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Tribute to Hélène Pour: EARLY RETIREMENT- More work or something new?

Category : Message69

Coping admirably with complications of a lung disease, Hélène Pour left us on 8 April 2022, shortly after her 81st birthday. Her final message was “Toujours à la recherche d’un monde meilleur” She insisted that there be no ceremony or speeches. In lieu of those formalities, this tribute presents a short recap of her ILO journey and nearly 30 years of her retirement.

Many of us wonder what retirees do after the ILO. Do they (or we) wander from the familiar path followed throughout a career? What particular goals motivate them (or us) to turn to new horizons? This is one story, certainly among many, and a simple way to say adieu to a dear friend and colleague.

Hélène joined the ILO in 1965 in the Press Department. She loved to write – and somehow managed to keep most of her work (philosophical and political musings and poetry) to herself, which we discovered after she died. But as a young official she quickly worked for UNION on the editorial board. Her articles were sprinkled throughout issues of UNION in the late1960s and the 1970s. Her interviews gave the staff insights into the backgrounds and personalities of new high level officials (Bertil Bolin and Albert Tevoedjre) and a personal exchange with David Morse on art in 1970. She organized a round table of “young professionals” to discuss their attitudes to and expectations of work in the ILO, and wrote a long summary (UNION no. 11 & 12). This summary intrigued Francis Blanchard, who later made it a point to seek out the work of young professionals. When equality of treatment and opportunity for women came to the fore in the 1980s, Hélène interviewed Antionette Beguin who had led a task force, which included SUC members, The Task Force recommendations had little impact for many years, but laid the basis for later progress.

On the professional front, Hélène was never far from information, education and communication (IEC). From writing extracts on vocational training and editing reports on management development, she moved to Workers’ Education with a UNFPA funded programme and later to the Employment Department. Developing and producing educational and communication materials on population issues, conducting training programmes in many countries in Asia and Africa and providing technical backstopping to IEC projects in Africa, she considered this work one of the highlights of her career. After a leave of absence for about 2 years with UNFPA /FAO programmes, she returned to the ILO’s Employment and Development Department in 1992. Shortly thereafter she took a gamble: early retirement with a huge cut in retirement benefits at the age of 52.

So what do young retirees do with their “free” time? Like many of her colleagues, for a number of years Hélène continued along the familiar path of IEC, focusing increasingly on communications as a consultant. The horizons widened and she turned to films, always on substantive issues. She produced, for example, the ILO film “Tremors” marking the ILO 75th anniversary. And then older stronger sirens called, linked to the arts, building and antiques. Delving into interior design and ecological questions, Hélène embarked on renovating properties with friends. The result was a lovely cottage in the Touraine (complete with a sculpture garden one summer), an unfinished flat and a large apartment in Thoiry. Along the way she pursued her passion for antiques and “brocante”, going to different fairs, setting up stands, buying and selling. Her last brocante was in Ferney Voltaire in October 2021. The arts took on a bigger role year after year. She would not miss the Avignon Theatre Festival, nor would she miss the annual photojournalism exhibit Visa pour l’Image in Perpignan.

While she never lost her interest in development cooperation and the Third World, she became increasingly indignant about the state of the world and the planet. She channeled some of her combative energy into the Cercle Condorcet-Voltaire du Pays de Gex in which she served as Vice-President and played a large role in identifying and inviting speakers on topical and challenging issues of the day. Indignant about social injustices, political oppression, human rights violations, racism, violence against women and environmental destruction, among others, Hélène also became more and more of an activist. She participated in every march and demonstration that her health would allow, and then some.

Leaving behind the status and decorum of an international civil servant, perhaps many retirees become more militant and speak out more freely. I am not sure this was a rationale for Hélène. But her acts spoke for themselves. It came as no surprise that her final message was “toujours à la recherché d’un monde meilleur”. And it should come as no surprise that she left the bulk of her wealth to a number of human rights, refugee and women’s and feminist organisations.

Sally Christine Cornwell
October 2022


ILO access for retirees – badges

Category : Archives

Message received from the INTSERV Secretariat:

Dear Retired Colleagues,

Following the announcement made by the DDG/MR through broadcast dated 15 September 2022 (document attached) the ILO Building is once again open for entry to ILO retirees,
To be able to access the ILO, retired officials must update their access badge.
To do so, it will be necessary to go to the Accreditation office to activate the access rights of their respective badges.
Accreditation office’s opening hours: 9:00 a.m. – 11:30 a.m. / 1:30 p.m. – 4:00 p.m.
Localization: Parking P1, R2-North.

Thank you in advance for your cooperation.

Best regards.
INTSERV secretariat.



Pension Fund

Category : Message69

1 July 2022

Pedro Guazo is the Representative of the Secretary-General for the investments of the UNJSPF assets.

Dear participants, dear retirees and dear beneficiaries,

As confirmed by the last actuarial valuation, our Pension Fund is in a strong financial position and fully funded, even under the difficult global financial circumstances we are all facing. At the Office of Investment Management (OIM), we are ever mindful of our responsibilities not only as employees of the Fund, but also as participants and future retirees. Please be assured that the interests of the Fund are of paramount consideration in every decision we take.

Our Fund operates according to these three important values stemming from the values and principles of the United Nations:

1) we embrace our fiduciary duty to protect the assets of our Fund;

2) we are open and transparent and will always share information in a truthful way;

3) we are accountable to all our stakeholders, and we value productive and respectful dialogue.

As such, in keeping with our continuous commitment to transparency, we want to update you on the status of the plan to migrate – safely and effectively – the fixed income portfolio to the new asset allocation and benchmarks by September 2022, as endorsed by the Fund’s governing bodies in 2021.

