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1997 Financial Statements

http://archives.anglican.ca/en/permalink/official7215
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 59
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 59
Mover
Canon C. Throp
Seconder
Bishop T. Morgan
Text
That this General Synod approve the 1997 Audited Financial Statements of the General Synod Pension Plan of the Anglican Church of Canada. CARRIED Act 59
Subjects
Pensions - Anglican Church of Canada
Anglican Church of Canada - Finance
Less detail

Amendments to Canons

http://archives.anglican.ca/en/permalink/official137
Date
1995 June 1-9
Source
General Synod. Minutes
Record Type
Act 35
Act 36
Date
1995 June 1-9
Source
General Synod. Minutes
Record Type
Act 35
Act 36
Mover
Bishop R. Townshend
Seconder
Canon C. Throp
Prologue
Moved by The Hon. R. Stevenson, seconded by Archdeacon J. Boyles,
That the Canons be amended by:
a) Canon II - Section 3 - Deleting references to Administration and Finance Committee and replacing with Financial Management and Development Committee.
b) Canon III, Section 13 - Deleting references to Administration and Finance Committee and replacing with Financial Management and Development Committee.
c) deleting the words Administration and Finance Committee wherever they appear in the Canons and substituting the words Financial Management and Development Committee.
d) deleting Section 3e) of Canon VIII and substituting therefor:
"e) The members of the committee may elect one of their number to be vice-chairperson of the committee."
e) deleting the words Committee on Ministry in section 4(a) of Canon XII and substituting the words Pension Committee.
Text
Amendment
That, in reference to item d)e) above, Section 3e) of Canon VIII be printed in the Handbook of the General Synod as follows:
Notwithstanding Section 41k) of the Constitution, at the first meeting, the ex-officio, elected and appointed members may elect one of their number as chairperson and may elect another as vice-chairperson. CARRIED Act 35
The amended motion was then put and CARRIED. Act 36
Subjects
Anglican Church of Canada. General Synod. Constitution
Anglican Church of Canada. General Synod. Constitution. Canon II
Anglican Church of Canada. General Synod. Constitution. Canon III
Anglican Church of Canada. General Synod. Constitution. Canon VIII
Anglican Church of Canada. General Synod. Constitution. Canon XII
Anglican Church of Canada - Committees
Less detail

Amendments to Canon XII, Section 4(b) - Continuing Education Plan

http://archives.anglican.ca/en/permalink/official7208
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 53
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 53
Mover
Canon C. Throp
Seconder
Archdeacon J. Boyles
Text
That Section 4(b) of Canon XII be deleted and the following substituted therefor:
b) The Continuing Education Plan Administrative Unit shall consist of:
i) the staff member responsible for the administration of the plan, hereinafter called the administrator,
ii) the Director of Pensions or the Deputy Director of Pensions, and
iii) five members of the plan appointed by the Pension Committee at its first meeting following each regular session of the General synod and as vacancies occur. CARRIED Act 53
Subjects
Anglican Church of Canada. General Synod. Constitution. Canon XII
Continuing education - Anglican Church of Canada
Less detail

Amendments to Canon XII, Section 6(b) - Continuing Education Plan

http://archives.anglican.ca/en/permalink/official7209
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 54
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 54
Mover
Canon C. Throp
Seconder
Archdeacon J. Boyles
Text
That Section 6(b) of Canon XII be amended by adding the words:
"...or in such other fund as the Pension Committee considers appropriate". CARRIED Act 54
Notes
Section 6(b) now reads:
The Continuing Education Funds shall be invested in the Consolidated Trust Fund of the Anglican Church of Canada or in such other fund as the Pension Committee considers appropriate.
Subjects
Anglican Church of Canada. General Synod. Constitution. Canon XII
Continuing education - Anglican Church of Canada
Less detail

Amendments to Regulation of Canon IX - The Lay Retirement Plan

http://archives.anglican.ca/en/permalink/official7214
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 58
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 58
Mover
Canon C. Throp
Seconder
Bishop T. Morgan
Text
That this General Synod approve the amendments to the Regulations of Canon IX, as approved by the Council of General Synod. CARRIED Act 58
Subjects
Anglican Church of Canada. General Synod. Constitution. Canon IX
Pensions - Anglican Church of Canada
Less detail

Amendments to Regulations of Canon VIII - The General Synod Pension Plan

http://archives.anglican.ca/en/permalink/official7213
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 57
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 57
Mover
Canon C. Throp
Seconder
Bishop T. Morgan
Text
That this General Synod approve the amendments to the Regulations of Canon VIII, as approved by the Council of General Synod. CARRIED Act 57
Subjects
Anglican Church of Canada. General Synod. Constitution. Canon VIII
Pensions - Anglican Church of Canada
Less detail

