SIMON FRASER UNIVERSITY RETIREES ASSOCIATION ANNUAL MEETING REPORT … · ANNUAL GENERAL MEETING -...

SimonFraserUniversityRetireesAssociation 1

SIMONFRASERUNIVERSITYRETIREESASSOCIATION

ANNUALMEETINGREPORTTOMEMBERS–MAY15,2019

PURPOSEOFTHESFURA

InsupportoftheenhancementofinterestintheUniversityandeachother,thepurposesoftheAssociationare:toprovidealinkbetweenretiredemployees,theUniversityandeachother;toprovidetheopportunityforthesocialinteractionofitsmembers;toactasaforumfordiscussionabouttheUniversityandeducationgenerally,andtopromoteandfurtherhighereducation;tosupporttheUniversityinthelargercommunity;toencouragememberstodonatetheirtimeandresourcestoappropriateUniversityactivities;toencouragetheUniversityanditsvariousemployeegroupstotakeintoaccountrequirementsofitsretireesandtofacilitateinteractionwithotherretiree/seniorsorganizations.

SFURACONSTITUTION_________________________________________________________________________________


ANNUALGENERALMEETING-WEDNESDAYMAY15,2019BurnabyMunicipalGolfCourseRestaurant

7600HalifaxSt.Burnaby

ANNUALREPORTSTOTHESFURAMEMBERS

1. REPORTOFTHEPRESIDENT P.3

2. REPORTOFTHEVICE-PRESIDENT P.4

3. REPORTOFTHETREASURER P.5

4. REPORTOFTHESECRETARY P.9

5. REPORTOFTHEPASTPRESIDENT p.10

6. NEWSLETTEREDITORREPORT P.11

7. ADMINISTRATIVEASSISTANTREPORT P.12

8. ADVISORCOMMITTEESANDSTAFFREPORTS: P.14

Ø SpeakersProgramSeminars P.14

Ø FinancialInterestGroupSeminars P.15

Ø ArchivesandOralHistoryDVD’s P.16

Ø SFUTeamKiva2019AnnualReport P.18

9. APPENDIX

SFURA50THAnniversaryEndowmentandScholarshipReport P.19

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EXECUTIVE BOARD DIRECTOR REPORTS __________________________________________________________________________________

PRESIDENT’SREPORT FrancesAtkinsonOnceagainithasbeenmypleasuretoserveasthePresidentoftheSFURetireesAssociationforthepastyear.Ourgoalsovertheyearhavebeentoprovidearangeofsocialopportunitiesforinteractionandcommunitybuildingamongfellowretirees,tokeepretireesinformedofkeytopics,andtoliaisewiththeuniversityonbehalfofretirees’concerns.

KeysocialeventsthisyearincludedtheannualSeptemberWelcomeBackLunchatTavernaGrekainNewWestminster,theFallDinnerattheItalianCulturalCentreinVancouver,aninformallunchinJanuaryatTheAdmiralinBurnaby,theIdesofMarchReceptionatSFUHarbourCentre,andtheAGMdinnerattheBurnabyMountainClubhouseRestaurant.TheBoardcontinuestoexploreusingavarietyofvenuesforoureventsandwerepleasedtoseeagoodmixofregularandnewattendeesatthisyear’sevents.

Ahighlightofthispastyearwascelebrationofthe20thanniversaryoftheformationoftheSFURetireesAssociation.Adedicatedteamofpeopleproducedanattractiveandcomprehensiveanniversarybookletforthisoccasion.EvelynPalmerplayedakeyleadershiproleindeterminingscope,content,timelines,andfindingmanycontributors,whilePercillaGroves(editor)andWalterPiovesan(layoutanddesign)didoutstandingjobs,asdidthemanycontributorswhosenamescanbefoundinthebookletavailablefromtheSFURAOffice.The20thanniversarywascelebratedattheFallDinner,duringwhichallformerBoardmemberswerehonoured.

AnotherhighlightthisyearwastheBoard’sdecisiontoproduceandperformanadaptedsegmentfromShakespeare'splayJuliusCaesarattheannualIdesofMarchReception,featuringMauriceGibbonsaswriteranddirectorparexcellence,AllenSeageras“BigJulie”facinghisbloodyendwithpanacheandconviction,andotherboardmembersartfullydeliveringtheirlines,allarrayedinRomantogas.PerhapsthemostnotableaspectofthisendeavourwasthatyourBoardprovedwearequitepreparedtomakefoolsofourselves!AttheIdesofMarchReceptionwepresentedourmemberswhoareatleast85yearsofagewithlifetimememberships.Wewerepleasedthatagoodnumberofourelderswereabletoattendinpersontoreceivethishonour.

