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FAFICS 54 Post-Council Pre-retirement Seminar, July 26, 2024, UNCC, Bangkok

07/26/2024

The day after the Council concluded, FAFICS held a pre-retirement seminar for ESCAP and UN staff in Bangkok. The half-day event was held in hybrid form, with some 15 in-person attended at at least 89 participants who connected remotely.
It was held on a Friday when most UN staff work from home. The seminar was opened by the FAFICS President Jerry Barton who spoke about FAFICS achievements, challenges, member services, the FAFICS Bureau and the FAFICS 54 Council.
FAFICS Vice President Marashetty Seenappa discussed the basics of UN Pension, pensionable remuneration and benefit payments, retirement benefit payment options (full pension vs. reduced pension with lumpsum option); how to calculate pension prior to retirement. He also spoke about spouse and child benefits under the UN pension plan, and the certificate of entitlement(paper/digital).
As an active Committee member of the Pension Fund, he also briefly talked about the Fund’s investments, governance and solvency. N. Srinivasan, Vice President of AFUNPI, India also made a presentation focusing mainly on issues related to separation from UN service, required documentation, currency options, health insurance claims and us of the Pension Fund MSS platform.
During the discussion, President Jerry Barton also expounded on residency issues and the two-track Option for pension payments, cost of living adjustments, and benefits of membership in FAFICS. Taking advantage of the presence of Brian Casatelli, UNJSPF Liaison Officer in Bangkok, the seminar also gave him a chance to explain further about the Fund’s member self-service platform, pension estimation, and resources already available in the Fund’s website.
Overall, the pre-retirement seminar was deemed quite useful by participants. The seminar was closed by Suraphon Songweera, President of AFICS Thailand, co-host for the seminar and the FAFICS 54 Council.

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