Dear Members,
As many of you may have seen, some individuals
have recently circulated a petition regarding Pension Fund investments.
FFOA believes that it is an unnecessary alarm.
The Investment Section is short a couple of staff, so they are farming out for a short time a small amount, all
approved in accordance with proper procedures, which brought us an 11.1% return on investments last year.
Attached are key messages which explain the situation.
Best regards,
FFOA Secretariat