ThisyeartheBoardofferedanotherinterestingseriesoftalksunderourSpeakersProgram,detailsofwhichareincludedinaseparateAGMreport.Inaddition,theSFURAFinancialInterestGroup(FIG),comprisingPhilipMah,TomO’Shea,andMarvWideen,organizedseminarsalsocoveredinaseparateAGMreport.Wewerepleasedthattwomembers,YasminJamalandTedCohn,organizedverysuccessfulsmallgrouptourstotheIsmailiaCentreinBurnabyandTempleShalominVancouverrespectively.TheBoardexpressesourthankstoallmemberswhoparticipateinorganizingevents.TwotopicstheBoardhearsaboutoftenfrommembersareinadequaciesinourextendedhealthbenefitsplan,andunderstandingtheintricaciesoftravelinsurance.RecentlywecreatedaBenefitsReviewCommitteethatwillsoonbegintoworkoncomparingourbenefitplanswithothersacrossCanada,seekinginputfromavarietyofsources,andcreatingapositionpapertoguidefuturenegotiations.Ifyouhaveskillsorinteresttocontributetothisinitiative,pleaseletmeknow.


RunningtheSFURetireesAssociationinvolvesalotofvolunteerwork.IwouldliketoextendsincerethankstoallBoardmembersandtothemanyothervolunteersforallyoureffortsthisyear.

Finally,IwouldliketoextendheartfeltthankstoouradministrativeassistantAnnieYeforstaffingtheSFURAofficeandundertakingthemanyessentialtasksthatkeepuswellorganized.

ThankyoutoallwhohaveparticipatedinanywaytoensureSFUFAcontinuestobeavitalassetinourlives.

President,SFURA2017-2019 May2,2019__________________________________________________________________________________

VICE-PRESIDENTANDTECHNOLOGYREPORT WalterPiovesan TECHNOLOGYREPORT

DuringthepastyearontheSFURABoardIhavebeenoccupiedwithimprovingcommunications.Myfunctionalresponsibilitiesincludedthefollowingareasofresponsibilities:

InformationTechnology(IT)TheSFURAwebsitecontinuestoundergochanges,theeventscalendarhasbeenupdated.WehaveaddedaNewssectionforannouncingtime-sensitiveitemsofinterest.WehaverevampedtheBooksbyRetireessectionandwenowhaveanimprovedsectionofbookspublishedbyourRetireesandorganizedbyyear.Manychangesandadditionalpagesandsectionshavebeenadded.Thisisongoingasaprocessandsuggestionsforanyimprovementsarewelcomed.

OrganizationalDataBaseRalphKorterlingcontinuestomakeimprovementstoourcentralDataBaseandFileStoragesystemforSFURAactivitiesandmaterials.Thistoolhascreateda“corporaterecord”forourorganization.ThedatabasehasbeenenhancedtoallowastotrackLife-Timemembers,andtobettertrackspecialevents

PayPalPaymentsWecontinuetomakegooduseofPayPalasagatewaytoreceivingpaymentsforSFURAeventsandoutings.AnaddedfeatureisthatwecannowimportPayPaldatabyeventintoourOrganizationalDatabase

Newsletter–SimonSaysIserveastheProductionEditor,designeroftheNewsletter-editedbyourNewsletterEditor,MauriceGibbons.Iamtheliaisonforprintingthenewsletterandothermaterialsasneeded.ForexamplewehaveprintedanewSFURABrochure,whichIupdatedinthespringoflastyear.Iwasinvolvedindesigningthe20thAnniversarybookoftheSFURAwhichwaseditedbyPercillaE.Groves,andacopydepositedwiththeLibraryandArchivesCanada.

TheSFURAbook:“RememberingSFUontheOccasionofIts50thBirthday”.Wehavenowsoldover900booksandgivenawayabout150moretoboththeUniversityandthecontributorstothebook.WehavealsoconvertedtheBooktoanEpubversionforfutureneedsasadigitalbook.April30,2019__________________________________________________________________________________


Treasurer’sSummaryReport JayBurrTheSFURetiresAssociation,with$40,000inliquidassets,continuestobeinverygoodfinancialcondition.

Becausetheliquidassetsattheendofthe2019financialyeardecreasedby$3,500fromthe2018year-endamount,Ihaveinvestigatedpossiblecauses.Adjustingforlateduespaymentsthatfalloutsideeachfiscalyearloweredthedecreaseslightly(Notes3and1).Accountingforthisyear’smuchlowerincomefrombooksalesrevealedanactualunderlying6.4%increaseinliquidassets,independentofbooksales,overFY2018(Note1).Theamountofyearoveryearincreaseinliquidassetshasbecomesmalleroverthelast3years,andwewillcontinuetowatchthis.

Asubstantialpartofourannualincome($10,500)comesfromgrantsfromtheSFUPresident’sandVPFinance’sOffices.Weareveryappreciativeofthesebecausetheyhelpkeepduesandeventchargeslowforthemembership,supportourotherprojectsandhelpwiththesalaryofourpart-timeadministrativeassistant.Also,inFY2019,theVPExternalRelationscontributed$1,000toassistwiththecostofproducingSFURA’s20thAnniversaryBooklet.Thereareindicationsthatthenewbookthatweareworkingoncouldalsoattractadditionalsupportfromtheadministration.