Amendments to Regulations of Canon XII - Continuing Education Plan

http://archives.anglican.ca/en/permalink/official7210
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 55
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 55
Mover
Canon C. Throp
Seconder
Archdeacon J. Boyles
Text
That this General Synod approve the amendments to the Regulations of Canon XII, as approved by the Council of the General Synod. CARRIED Act 55
Subjects
Anglican Church of Canada. General Synod. Constitution. Canon XII
Continuing education - Anglican Church of Canada
Less detail

Audited Financial Statements of the Pension Fund - 1994

http://archives.anglican.ca/en/permalink/official181
Date
1995 June 1-9
Source
General Synod. Minutes
Record Type
Act 48
Date
1995 June 1-9
Source
General Synod. Minutes
Record Type
Act 48
Mover
Bishop R. Townshend
Seconder
Canon C. Throp
Text
That this General Synod approve the 1994 audited financial statements of The Pension Fund of the Anglican Church of Canada. CARRIED Act 48
Subjects
Pensions - Anglican Church of Canada
Less detail
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 90
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 90
Mover
Canon C. Throp
Seconder
Bishop L. Whitten
Text
That the members of General Synod express deep appreciation and gratitude to all those who were responsible for the local arrangements of this synod and, in particular; to:
- Brian Hammond, Chair of the Local Arrangements Committee
- Cynthia Hawkins, Vice Chair and Secretary
- David Blunt, Treasurer
- Gordon Guy, Transportation
- Gwen Kearns, Registration
- Carolyn Roper, Hospitality
- Joan Shanks, Communications/Media
- Bev Tidman, Companion's Program
- Virginia Hasse, Volunteer Co-ordinator
- Alan Davidson, Events Co-ordinator at McGill University
- All the parishes for their Sunday hospitality
and to those who helped to lift our voices in prayer and praise:
- the Worship Committee and, in particular Elizabeth Hutchinson, Barbara Malloch, Peter Wall, Peter Hannen, Eleanore Frew, Paul Gibson, Gordon Light, Gwenda Wells and Barbara Liotscos
- Patrick Wedd, who taught us the joy of worship, together with the volunteer choir
- Michael Pitts, the members of Christ Church Cathedral, the choirs and all others who were involved in the glorious opening Eucharist for Synod
- the daily meditation and bible study group leaders
- the presiders at the daily Eucharists
- those who upheld the Synod in prayer throughout the session
- the Rector and members of St. John the Evangelist Church for the beautiful liturgy on Wednesday evening
and to those who led us through the wilderness of process:
- members of the Agenda Committee and Chair, Allen Box
- members of the Nominations Committee and Chair, Rodney Andrews
- members of the Resolutions Committee and Chair, David Crawley
- the Secretaries of the Synod
- the Assessors and Chancellor David Wright
- the National Office staff for their behind the scenes support, set-up and contribution to Synod of all the displays
- the Anglican Video crew, directed by Lisa Barry
and to those who enriched our gathering:
- the donation from the Anglican Worship Resources Society for production of the Worship booklets
- the presence of those who brought displays and provided information and resources
- the gift of fans from Integrity
- hospitality services from the wine region of Niagara
- hospitality of the Essentials Group
- the presence of the members of the religious communities and their hospitality
- all our Synod partners
and, finally, for those who made it possible for us to come together to Lift Our Voices:
- Jim Boyles, General Secretary and his staff for the preparation of Synod materials and keeping all things in order
- Jamie Tomlinson, Co-ordinator of General Synod, whose many months of preparation and weeks of final attention to all the details and setting up the synod made it all happen
- Andrew Hutchinson, Bishop of Montreal, for inviting us to this City of Montreal and his generous hospitality; for the excellent dinner and entertainment on Saturday evening, the address to Synod on Nation and Identity and for assembling the members of the panel
- the bishops, clergy, lay and youth members for their patience and good humour in the midst of all the heat of the plenary; lifting their voices in song and debate to make this a rich and memorable synod for us all; and to acknowledge the voluntary contribution of time and talents particularly from those who donated vacation time or who have lost pay to be present
- Rendina Hamilton, Prolocutor, for her expert chairing of the sessions and her wisdom
- Michael Peers, Primate, for his gentle but firm leadership, experience and wisdom, in guiding this Synod and the whole church in the past, present and future, with confidence, hope and vision;
and for the guidance of the Holy Spirit who brought us here and is with us now and always.
CARRIED IN ALL ORDERS Act 90
Notes
Sister Constance Joanna, SSJD, thanked Synod members for adoption of the resolution to permit representatives of the Religious Orders to become members of the Synod, noting that the Orders are blessed to have this partnership with the church.
Subjects
Anglican Church of Canada. General Synod (36th : 2001 : Waterloo, Ont.) - Motion of thanks
Constance Joanna, Sister, S.S.J.D., 1941-
Gefvert, Constance Joanna, 1941-
Monasticism and religious orders, Anglican - Anglican Church of Canada
Anglican Church of Canada. General Synod - Membership
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Revised Canon VIII - The General Synod Pension Plan

