Friday, May 22, 2020

UN Pension Fund: Why UN retirees should boycott FAFICS and its associations, May 22, 2020

The UN Pension Fund's  internal email system should not be used to support non-transparent and unrepresentative institutions such as FAFICS (the Federation of Associations of Former International Civil Servants) and its associations, including AFICS/NY (the New York chapter of the Federation).
Recently, the Fund administration circulated a membership letter on behalf of AFICS/NY to all Fund members through the Fund's internal email system.
I think it’s important to flag two issues here. One is that in terms of its current pension policies, FAFICS, the umbrella organization for AFICS/NY and other AFICS associations, practices taxation without representation.
For several years, the same person was both the president of AFICS/NY and FAFICS, and still continues, along with the Vice-Chair of the Pension Committee, to wield outsize influence in AFICS/NY, in FAFICS, and on pension matters on the FAFICS delegation to the pension board.
While recognizing efforts on the part of the current AFICS/NY leadership toward more transparency, it's a fact that its leadership, of the association with the highest membership among the 61 FAFICS associations, has been largely passive and complicit in these unrepresentative practices, including out of hand rejection of the proposal in OIOS' (Office of Internal Oversight Services) governance audit (A/73/341) that the Pension Board review modalities for UN retirees to directly elect our representatives to the Pension Board. One of the specious reasons offered by the FAFICS leadership for rejecting the proposal, is that FAFICS has no access to the UNJSPF membership!
It’s the reason that I continue to withhold my membership dues to AFICS/NY and recommend that others follow suit, until, at the very least, the membership of the FAFICS delegation to the Pension Board changes (see article linked below).

The second is the use of UNJSPF email system to disseminate messages from FAFICS associations. The OIOS comprehensive governance audit was explicit in describing various conflicts of interest between the FAFICS leadership and the management of the Fund, including the “appearance of collusion” in the use of the UNJSPF internal email system to disseminate a January 2018 letter from the then FAFICS president, containing several misleading statements to 200,000 plus Fund members, of which a small fraction-- 18,000 ---were FAFICS members. Yet, the FAFICS leadership consistently claims that it's the sole legitimate representative of all UN retirees.

Friday, May 1, 2020

UN Pension Fund: We must ensure we're solving the right problems. 2 May 2020

The online pension briefing organized by the UN Participant Representatives to the  Pension Board on Wednesday, 29 April 2020 was extremely informative and useful. I wish to thank them for organizing the event, and commend them for their dedication, commitment and persistence in working for the interests of Fund participants (active staff, whom they represent) and advocating for retirees in the matter of the continued health of our fund.

I wish also to raise issues concerning the briefing, and a recent Passblue article, for which it is imperative that independent facts be established in order to ensure we're solving the right problems.

Informal summary (below)

I have prepared an informal summary below this note,  structured according to the presentations on i) developments at the Fund; ii) benefits; iii) investments; and iv) questions and answers; v) cost savings; vi) and closing remarks). 

I wish to stress that this summary is unofficial and offered solely for information of interested fund members, who may also wish to visit the following link to replay the recorded live event.