MembershaveenjoyedourcustomarydinnersandreceptionsinFY2019(Note4).Thoughthenumberattendingwasup,ournetcostswerethesameasinFY2108.Otherevents(apartyinJanuary(“Where’sWalter”),aDayattheRaces,asoccergameandabaseballgame)werepaidfordirectlybytheattendees.

May1,2019

“Where’s Walter” game at the Admiral Pub group outing in January of 2019


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SECRETARY’SREPORT VariousBoardMembersDuringthepastfiscalyeartheExecutiveBoardofficiatedat12meetingsforwhichminuteswerekept includingtheMay2018AnnualGeneralMeetingandaMaySpecialMeetingtoelectofficersfromamongthenewly-electedBoardmembers.

Board meetings again were not scheduled for July and August resulting in 10 regular meetings of the Board.Except for theMay2018meeting (BurnabyMountainGolfCourse) and theMarch2019meeting (SFUHarbourCentre),thesemeetingstookplaceattheSFURAofficesinroomAQ3046ofSFU’sBurnabycampus.

Once approved, Boardminutes are retained as part of the permanent records of the SFURA and reside in thedatabaseestablishedbyRalphKortelingwhoremainsacapableanddedicatedresourceforthisundertaking.

ThispositionusuallycontinuestovolunteerasaproofreaderfortheSimonSaysnewsletterandforothereventsasneeded. Thispositionencompassesworkingwithmanyenthusiastic individualscommitted toadvancing thepurposesoftheSFURA.

JeanTrask,NeilAbramson,EvelynPalmer

May6,2019

SFURAExecutiveBoardMembers2017-2018

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PASTPRESIDENT’SREPORT JimBoydWearepleasedSFU’sPresidentAndrewPetterismoreandmoreresponsivetoourorganization’sactivities.Wehaveactivelyworkedatdevelopingthatimportantrelationship.SFUadministration’sfinancialsupportallowsustoemployourpart-timeAdministrativeassistant,AnnieYefor10hoursaweekfor10monthsoftheyear.

Ofcourse,asPastPresidentmymainroleistoassistthePresidentinhermanydutiesandtasks,oneofwhichisthecompilationofthisAnnualConsolidatedAGMReporttothemembersforpresentationonMay15,2019.

FrancesAtkinsonhasbeenexcellentinherroleasPresidentandsheisresponsiblefortheoutstandingrecordofyourretireeassociationinthepast24months.

IhavealsocontinuedtoresearchhowSFURAcanimproveExtendedHealthBenefits(EHB)andTravel insuranceprograms forour retirees. TheUniversity’sprograms forextendedhealth coveragehavebeen subsidizedonagrandfatheredbasisat50%ofthepremiumcostforallretireeswhowereoriginallyemployedpriorto2001.Morerecentemployeeshiredafterthatdatedonotreceiveasubsidyandsincesomearestartingtoretire,yourboardrealizesthattheremaybeaneedforanimprovedbenefitprogramforthemastheyretire.

SFURAhasmaintained itsown supplementaryprogramgroupedwithUBCandU.Victoria for the last20yearscalledMedocprovidedbyJohnsonInc.thatmakesadditionaloralternativecoverageavailabletoallSFUretirees(not just SFURA Members) for travel medical insurance. The College and University Retirees Associations ofCanada (CURAC), the umbrella organization of 39 post secondary retiree associations across Canada hascontractedwith the Retired Teachers ofOntario (RTO) for a programwhich offers a combined EHB and travelmedicalcoverageaswellastripcancellationinsurancecoverages.

AllSFURAmembersandotherSFUretireescanaccessthiscoveragedirectlythroughamembershiparrangementwithRTOand the informationhasbeenmadeavailableonourwebsite. JayBurr, SFURATreasurerandmyselfeachwroteanarticleontravelinsurancethatwaspublishedintheJanuary2019SFURAnewsletter.ThoseeffortswerefollowedupbybothofusbeinginvitedtopresentoureffortstotheApril242019FinancialInterestGroup(FIG)seminarattendedbyalmost50participantsandtheresultingtwoPowerPointpresentationshavenowbeenpostedtotheSFURAwebsiteat:http://www.sfu.ca/retirees/current-year/Travel_Insurance_Extended_Health_Benefits.html

IwillalsobecontinuingonastheCURACTreasurerforanothertwoyearsattheirAGMnextmonthwhichincludesrepresentingSFURAatitsupcomingconferencebeingheldinMayinGuelphOntario.

Last year I hosted the annual Tri-Universities Summit, a sponsored rotational event along with the UBC andVictoriaretireeassociationstosharebestpracticesbetweentheseus. ItwasheldonApril25th2018atourSFUWoskCentreforDialogueandwasaverysuccessfulevent.Astheorganizer/chairofthatmeeting,IinvitedthreeotherlocalpostsecondaryretireeassociationstojoinusasobserversincludingKwantlenPolytechnicUniversity,LangaraCollegeandDouglasCollege.Thisinitiativewaswellreceivedbyall17participants.

ImadetheinitialproposalforyourExecutiveBoardtocreateaspecial20thanniversarybookletin2018,our20thyearasaretireeorganizationalongthelinesofthe10thanniversaryonedonein2008andacommitteewassetupwithEvelynPalmerasthecoordinatorandMarvWideenandmyselfaspartofthatcommittee.

