Tuesday, June 26, 2018

Lowell Flanders elected to the AFICS/NY Governing Board

Congratulations, Lowell Flanders, on winning election to the AFICS/NY Governing Board! (Results were announced yesterday, 25 June 2018, at the AFICS/NY annual assembly. See his mission statement posted below on the blog on 19 April 2018). We wish you all success in this endeavor.


Monday, June 25, 2018

Calling for an end to complicity of UN retiree representatives, 25 June 2018


Open letter to the AFICS/NY president, members of the Governing Board and to AFICS/NY members, 25 June 2018


Dear colleagues,

Subject: Calling for an end to complicity of UN retiree representatives 

Today, on the occasion of the AFICS/NY annual assembly, we recall that while the issue of chronic underperformance in investments was addressed by the Secretary-General in his appointment of his new Representative for Investments in 2017 and that we must remain vigilant, serious issues related to the Fund Secretariat remain unresolved.

Since 2014 when concerns arose about the leadership of the Fund Secretariat, there have been General Assembly resolutions, internal and external audits, and ACABQ reports[1], that collectively confirm issues of mismanagement in the Fund Secretariat, including in the implementation of the new IT system in 2015; procurement irregularities; massive understatement of an unprecedented delay in pension payments to new retirees, separated staff, and survivors; and severely inadequate client servicing.

Finally, after years of insisting that the backlog in pension payments consisted of a mere few hundred cases, the Fund acknowledged in its March 2018 newsletter that the backlog consists of 15,000 cases related to retirees and separated staff, and survivors.[2]  Yet, selective sharing and control of the flow of information by our retiree representatives continued, as indicated by a letter from the president of AFICS Canada to his constituents dated 7 March 2018.[3]

Wednesday, June 13, 2018

Attempts to stall vital UN pension fund audit and how the Fund invests your money, 13 June 2018

UPDATE FROM UN STAFF UNIONS: ATTEMPTS TO STALL VITAL PENSION FUND AUDIT + HOW THE FUND INVESTS YOUR MONEY
From: broadcast-unhq
Sent: Wednesday, 13 June, 2018 10:26 AM
To: HQ_NY_Secretariat; UN_Funds; DPKO; OAH%UNHQ
Subject: UPDATE FROM UN STAFF UNIONS: Attempts to stall vital pension fund audit + how the fund invests your money
Dear Colleagues,
We would like to update you on important developments at the pension fund.

Audit raises serious questions on how our fund is governed and led

You may remember that last fall we called for a review of how the pension fund is governed, having seen first hand the July 2017 board session. The General Assembly heard our concerns and requested OIOS to conduct a comprehensive review of the governance structure and related process of the pension fund’s Board.
OIOS swung into operation and the draft audit has been shared with members of the Board.
While its contents are confidential for the moment, we look forward to it addressing the issues that we have brought to OIOS’ attention, such as:
· conflicts of interest between Board members and the fund’s CEO;
· A Board that meets just once a year, with no meetings of its Standing Committee that is supposed to meet to act in between;
· lack of direct representation for retirees;
· a weak performance evaluation system for the CEO;
· lack of transparency and spurious confidentiality rules that prevent Board members from seeking external expertise;
· retaliation against pension fund staff; and
· unjustified increase in senior level positions.

Thursday, April 19, 2018

Vote for Lowell Flanders for the AFICS/NY Governing Board

VOTE FOR LOWELL FLANDERS FOR MEMBER OF THE AFICS/NY GOVERNING BOARD (FULL BIO BELOW)


CALLING ALL AFICS/NY MEMBERS

2018 Elections to the AFICS/NY Governing Board (Association of Former International Civil Servants)

Dear AFICS/NY members,

Some of you have already received the ballot for the 2018 election. Others may still be on the way. Please note that you may vote for one or more, but not more than six candidates. If you vote for more than six, your vote will be INVALID. The deadline for submitting your ballot is 31 May 2018.

I urge all AFICS/NY members to get out the vote for Lowell Flanders. Lowell has been consistent and committed in his efforts to safeguard our Pension Fund.

See his full bio below. Call and email your AFICS/NY friends and colleagues and urge them to vote and to submit their ballots on time.

Thursday, March 29, 2018

UN Pension Fund - FAFICS (UN retiree organization) misinformation campaign continues, 29 March 2018

Letter from CAFICS (AFICS Canada) to its members


In this scenario, in the "opinion" of the CAFICS and AFICS/NY presidents, the UN Secretary-General took action to replace his Representative for Investments and, in effect, place the CEO in charge of the Fund on probation, based merely on "exaggerated....rumours and allegations concerning the management of operations and investments ."


A UN retiree raised today on FCUNS Facebook the issue of the need to reach out to UN retiree organizations worldwide (Associations of Former International Civil Servants) to keep them apprised of issues concerning the UN Pension Fund. This is important the recent letter from AFICS Australia indicating that they've not been kept informed by the FAFICS leadership (Federation of Associations of Former International Civll Servants). A more recent letter from CAFICS (AFICS Canada) also highlights the importance of these organizations receiving accurate and updated information. The pension blog has made efforts to contact those organizations for whom there's correct contact information. 

On misinformation concerning the backlog in pension payments alone, as mentioned in my notes of the pension information briefing conducted at UN HQ on 21 March 2018 by the UN Participant Representatives to the Pension Board, there's finally consensus, including from the Fund management that the total number of persons affected by the backlog in pension payments is 15,000, retirees and their survivors. But one would have no idea based on information coming from FAFICS and AFICS/NY.

Sunday, March 25, 2018

Pension information session - finally, consensus on the backlog, 26 March 2018

Informal notes

Pension information session by UN Participant Representatives/members of the UN Staff Pension Committee

Wednesday, 21 March 2018, 1.15 to 2.30 pm, conference room F, UN Secretariat

Present:  Ms. Mary Abu-Rakabeh, Participant Representative UNSPC
· Mr. Ibrahima Faye, Participant Representative UNSPC
· Ms. Michelle Rockcliffe, Participant Representative UNSPC
. Ms. Bernadette Nyiratunga, Participant Representative UNSPC
· Mr. Ian Richards, President CCISUA and Participant Representative UNSPC
. Ms. Ndeye Aissatou Dieng-Ndiaye Participant Representative UNSPC


At the start of the information session, the UN Participant Representatives asked the audience to describe their particular concerns and questions.

Tuesday, March 20, 2018

UN Pension Fund: Past time for a professionalized Pension Board, 21 March 2018


  

There’s an information briefing scheduled for today,  Wednesday, 21 March 2018,  in conference room F,  by the UN participant representatives/members of the UN Staff Pension Committee.
A major question for the briefing is what remedial measures have been taken as called for by General Assembly resolution 72/262 to address serious problems in the Fund. 
The UN internal governance audit of the Pension Board, called for by the Assembly, is currently being conducted by the UN Office of Internal Oversight Services (OIOS). 
Prospects for meaningful improvements in Fund management are slim without Pension Board reform and radical changes in its membership with a focus on professionalism, transparency, and accountability to optimize its oversight function. 
In the meantime, there’s a management vacuum in the Fund Secretariat, and the leadership of the UN retiree organization (FAFICS) continues its state of denial, as confirmed by a letter from the outgoing president of AFICS Australia dated 20 February 2018 addressed to members (link below).