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“Chapters” are groups of retirees, all members of the Retirees’ Association and residing in member countries, who have chosen to become organized at a local level for the purpose of contributing to the objectives of the Association. As such, they provide the appropriate venue for the presentation of their opinions to the Board of Directors of the Retirees’ Association in Washington DC, but their main function is to be the spokesperson before the Board by relating the problems that affect the retirees of that country.

 

There are currently Twelve Chapters, located in Argentina, Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Paraguay, Peru, Uruguay, and USA (Florida).

 

To form a “Chapter” at a local level, there must be at least five retirees residing in the country where the Chapter is to be established, who are interested in forming such Chapter. The Chapter will elect a Board of Directors to serve for two years, with a President, a Vice-President, and a Secretary/Treasurer in charge of organizing meetings and other activities of general interest .

 

Each Chapter has a revolving fund in US dollars. The Retirees Association covers Chapters’ expenses up to the equivalent of half of the contribution from international members residing in that country. Nevertheless, on special occasions, the Board of Directors at Headquarters can authorize a larger contribution. Generally, the Bank’s local Country Office also collaborates with the Chapters by providing conference rooms and other services such as computers, telephone, etc.