LastlyIampleasedtoreportthattheSFURA50thAnniversaryEndowmentfundsetupin2014hasbecomeverysuccessfulgrowingtheendowmenttoover$51,000toMarch31,2019afterhavingalsodistributedseven$1,000scholarshipstodeservingseniorundergraduatestudentsinthelastfouryears.PleasereviewtheSFUDevelopmentOfficereportattheendofthisdocumentintheAppendix. May6,2019__________________________________________________________________________________


NEWSLETTERREPORT Editor:MauriceGibbonsAssociateEditor:WalterPiovesan

ThenewsletteroftheSFURA,SimonSays,isissuedthreetimesayearandisdesignedtokeepthemembersinformedabouttheactivitiesoftheAssociation,issuesthatconcernretirees,andothertopicsthatmaybeofinterestsuchasmembers’travel,research,andpublicationstheymayhaveproduced.TheNewslettercontinuestothrivebecausesomanypeoplecontributetoit.Ourreportersandcolumnistsareoutstanding

Thepublication isknownforthemanypeople involved inmaking itasuccess. WalterPiovesan istheassociateeditor and does the layout for the newsletter, and Ron Longmanages the photography. Several people writeregularfeaturesandsuchcolumnsasthefollowing:

The president, Francis Atkinson, writes a report about SFURA’s activities for each issue, andMarilyn Bowmanwrites aReflectionscolumn about personal issues related to aging. Evelyn Palmer writes the All About Youcolumnwith news aboutmembers’ travels andother activities. The FIG financial interest group--TomO’Shea,PhillipMah,andMarvWideen--writeaboutfinancialissues.

WewerefortunatetohaveJamesDean,ourprescienteconomist,sendinginhiseconomiccommentsonwhatishappeningaroundtheglobe,fromanywhereonthatglobe,andcommentsonwherehewascurrentlyplayinghissaxophone.Wedeeplyregrethisrecentpassing.

TomO’SheaistheSocialistwritingaboutwhatwecandoforfunandedification,whileParveenBawatellswhatwehadbetterdotohandlethestrugglesofaging,andJimBoydwritesaboutournationalpresenceinCURAC,thenationalbodyofretiredcollegeanduniversityemployees.ThecombinationbookreportsbySandraDjwa,DavidStouck,andJerryZasloveareespeciallystrongintheirreviews.

Currently,weareundertakinganewfeatureinitiative,sponsoringa$250.00prizeforthebestarticlepublishedinanyuniversityretirees’associationnewsletterinCanada.SimonSaysisfortunatethatFredFletcher,chairofthecommunicationcommitteeofCURACwillbeapartnerinthisnewventure.Thefallissuebeginswithaninterviewof SFUPresidentAndrewPetter byMarilyn Bowmanon the occasion of his being appointed amember of theOrderofCanada.Asthisreportmakesclear,theNewsletterbelongstoallofthemembersoftheSFURA.

This newsletter is alsowidely circulated among the other 38members of CURAC and other education-relatedorganizationsaswellasallSFUsenioradministrators,facultyandstaff.IthasgarneredgreatpraiseinthequalityandcontentofitsproductionandisratedtheverybestofanyothernewslettersproducedbytheothermembersofCURAC.Thepublicationhasgrowntoover20pagesinlengthwhichisanamazingincreaseoverthefewpagesoffouryearsago.

MuchofitssuccessisattributedalsotothetechnicalskillsappliedtoitbytheAssociateEditor,WalterPiovesanwhohasjustbeenselectedtoreceiveanationalTributeAwardfromCURAC.TheawardrecognizesWalter’sworkwithournewslettereditoronthelayoutandimagesofournewsletters.ThroughWalter’seffortswehaveaddedover20yearsofnewsletterstothewebsite.Seehttp://www.sfu.ca/retirees/newsletters.html.

Morerecently,Walterlookedafterthelayoutandpublishingofa50pagebookletforSFURA’s20thanniversarycelebration. WalteralsocontributedhisskillstotheCURACCommunicationsCommitteetohelpimprovetheirnewsletterlayout,andproposednewdesignsfortheCURAClogo,oneofwhichwasadoptedandinstalledontheirwebsite. May6,2019


ADMINISTRATIVEASSISTANTREPORT AnnieYeIhavepreparedthisreporttosummarizethetasksthatIhaveaccomplishedinthepastyear.1)MembershipProcedure:

The membership procedure represents a large portion of the Administrative Assistant’s work during themembershiprenewtime(February,MarchandApril).Themaintasksinclude:i)Collectingmembershipfees,withmostpaidbycheques,somepaidbycashwithareceiptisissuedforcashpayments.Recordingeachtransactionfortreasurer’sreference,ii)Recordeachmemberandcheckthemember’spersonalinformationonourDatabase;andiii)Prepareandsendoutthemembershipcards.Whenanewmembersignsup,werecordtheinformation,sendoffaNewMemberWelcomeemailandaddthemtoourtwoemailgroups,thenpreparetheMembershipCardandsenditoff.

