the implementation of the election results is also regrettable and may represent a conflict of interest.
The petition remains valid and we encourage you to sign it so as to ensure that your voice is heard on the Board of the Pension Fund. It is your retirement income at stake and there are serious problems to be fixed.”



PLEASE SIGN THE PETITION HERE:

Tuesday, May 30, 2017

UN Pension Fund: Sign the petition to CEO Arvizu and UN SG Guterres! 30 May 2017



SIGN THE PETITION NOW


https://secure.avaaz.org/en/petition/Pension_Fund_CEO_Sergio_Arvizu_and_UN_SecretaryGeneral_Antonio_Guterres_Recognize_the_votes_of_staff_in_Aprils_Pension_F/

Why this is important

On 13 April 2017, the results of the UN Pension Fund elections for participant representatives were announced (1). Eighteen thousand staff voted, choosing four members and two alternates to represent them for a term of 4 years to the UN Staff Pension Committee and to the governing Board of the Pension Fund.

Yet despite these undisputed results, the CEO of the Pension Fund, Sergio Arvizu (pictured), has refused to accept the elected members neither to the Committee nor to the Board, despite four written requests (2). This puts the Fund in violation of Articles 5 and 6 of its own Regulations and Rules (3). It contrasts with the Fund’s immediate recognition of the representatives elected by the General Assembly.

This creates a precedent whereby the CEO can decide who sits on the board that administers the Fund.

It further disenfranchises 85,000 staff at a time when the Board is due to meet this July in Vienna to consider three key issues that may affect your retirement income:

  • the Fund’s failure to meet its performance targets;
  • the Fund’s inability to pay retirees on time;
  • the Fund’s weakening relationship with the UN; and
  • a proposal to renew the CEO’s contract for a further five years.

The CEO’s refusal may in part be because three of those elected earlier claimed serious flaws in:

  • how the Fund has been managed;its handling of the recent payments crisis; and
  • the truthfulness of data published by the Fund on the UN intranet.
These claims were recently confirmed by an audit of the UN’s Office of Internal Oversight Services (4).

The UN has been unable to persuade the Fund to admit its elected participant representatives to the Board. The staff unions of the UN therefore need your voice to be heard.

Whether you are a staff member or retiree, please sign this petition and tell Secretary‐General Guterres and CEO Sergio Arvizu to:

  • provide access by your duly elected representatives to the Pension Fund Board and UN Staff Pension Committee; and
  • fully abide by the Regulations and Rules of the Pension Fund;

Thank you for signing this petition. Please share it with your current and former colleagues. At the end of the day, this concerns your own retirement income.

Footnotes:
(1) http://www.ccisua.org/2017/05/17/un‐pension‐fund‐must‐recognize‐its‐newly‐elected‐board‐members/
(2) http://www.staffcoordinatingcouncil.org/attachments/article/241/RegulationsRulesPAS_2017.pdf
(3) 19 April, 24 April and 4 May: http://www.staffcoordinatingcouncil.org/attachments/article/241/Requests%20for%20access%20for%20Participant%20Representatives.pdf.15 May http://www.staffcoordinatingcouncil.org/attachments/article/241/Letter%20from%20Staff%20representatives%20to%20UNSPC.pdf
(4) http://www.staffcoordinatingcouncil.org/attachments/article/241/1489700907_1_2017_002_pd.pdf
In picture (L to R): Pension Fund CEO, Sergio Arvizu, Pension Fund Board Chair, Vladimir Yossifov, UN SG, Antonio Guterres

Un appel à l’Administrateur de la Caisse des Pensions et au Secrétaire général pour reconnaitre le vote du personnel lors des élections à la Caisse des Pensions

Le 13 avril 2017 les résultats des élections des représentants des participants à la Caisse Commune des pensions du personnel des Nations Unies (1) ont été annoncés. 18000 fonctionnaires ont voté pour élire 4 représentants et deux suppléants pour un mandat de 4 ans au sein du Comité mixte et du Conseil d’administration de la Caisse.

Malgré les résultats incontestables, l’Administrateur de la Caisse, M. Sergio Arzivu a refusé d’admettre ces représentants au sein du Comité et du Conseil d’Administration bien que quatre demandes écrites ont été envoyées à ce sujet (2). Il s’agit d’une violation des articles 5 et 6 du Règlement de la Caisse (3) et d’une situation qui contraste avec la reconnaissance immédiate des représentants élus par l’Assemblée générale.

Tout cela crée un précèdent où l’Administrateur de la Caisse peut décider qui siègera au sein du Conseil qui gère la Caisse.

