The following message from Denis Fitzmaurice is repeated for your information.

By 1 December 2016, all registered superannuation schemes such as FireSuper must have transferred to the new Financial Markets Conduct Act (FMC Act) regime. The current plan is that FireSuper will transition to the new regime towards the end of September.

Before the transition can occur, a number of changes will need to be made. Some of these, such as changes to FireSuper’s trust deed and other documentation, will be operational and behind the scenes.

More noticeable will be the establishment of a new trustee company in place of the current individual trustees. The current trustees will become director of the trustee company and their responsibilities will remain largely unchanged. The Commission and the Union will each continue to appoint three directors and those six directors will appoint an independent trustee, who will also be the licensed independent trustee, as required by the FMC Act.

Another change is that the scheme’s current investment statement will be replaced by a new product disclosure statement. The FMC Act sets out the information that must be included in the product disclosure statement and limits it to a maximum of 6,000 words or 12 pages.

The FMC Act shortens the timeframes within which FireSuper’s annual review information must be issued. From 2017 onwards, the annual report and financial statements will need to be completed by the end of July and benefit statements issued by the end of June.

 While strengthen the governance and general protection for members, these changes will have no significant impact on members or their benefits.

Absence Management

The Fire Service is in the process of rolling out their Absence Management Policy. The Policy has taken a long time to develop and the absence rates now are far lower than they were when the Policy development commenced.

If anyone experiences any problems or concerns about the implementation of this Policy as it affects them – please immediately document what occurred and forward this to your Local Secretary.

The Union needs to know how, when, were and why problems or concern with the implementation of the Policy is occurring and we need to know ASAP.

If we don’t know, we can’t try to fix things.

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Christchurch Local Committee Officials

Nominations are hereby called from Union Members for Local Committee positions as below.


ELECTRONIC BALLOT FOR TAURANGA AND KAWERAU MEMBERS ONLY

In 2007 the NZPFU and NZFS signed the attached Tauranga Kawerau Amalgamation document grandparenting conditions for those employed in the district and setting out transfers and travel terms and conditions.

In recent years the Tauranga and Kawerau Locals have been meeting with FENZ management to resolve matters affected by the 2007 agreement and the attached 2025 document has been drafted as a result.


TIMARU LOCAL SECRETARY DECLARATION AND CALLING FOR TIMARU LOCAL PRESIDENT NOMINATIONS

At the close of the notified nominations period one nomination for the position of Timaru Local Secretary has been received.

I therefore declare Jeremy Gaskin as Timaru Local Secretary.

As a result there is the Timaru Local President position is now vacant.

Nominations are now called for the position of Timaru Local President.