The following isa reporton themembership status: Wehave331members inourAssociation in2018whichincluded284renewalmembers,4lifemembersand43neworrejoinedmembers.However,forsomereason,45membersdidn’trenewtheirmembership.Wehave260currentmembersasatApril30fora2019membershiptotal including34lifetimemembers(wehavedroppedthelifetimemembers’agerequirementsto85)whowillbe renewed automatically every year. The 2019 membership renewal procedure is continuing, and the finalnumberofrenewalsandnewmembersisexpectedtogoup.

2)SocialEvents:

Themainpurposeistoinitiateandorganizevariousspecialevents,generallyfourorfiveperyear,thatfostersocialinteractionsandconnectionsamongretirees.

Wehaveheldfourregularsocialeventsinthepastyear:i)IdesofMarch,ii)AGMwithdinner,iii)WelcomeBackLuncheon,andiv)FallDinner.Ihavebeeninvolvedinallfourevents,bycollectingmoney(chequesorcash),recordingtheregistrants,preparingtheattendees’nametagsandattendingtheevents.Forthemembers’convenience,weacceptedthepaymentonsite,whichrepresentedabigchallengeforme.

Specifictasksvarywitheachmajoreventandincludeensuringalldetailssuchasthevenue,cateringservices,specialguestsandequipmenthavebeenarranged.EacheventisfullypromotedwithwellpublicizedannouncementswithpersonalinvitationssenttothemembershipaswellasbeingpostedonSFURA’swebsite.SuggestionsareobtainedfromretireesandSFURA’sBoardofDirectorstoidentifyopportunitiesaroundwhichothermajorsocialactivitiesoreventscanbeprovidedInthefuture.Throughouttheyear,SFUretireesalsoparticipateinawidevarietyofothersocialactivitiessponsoredbySFURA.ThefollowingmajoreventswereorganizedanddeliveredduringtheyearwithclericalandtechnicalassistanceprovidedbyothermembersontheBoard:

Event Attendees Members Guests

AGMandDinner 69 47 22

WelcomeBackLuncheon 57 41 16

FallDinner 78 50 28

IdesofMarch 72 56 16


3) Banking: This part of my tasks consists of collecting cheques or cash, recording each transaction, anddepositingmoney into theSFURAbankaccount.A receipt is issued for cashpayments. IhavepreparedabankdepositrecordfortheTreasurer’sreferenceeverymonth.4)UpdatingandMaintaining theDatabase:The SFURAdatabasewas created by Ralph Korteling. He hasdonearemarkablejobinhelpingusbecomemoreefficientinthisdigitalworld.SFURAusesthisdatabasetokeeparecordoftheSFURAevents.Mymaintaskistoinputtheinformationintothedatabaseandupdateitasneeded.5)BookSales:Twocopiesofourlegacybook“RememberingSFUontheOccasionofIts50thBirthday”havebeendistributedassaleorascomplimentarysincethelastAGMfromtheoffice.TheSFUBookstorehasadded40ofourbookstotheirstockrecently.Thereare356copiesinstockattheofficeasofApril30,2019.6) Managing the SFURA Office and Assisting the President and the Board: I have assumed theresponsibility of attending/managing the SFURA Office in AQ 3048 during my office hours on Tuesdays andThursdaysfrom9:00amto2:00pm.IhavetakenpartinthemonthlyExecutiveBoardmeetingbypreparingthemeetingdocumentsandpresentingareporttotheBoardmeetingasrequestedbytheSFURAPresident.IwouldliketothankalltheBoardmembersandmanySFURAmembersforyourconfidenceinmeandforyourstrongsupportofmywork.Lookingforward,IammorethanenthusiastictocontinuetoassumethevarioustasksoftheSFURAAdministrativeAssistantandtohelptheBoardandtheAssociationtothebestofmycapability. Ifyouhaveanyquestionsand/orcomments,pleasefeelfreetocontactmeat<[email protected]>.

May2,2019

Caesar succumbs at the SFURA Ides of March event on March 14, 2019


ADVISORCOMMITTEESANDSTAFFREPORTS________________________________________________________________________________2018-2019AGMReportforSpeakersSeries ApolloniaCifarelliPresentationsarefreeandopentoallmembersofSFUandthepublic.TheyareusuallyheldinHalpernCentreRoom114at11:30amonTuesdayswithatalkofapproximately50minutes,plusashortquestionperiod.Membersoftheaudienceareinvitedtojointhespeakerandexecutiveboardforlunchfollowingthetalk.

Forthefallof2018andSpringof2019atotalof6presentationswereorganized.Generally,agroupof20to30attended.FiveoftheeventswereattheBurnabycampusandoneatHarbourCentre.ThreepresenterswereSFUretirees,twowerecommunityexpertsandonewasanSFUfaculty.

GivenaricherprogramofeventsbeingofferedbySFURA,attendanceatthesepresentationshasfallen.ForFall2019andSpring2020presentationswillbereducedtoonepersemester.

