Strong turnout at staff townhall on pensions

Two hundred staff turned out for the staff townhall on pensions, organized by the Council on 5 May.

It began with a presentation by the Geneva pension fund office informing on the state of the fund, which is healthy, and the implications of a declining dollar. However, it was noted that there is a cost of living adjustment to partly compensate this change.

Questions from staff centred mainly on the impact of currency fluctuations. The Council will see how this can be raised at the upcoming annual meeting of the pension fund.

The presentation can be accessed here.