Par ailleurs, cela prive les 85000 fonctionnaires du droit d’être représentés à la veille de la tenue de la session du Conseil en juillet à Vienne. Cette session devra discuter de questions importantes pour votre indemnité de pension à savoir :

  • l’incapacité de la Caisse à atteindre ses objectifs en matière de performance;
  • l’incapacité de la Caisse à payer à temps les retraités;
  • les liens diminuantes entre la Casse et l’ONU;
  • et une proposition de renouveler le contrat de l’Administrateur pour 5 années supplémentaires.
Ce manque de reconnaissance des représentants découle en partie du fait que trois d’entre eux ont déjà signalé des manquements graves pour ce qui est :

  • de la gestion de la Caisse;
  • de la gestion de la crise de versement des indemnités; et de la crédibilité des données publiées sur l’intranet de la Caisse.
Ces allégations ont dernièrement été confirmées par l’audit mené par le Bureau des services du contrôle interne (4).

L’ONU n’a pas réussi à convaincre la Caisse d’admettre les représentants élus au sein du Conseil d’administration. C’est pourquoi, les syndicats de l’ONU ont besoin de votre voix pour être écoutés.

Que vous soyez en service ou retraité, vous êtes prié de signer cette pétition qui appelle le Secrétaire général Antonio Guterres et l’Administrateur de la Caisse Sergio Arvizu à ce qui suit :

  • assurer l’accès des représentants élus au Conseil d’administration et au Comité de la Caisse des pensions;
  • respecter pleinement le Règlement de la Caisse des pensions.
Merci de signer cette pétition et de la partager avec vos collègues actuels ou retraités. Il en va au bout du compte de votre indemnité de pension.
Copy and paste links in your browser:
(1) http://www.ccisua.org/2017/05/17/un‐pension‐fund‐must‐recognize‐its‐newly‐elected‐board‐members/
(2) http://www.staffcoordinatingcouncil.org/attachments/article/241/RegulationsRulesPAS_2017.pdf
(3) 19 avril, 24 avril et 4 mai: http://www.staffcoordinatingcouncil.org/attachments/article/241/Requests%20for%20access%20for%20Participant%20Representatives.pdf.15 mai http://www.staffcoordinatingcouncil.org/attachments/article/241/Letter%20from%20Staff%20representatives%20to%20UNSPC.pdf
(4) http://www.staffcoordinatingcouncil.org/attachments/article/241/1489700907_1_2017_002_pd.pdf

Wednesday, May 17, 2017

CCISUA President: UN Pension Board must recognize its newly elected Board Members, 17 May 2017







On 13 April, the election results for the UN Staff Pension Committee were announced. Almost 18 thousand voters took part.
Yet one month later, the Pension Fund still hasn’t recognized the results, despite a commitment to do so at the recent meeting of the Staff-Management Committee.
Why? It is not clear. However, what is clear is that the elected members are due to attend the meeting of the Pension Board in July (UN SPC members are also members of the Board), and on the agenda will be the issue of the extension of the current CEO, Sergio Arvizu. Over the past three years, several of those elected have questioned the actions of the current CEO, especially during the recent payments crisis. A recently published OIOS report sheds further light.
To this end, the newly elected representatives sent this letter to the UN Staff Pension Committee and its Secretary (who just happens to be the fund’s CEO).
If the Pension Fund does not recognize the elected representatives of UN staff and thereby prevents them from attending the Board meeting in July, then 75,000 members, representing 70 percent of the Fund, will be disenfranchised. And in these difficult times, that’s your retirement income that will be jeopardized.
LINK TO CCISUA WEBSITE:
Letter from elected staff participants:
OIOS audit report:



Friday, April 28, 2017

UN pensions: Open letter and questions for the AFICS/NY President, April 28, 2017

Open letter and questions for the AFICS/NY President, John Dietz (Association of Former International Civil Servants)
28 April 2017
Dear Mr. Dietz,
Thank you for your email update to AFICS/NY members dated 26 April 2017 on “actions and activities …on issues of concern to us all” (see below).
The update comes several months after publication of reports of the Board of Auditors, Advisory Committee on Administrative and Budgetary Questions (ACABQ), General Assembly resolution and an OIOS (UN Office of Internal Oversight Services) that detail serious problems related to both sides of the Fund. It also comes almost six months after your last substantive communication (President’s note of 14 November 2016).
As you know, this is the first time that many, if not most, AFICS/NY members are being made aware of the above reports and resolution, as so far none of these documents have been posted on the AFICS/NY website, or circulated by email to the membership.