Fall2018-threepresentationsattheBurnabyCampusSeptember18,2018TheB.C.ReferendumonProportionalRepresentationbyDaveHuntleyThesystemwehaveusedbothforprovincialandfederalelections(withoccasionalexceptions)wasinheritedfromBritain.TheonlycountriesthatuseitareremnantsoftheBritishEmpire.Thereareothersystems.Dotheyresultinbettersocietieandwhatdoesbettermean?Thatiswhatthereferendumisabout.

October16,2018TheAmazinggameparksofNamibiaandBotswanaandmorebyRonLongThistalkincludedpointsofnaturalandhumanhistoryinterestthroughoutNamibia,includingthehighestsanddunesintheworldandtheghosttownofKolman'sKop.

November20,2018OurLadyoftheSnows:RudyardKipling’sImperialistVisionofCanadabyJackLittleRudyardKipling’stravelnarrativesandhispersonalcorrespondencedescribetheCanadianlandscapeandpeopleasrecordedduringhisthreecross-countryjourneys.HisvisionofthewesternprovincesasanoutletforBritishemigration,andtheroleheplayedinencouragingCanada’sparticipationinBritain’swars.

Spring2019-onepresentationatHarbourCentreandtwoattheBurnabyCampusJanuary15,2019-HarbourCenterPoliticalsatireintheFrenchRevolution:anillustratedtalkbySheilaDelanyThetalkcenteredontheworkofSylvainMaréchal(1750-1803),aprolificwriterinseveralgenres;andforitsillustrationsonoftenobscenecartoonsandillustrationswidelycirculatedduringtherevolutionaryperiod.

February13,2019SFUastronomyoutreach:FromcampustocommunitybyDr.HowardTrottierDr.TrottiergaveavirtualtouroftheObservatoryfacility,andtheamazingpublicoutreachworkbeingdonebySFUstudents,staff,andfaculty,incooperationwithlocalamateurastronomers.

March18,2019GlobalWarmingandClimateChangebyStanRidleyAReviewofourworld’sPowerandEnergyusehistorythroughtheages.Reviewofthepresentalternatives,challenges,andpossibleapproachestofinding‘breakthroughs.__________________________________________________________________________


FINANCIALINTERESTGROUPSEMINARSREPORTMarvinWideen,TomO’Shea,andPhilMah

ThispastyeartheFinancialInterestGrouporganizedtwoseminarscoveringthetopicsofestateplanningandmedical/travelinsurance

September,2018

TaxinLifeandDeath–KeepingtaxesawayfromyoursavingsandpassingonwealththroughEstatePlanning.PresentedbyAhsenAnsari,InvestmentAdvisor(RBCDominionSecurities);ChristineLowe,Lawyer(RichardBuellSuttonLLP);andHussainHaji,SeniorManager(RiseCPA).ThisseminarwasamodifiedrepeatofaseminaroriginallypresentedinNovember2017.Anumberofretireescouldnotattendthatsessionduetolackofseatingcapacity.Approximately20retireesandpre-retireesattendedthis2018session.AlightlunchandbeverageswereprovidedcourtesyofRBCDominionSecurities.AfterthespeakerscompletedtheirpresentationstheQ&Asessionwasfilledwithmanyrelevantquestionsandresourcefulanswers.PowerPointpresentationsbythethreespeakershavebeenmountedontheSFURAwebsite.

InJanuary,theFIGcommitteesentoutarequesttoSFURAmembersforsuggestionsregardingfutureseminars.Wereceivedfiveresponses,severalofwhichcommentedthatweshouldreducethenumberof“commercial”presentations.Asaresult,wedeterminedtodrawonourownmembershipand,asluckwouldhaveit,ourSpringnewslettercontainedtwoexcellentarticlesonhealthandtravelinsurancebyJimBoydandJayBurr.Weprevailedonthemandtheypresentedthefollowingseminar:

April,2019.

TravelInsuranceandExtendedHealthBenefits:BlueCross,Medoc-Johnson,andothersandanattractivenewoption,offeredbytheRetiredTeachersofOntario,forSFUretireeswhoaremembersoftheSFURAthroughitsmembershipinCURAC.PresentationslidesbyJayBurr(SFURATreasurer)andJimBoyd(SFURAPast-President).ThiswasatopiconwhichtheSFURAexecutivehasreceivedmanyrequestsforinformationinthepast.Weweredelightedbytheresponse.JimandJayspoketoanoverflowcrowdof50attendees,describingvariousplansandrespondingtoquestions.Bothstressedtheimportanceofreadingcarefullythedetailsoftheinsurancepoliciesbeforebuying.ThearticlesinSFURA’sSpringNewslettercanbeaccessedonlineat:http://www.sfu.ca/content/dam/sfu/retirees/Newsletters/2019/2019_Spring_Newsletter.pdf.Thepresenters’verydetailedpowerpointpresentationsarealsoavailableontheSFURAwebsiteat:http://www.sfu.ca/retirees/current-year/Travel_Insurance_Extended_Health_Benefits.html

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ARCHIVES/ORALHISORYDVDREPORTS EvelynPalmer2019AGMReport

TheSFURAArchivesarehoused in theSFURAOfficeSuite inAQ3048. Items includethedocuments registeringSFURA under the Societies Act, financial reports, lists of social events, information from other RetirementAssociations, minutes of Annual General Meetings, minutes of Executive Board meetings, old and currentnewsletters,brochuresandphotographalbumsofSocialEvents.

