We look forward to increased activity from CURAC and invite you to submit any requests or suggestions to us or directly to CURAC as noted in their web pages. The meeting next year is scheduled for Winnipeg again preceding the Learneds Assembly.

PENSION ISSUES

The latest information is that a projected deficit of -5% on the annual performance will be realized by the end of this quarter (June 30). This includes a +1% annual performance - 6% required in the formula. The months of May-June were up about 20% which saved us from a more extreme deficit. We continue to press for accurate and timely valuations. The WUFA pension and benefit committee continues to meet on a regular basis with requested cooperation of HR. As with many pension plans, our plan experienced an underfunding due to the last few years of volatility and market declines. This has been rectified by the University.

HEALTH BENEFITS

Recent settlements at York and Toronto indicate that they have experienced an increase in benefits for retirees. We continue to monitor improvements. If any of our members or readers have discovered relevant information from other institutions, please do inform me. Our HR department is investigating several avenues for potential efficiencies. Many insurance companies are now offering "Critical Illness" insurance with premiums conditional upon age and one's health condition. CARP is one of the more aggressive and interesting plans.

Benefit Claims and Payments

If you occasionally experience difficulty in claiming costs, refusals have occurred, or certain drugs can be adjusted do not hesitate to inquire from your doctor, dentist, pharmacy, carrier, or other service providers that you are getting the best price for the product/service and that your claims are duly honored or clarified.

Trust Fund

is still undergoing development plans though we are somewhat encouraged that a $ are in a separate account with accrued interested. All parties are concerned that a mechanism will be approved that will not incur taxation on allocations.

Address Changes

Peter Sonnenfeld - # 305 -280 Simcoe Street

Toronto, Ontario, M5T 2Y5 Tel: 416 - 598 - 0469

Samuel Stollman - P.O. Box 7598, 91074 Rehavia,

Jerusalem, Israel

New Members of WURA

Jens Hanson - 243 Esdras Place, Windsor, Ontario

N8S 2M4 Tel: 519 - 948 - 4663

jhanson@uwindsor.ca

Ljubo D. Majhanovich - 98 Rollingwood Circle, London

Ontario M6G 1P7 Tel: 519 - 473 - 3977

majhano@uwindsor.ca

Alfie Morgan - 5888 Huron Church Line, RR # 3

LaSalle, Ontario N9A 6Z6, Tel:519 - 966 - 4391

amorgan@uwindsor.ca

Donovan D. Thomas - 1140 Crestwood Ct, Windsor, Ontario, N9E 4K2, Tel: 519 - 966 - 1449

dthomas@uwindsor.ca

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MEMBERSHIP FEES DUE

For October 2002 - September 2003

Please forward your cheques - $ 20

to the attention of the Treasurer,

Retirees' Association

c/o University of Windsor Post Office

For Additional Information

Please Call the Secretary, Jane Black at 519-973-5920

or send an email - jblack@uwindsor.ca

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Edwin Habib, Kumar Chatterjee

and Phyllis Nolan

Honored

Former Presidents of WURA, Drs. Edwin Habib(1995-97) and Kumar Chatterjee (1997-98) and Former Treasurer) Professor Phyllis Nolan (1998-2002) were honored for their dedicated service to WURA at the Annual Retirees and Reunion Dinner, on April 11, 2003 at the Ambassador Auditorium. The event was a great success with over 300 people attending the dinner.

The three WURA members were each given a Certificate of Appreciation and a Gift.