While the update deals with issues of pension and health insurance, for which I thank you, my focus here is on pension issues.
According to the update, the AFICS/NY leadership’s “active advocacy” on pension focuses on “elimination of the backlog in pension benefit processing first identified in 2015” and on “ensuring continued maintenance of a conservative investment strategy for the Pension Fund's assets”.
In fact, according to the OIOS audit (2017/02 dated 13 February 2017) at least 10,000 beneficiaries (allowing for duplication of outstanding cases) continue to wait for payments, some for years, while the Fund CEO campaigns for renewal of his five-year contract.

Wednesday, April 19, 2017

FAFICS: The Federation of Associations of Former International Civil Servants, Time for Change, 19 April 2017




Further to a question by a UN retiree on a FCUNS Facebook discussion thread, the topic of the need for change in the leadership of FAFICS was raised by Ian Richards, the CCISUA president.
Good idea, and one that some of us have been thinking about for quite some time. I'm not an expert on how the FAFICS system works, specifically the electoral process. Anyone who can clarify, please do.
As far as I can glean, the leaders of the various Association of Former International Civil Servants (AFICS) associations world-wide elect the members of the FAFICS council. So any change in the leadership of FAFICS has to begin with a conversation about AFICS. I can't speak about the other 58 or so AFICS associations world-wide. That there's no transparency or democracy in AFICS/NY has been only too obvious to some of us for some time.

Tuesday, April 18, 2017

UN Pension Fund CEO campaigns while thousands suffer and wait in vain, 18 April 2017





 The April newsletter of the UN Joint Staff Pension Fund was circulated by email yesterday to participants and beneficiaries, the first direct email circulation in memory. The Fund's newsletters are normally posted on the UNJSPF website.  

But it’s CEO (Sergio Arvizu) campaign season for renewal of his five-year contract. So the newsletter is sent by email to participants and retirees, using contact information which Arvizu is reported to have steadfastly refused to share for the purpose of elections of participant representatives to the UN Staff Pension Committee. No doubt tens of thousands of glossy copies are on their way by regular mail.

Tuesday, April 4, 2017

Ian Richards campaign statement: Vote for candidates who will protect our Pension Fund, 4 April 2017

PROTECT OUR FUND: VOTE FOR THE SLATE OF SIX CANDIDATES

ELECTIONS:  UN STAFF PENSION COMMITTEE HAPPENING NOW  (31 March to 10 April 2017), link to bios below
Contact Chair, Polling Officers, gheorghe@un.org for information








IAN RICHARDS' CAMPAIGN STATEMENT

Dear Colleague, 

The Board of the pension fund must represent your interests. Our fund must be kept safe and secure. 

You will have received an email from "Polling Officers, CCISUA - UN Staff Pension Committee Election - 2017" with the link to vote for members to the UN Staff Pension Committee, who are also members of the pension fund Board. 

It's important that you vote. I am a candidate. 

As a staff representative I pressured the fund to pay its retirees on time, successfully lobbied the General Assembly to keep the fund in the UN and helped expose misleading data being published by the fund on the UN intranet. 

However, the fund’s leaders have yet to be held accountable for their actions, staff continue to be paid later than is acceptable and the returns on the fund’s investments are below target with $3.4 billion recently lost in foreign exchange transactions. 

If elected I will:
· oppose moves to remove the fund, its staff and investments from the UN;
· hold the pension fund’s leaders accountable for the suffering caused to retirees through late payments and the fund’s poor financial performance;
· identify bottlenecks in benefits payments so that retirees are paid on the day of retirement;
· make sure the fund is prepared for difficult economic times ahead;
· ensure the Board holds regular townhalls with staff to understand your needs.

The online voting platform is easy to use and you can choose up to six candidates. The deadline for voting is Monday 10 April 9 a.m. EDT. 

Other candidates with similar views and objectives are:
· Egor Ovcharenko
· Michelle Rockcliffe
· Ibrahima Faye
· Katy Joseph Solozano
· Nebiyu Workineh

Thank you for taking the time to vote. Our pension fund needs your participation. 

Ian 

Brief Bio 

· Economist on investment issues at UNCTAD
· Treasurer and Vice-Treasurer of La Mutuelle, the Geneva savings and loans mutual, 2013 to present

· President of the Coordinating Committee of International Staff Unions and Associations (CCISUA), 2014 to present

https://www.bigpulse.com/biopreview?code=1490062544H5DMknjaj6QrdpBJnr8c