WealsohavecopiesofourOralHistoryDVD'sanddetailsoftheirproduction,andotherdocumentsrelatedtothehistoryofSFUandtheSFURA.TheHumanResourcesDepartmentpublishedbookletshonouringnewretireeseachyearforseveralyears.Thesebookletsarealsointhefiles.

Ongoing activity includes sorting and classifyingmaterial in the files and adding recent Newsletters and otherdocumentsofinteresttothefiles.

TheExecutiveBoardissettingupadatabasetoincludemostofthedocumentswhichwerepreviouslyonpaper;membership lists,minutesofAGMandBoardmeetings, policy andproceduredescriptions, and SFURAevents.The Newsletters from 1998 to the present were scanned in the SFU Library Digital Office. The PDF's will bearchivedintheInstitutionalRepository,SFUSummit.Theissuesfrom1998-2011havebeenaddedtotheSFURAwebsite, completing 21 years of newsletters from Issues from 1998- 2019. Our website is at:http://www.sfu.ca/retirees/newsletters.html

SFURAOralHistoryProject

TheSFURAproducedsevenOralHistoryDVD’sintheperiod2005-2013.

DescriptionsoftheOralHistoryProjectcanbefoundontheSFURAwebpageundertheColumn“AboutUs”,athttp://www.sfu.ca/retirees/about-us/dvd-oral-histories-of-sfu.html All seven can be viewed on the SFURAwebsiteandallsevenareavailableonlinethroughSummit, theLibrary’selectronicarchive.Thefirst fourDVD’sarealsoofferedforsaleandcanbeorderedthroughtheSFURAwebsite.

ThetitlesofthesevenDVD’sare;1)TheExcitementoftheEarlyYears(2005)

2)TheInstantUniversity(2006)

3)ThelmaFinlayson:AConversationwithJohnWebster(2007)

4)AConversationwithEricksonandMassey,SFUArchitects(2006),ThisisalsoonYouTubethroughtheSFUwebsite:http://www.sfu.ca/sfunews/news/story_05210901.shtml5)SFU:TheYearsofTurbulence(2012)

6)CreatingSFU:AnInsideStorybyRonBaker(2013)

7)SFUAthletics-theEarlyYears:BlightorBlessing?

SFURA20thAnniversaryBooklet

TheSFURAproducedabookletforour20thanniversaryin2019.Thebookletwascompleted,printed,andreadyfor distribution at the Fall DinnerNovember 7. PercillaGroves did amasterful job of editing andWalter did aspectacularjoboflayoutandproduction.


Thebookletis52pagesincludingthecover.WalterarrangedanSFUISBNnumberfromtheSFULibraryforprintandelectronicformats.TheISBNis978-1-77287-052-7(softcover)andtheISBNis978-1-77287-053-4(PDF)ThepublisherwasMinutemanpress.Printingcostswereabout$1,200.00. JoanneCurry,SFUVP,ExternalRelationshasgivenus$1,000.00tohelpwithprintingcosts.

TwocopieshavegonetoLibraryArchivesCanadaalongwithanattachedPDFform.TwocopieshavegonetotheSFUlibrary.APDFcopyandtheePubversionhavegonetoSummit,theSFUResearchRepository.TheillustratorofthecoverisJoanneHastie.

Copiesofthebookletweredistributedtoallmembersattendingthedinner,andarealsoavailablefromAnnieattheSFURAoffice.

OurwebsiteincludesthePDFversionandadditionalphotoswhichwerenotpublishedinthebooklet.Itisavailableonourwebsiteat:https://www.sfu.ca/retirees/history/20thAnniversary.html

We are grateful for thehelp and submissions fromall contributors of stories, boardmembers, photographers,proofreaders,andotherswhoassistedwiththebooklet.ThecommitteewascomposedofEvelynPalmer(Chair),PercillaGroves(Editor),WalterPiovesan(LayoutandPrinting),FrancesAtkinson,JimBoyd,RonLong,JeanTraskandMarvWideen._________________________________________________________________________________

Illustration“ConvocationMall”byJoanneHastie


SFUTeamKiva2019AnnualReport DanMcDonaldOurSFUTeamKivaactivelypracticestheSFUmottoof“EngagingtheWorld”.Wearemakingmicroloansatapaceofabout$50,000peryear.

Foreachofthelast4monthsourpacehasplacedusinthetop10universityteamsformonthlylendingandinAprilwemanagedtooutpaceStanfordandU.Waterloo.Allofthisbringsournamebeforemanyofthe7,645micro-lendingorganizationsinthedevelopingworldreceivingfreecapitalthroughtheKivalendingplatform.