Given the recent positive trend in the performance of two sub-asset classes of the fixed income portfolio, US Treasuries and Mortgage-Backed Securities, OIM Fixed Income team will continue to manage 100 per cent of these two portfolios internally, compared to the previous plan to manage 50 per cent internally and 50 per cent externally.

Regarding the fixed income credit portfolio, the team will temporarily manage between 15 per cent and 20 per cent of this portfolio internally, and between 80 per cent and 85 per cent externally. This is a shift from the previous plan to temporarily manage the credit portfolio 100 per cent externally. Overall, the total part of the fixed income portfolio that will be temporarily managed externally will represent between 5 to 7 per cent of the Fund’s total assets, compared to 18 per cent under the previous plan.

As we have previously stated, these are short-term tactical decisions that will provide additional support in the management of certain portfolios to bridge capacity gaps inside the Office of Investment Management and ensure the safe and efficient management of the portfolios. Our Pension Fund has done this several times over its many years of successful operations without any issues in portfolios such as small capitalization public equities and even fixed income.  As such, it is foreseen that once the Fixed Income team reaches full capacity, including the recruitment of additional investment officers with the necessary expertise, the credit portfolio will be entirely managed on an internal basis. The OIM Fixed Income team will reassess this whole approach by 31 March 2023.

We are committed to the principle of managing the maximum percentage of our portfolios internally, since it is the most cost-effective approach.  However, we must also continually seek to mitigate risks in the management of those portfolios.

We are aware of the cost-benefit analysis undertaken by a group concerned about the plan to use external managers on a temporary basis for a part of the fixed income portfolio. We have reviewed the analysis and find it to be static and partial, without consideration of implementation risks or the current capabilities of the team, even suggesting that we tolerate underperformance for certain portfolios.

For those who wish to better understand what the fixed income portfolio is and the factors that the experts consider in its management, we once again invite you to follow the sessions being conducted by Mr. Tomasz Wojciechowski, Head of OIM Fixed Income team. You can find the recordings of the first five of the eight sessions and the meeting links to follow the forthcoming sessions on our website here. The remaining sessions will take place every Tuesday at 10:00 a.m. New York time in the next three weeks.

Let me reiterate that the use of external managers is a short-term tactical approach to support the OIM teams with the capacity to manage specific portfolios or sub-portfolios. There is no strategy nor plan to completely outsource the management of the Fund’s assets. We are committed to continuing to manage the Fund’s portfolios safely and efficiently as ever. We hope that such assurances will provide peace of mind regarding the financial health of your pension.



Programme guidance letter from the Director-General-elect – 8 July 2022

Category : Archives

The newly elected Director General addressed to the staff on July 8, 2022 a letter of orientation for the Program and Budget for 2024-25.

Download the PDF file :
Programme guidance letter from the Director-General-elect Geneva – 8 July 2022


Report on the 80th General Assembly of AAFI-AFICS

Category : Message69

(Association des anciens fonctionnaires internationaux/Association of Former International Civil Servants)

On Tuesday 21 June 2022, after a three-year hiatus, AAFI-AFICS held its 80th General Assembly at the Geneva International Conference Centre (CICG).

The Former Officials Section is a member of the AAFI-AFICS Committee through its status as a “sister association”.

Participation in AAFI-AFICS meetings is of interest for several reasons. It allows us to keep in touch with the associations of former officials of other international organizations in Geneva, keep ourselves informed about their activities and familiarize ourselves with the role of the umbrella organization, FAFICS (Federation of Associations of Former International Civil Servants).

Focusing on the activity report, without going into every agenda item, we should highlight an interesting presentation (especially as a comparison with our own SHIF) on the functioning of the health fund of UN Geneva, UNSMIS (United Nations Staff Mutual Insurance Society). After many years of struggle, AAFI-AFICS succeeded in getting the Executive Committee of this fund to agree that a representative of retired members, who previously had the status of observer, could now sit with full voting rights. This is clear progress, but as if to show that nothing is perfect in the best of all possible worlds, the member in question is chosen by co-option, unlike in the SHIF, where for many years there have been six members, either active or retired, who are ELECTED. We also learned that after a few years as members of the Cigna private fund – whose reputation needs no comment from us – insured staff at the ITU (having quit the SHIF a decade or so ago) noticed the exponential growth in their insurance premiums and the limits on the benefits received and decided to join the rather more solidarity-based and mutual UNSMIS fund. This is good news and brings things full circle.

At this session, in addition to the regular agenda items, participants were able to attend a presentation by representatives of the UNJSPF. An update was provided on the progress of computerization and facial recognition enabling the annual DCE (Digital Certificate of Entitlement) to be introduced alongside the existing system of submission by post or via the internet (Member Self-Service). The DCE app has so far been downloaded by about 11,000 retired staff out of a total of 60,000. To facilitate access, measures to simplify the process are under way: step-by-step videos are available in English and French on the UNJSPF website. For those who do not like the automated approach, the original paper-based system is still available.

Another point of clarification, intended to be reassuring, was also offered by the UNJSPF representatives concerning the controversy last spring (2022) over the possible outsourcing of part of the investment portfolio and the petition circulated against it. This is a thorny issue on which not all current or former staff associations and unions necessarily agree with their elected representatives on the Joint Staff Pension Board: some justify the need for external expertise lacking within the Fund, while others warn of the risk of opaque investments attracting the voracious wolves of finance. As for the Board itself, following its recent reform, it met for the first time in April 2022 and will have its plenary meeting, as usual, this summer. We will follow its developments and decisions closely.

Aperitifs in hand, the meeting ended on a festive and musical note, much appreciated by participants starved of opportunities to get together for the past three years.

Catherine Comte Tiberghien, 28 June 2022