Whilethebitofcompetitionisfun,theseriousaspectisthatwearegivingahanduptoindividualsandgroupsindevelopingcountrieswhoaspiretoabetterlifethroughtheirfarmingorsmallbusinessenterprises.Theloanswemakegetrepaidandthefundsareloanedoutagain.Callitforeignaidbeingrecycled.

Wenowhave4teamcaptainsandarewellrepresentedbystudents,alumni,andretirees.

Weaspiretoincreaseour“EngagingtheWorld”andhereiswhatweneed.1.Moremembers.Joinourstalwartteamof171athttps://www.kiva.org/team/sfu.Inviteothers.Weareateamthatisopentoall.2.PresentlytheonlySFUlistservwecanposttoisthatoftheSFURA.IfyoucancopyandpostourmonthlyprogressreporttootherSFUlistservsthenpleasedoso.

WithsadnessweacknowledgethepassingofJamesDeanwhowasamemberoftheteam.

IamavailablebyphoneoremailtoanswerquestionsorassistwiththeKivasite.DanMcDonald604.433.5776dmcdonal@sfu.ca

April30,2019

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Appendix-TheSFURA50thAnniversaryScholarship


TheSFURetirees’Association50thAnniversaryEndowment–A2019ReportforDonors

ThankyouforestablishingtheSFURetirees’Association50thAnniversaryEndowmentinsupportofSFU’sbrightestundergraduatestudents.TheSFURetirees’Association50thAnniversaryScholarshipprovidesfinancialstabilitytodeservingstudentswhileencouragingandmotivatingthemtoreachtheirfullpotentialandachievetheiracademicgoals.ThegenerosityoftheSFURetirees’Associationandothermembersofthecampuscommunitymeansomuchtoourstudents.

EndowmentHistory:TheSFURetireesAssociation(SFURA)50thAnniversaryEndowmentwasestablishedatSimonFraserUniversityin2014withgenerousgiftsfromitsmembersandothersthroughthe2014CampusGivingCampaign.FundPurpose:TheendowmentsupportstheSFURetireesAssociation50thAnniversaryScholarship,whichisofferedtooutstandingSFUstudents,withpreferencetoCanadiancitizens.ApartfromtheRetirees’Association,113individualshavecontributedtothisendowment,foragifttotalof$38,732.Since2016,theendowmenthasdisbursedsevenscholarshipsof$1,000each.


SFURetirees’Association50thAnniversaryEndowmentFinancialSummary

April1,2018toMarch31,2019PrincipalBalanceatFiscalYearStart: $47,994.96

NewGiftstoEndowmentPrincipal: $1,332.00

InflationAdjustmentFactor(3.0%CPI): $1,462.98

OptionalRecapitalizationofInterest: $438.30

BalanceatFiscalYearEnd: $51,228.24

Operating

BalanceatFiscalYearStart: $0.00

SpendingIncomeAllocation(5.0%): $2,399.75

YearEndSpendingAdjustment $38.55

TotalDisbursements: ($2,000.00)

OptionalRecapitalizationtoPrincipal: ($438.30)

BalanceatFiscalYearEnd: $0.00

2018/19SFURetirees’Association50thAnniversaryScholarshipDisbursementDetail

StudentRecipient AmountAdamBignell $1,000MattWiens $1,000


Endowment Management Policy Definitions

EndowmentFundAfunddesignatedforthecollectionanduseofeconomicallyvaluableassetsheldinperpetuitytosupportavarietyofactivitiesoftheUniversity.ItisanaggregateofalltheEndowmentPrincipalAccounts.

EndowmentPrincipalAccountThisentityincludestheoriginalcapitalvalueofdonationstoanendowment,withadditionsmadeforinflationAdjustmentFactors(annually),MarketValueincrements(fromtimetotime),andothercapitalizedamounts(asdirected).

EndowmentIncomeAccountThisentityholdstheSpendingIncomeAllocationsforanEndowmentPrincipalAccount.Itincludesunusedspendingincomefromprioryears.

SpendingIncomeAllocationTheSpendingIncomeAllocationisanamountcalculatedannuallybyapplyingtheSpendingIncomeAllocationRatetotheaveragemonthlyEndowmentPrincipalAccountbalanceduringthecurrentfiscalyear.

SpendingIncomeAllocationRateThisrateissetbytheBoardofGovernorsontherecommendationoftheVice-President,Finance&Administrationandisreviewedeverythirdyear.EffectiveApril1,2015,theratewassetat5.0%annually.

InflationAdjustmentFactorAcapitaladditiontoanEndowmentPrincipalAccountcalculatedasthelatestcalendaryearpercentagechangeintheCPIforBCtimestheaverageEndowmentPrincipalAccountbalanceduringthefiscalyear.

TermsofReferenceThemanagementandadministrationproceduresofeachEndowmentPrincipalandIncomeAccountaresetoutinalegallybindingdocumententitledtheTermsofReference.

SIMON FRASER UNIVERSITY RETIREES ASSOCIATION ANNUAL MEETING REPORT … · ANNUAL GENERAL MEETING -...

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