http://archives.anglican.ca/en/permalink/official7211
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 56
Date
1998 May 21-29
Source
General Synod. Minutes
Record Type
Act 56
Mover
Canon C. Throp
Seconder
Bishop T. Morgan
Text
That this General Synod repeal Canon VIII, the General Synod Pension Plan, and replace it with the following new Canon VIII, The General Synod Pension and Income Continuance Plans, as approved by the Council of General Synod. CARRIED Act 56
Notes
CANON VIII
THE GENERAL SYNOD PENSION AND INCOME CONTINUANCE PLANS
1. a) This Canon shall be interpreted in its plain and literal sense, provided always that words of an ecclesiastical meaning shall have their proper ecclesiastical meanings; and words of a financial meaning shall be construed in their special context as shall other words having any technical meaning.
b) Without restricting the generality of the foregoing, in this Canon and in all Regulations made thereunder:
i. "Actuary" means a Fellow of the Canadian Institute of Actuaries or a firm employing one or more such persons;
ii. "Administrator" means the Trustees;
iii. "Bishop" means the Bishop of any Diocese of the Anglican Church of Canada and any co-adjutor, suffragan or assistant Bishop;
iv. "Church" means the Anglican Church of Canada or any other body in the Anglican Communion, which by agreement with the Pension Committee has been accepted as a participant in the Plan with respect to pension provision for its clergy and/or lay employees;
v. "Council of General Synod" means the Council of the General Synod;
vi. "Diocese means any Diocese of the Church;
vii. "Director" means the Director of Pensions appointed pursuant to section 6 b) of this Canon;
viii. "Funds" means the Pension Fund and the Long Term Disability Fund;
ix. "General Synod" means the General Synod of the Anglican Church of Canada;
x. "Long Term Disability Fund" means the fund described in Section 2 d) of this Canon;
xi. "Long Term Disability Plan" means the General Synod Long Term Disability Plan as governed aby this Canon and the Long Term Disability Regulations;
xii. "Long Term Disability Regulations" means the Regulations made under section 4 b) of this Canon with respect to the Long Term Disability Plan;
xiii. "Member" means any person who has become a Member of the Plan in accordance with the Regulations and who has an entitlement to, or is in receipt of, a benefit from the Plan;
xiv. "Parish" means any charge, mission or congregation in a Diocese;
xv. "Participating Employer" means the General Synod, any Provincial or Diocesan Synod, Parish or organization admitted to participation in the Plans pursuant to section 4 c) of this Canon;
xvi. "Pension Committee" means the committee constituted under section 3 of this Canon:
xvii. "Pension Fund" means the fund described in section 2 b) of this Canon;
xviii. "Pension Plan" means the General Synod Pension Plan as governed by this Canon and the Pension Regulations;
xix. "Pension Regulations" means the Regulations made under section 4 b) of this Canon with respect to the Pension Plan;
xx. "Plans" means the Pension Plan and the Long Term Disability Plan;
xxi. "Regulations" means the Pension Regulations and the Long Term Disability Regulations;
xxii. "Trustees" means the Board of Trustees established pursuant to Section 5 of this Canon and "Trustee" means a member of the Board of Trustees.
2. a) The Plans are established to provide income in the form of pensions and ancillary benefits to the Members who have retired or who are unable to work by reason of disability.
b) There shall be a fund established in conjunction with the Pension Plan under a written trust agreement in Canada, which fund shall be designated as "The Pension Fund of the Anglican Church of Canada", for the purpose of providing benefits in accordance with this Canon and the Pension Regulations.
c) The Pension Fund shall be composed of the following parts:
i. The Ordinary Fund, being the monies received by way of contributions, transfers and other amounts for provision of Pension Plan benefits together with interest, dividends, earnings, accumulations and accretions, less the amounts expended in the payment of Pension Plan benefits and the expenses of administration of the Pension Plan and the Pension Fund;
ii. The Endowment Fund, being the amounts received by way of gift, donation, or bequest, which may be disbursed at the discretion of the Pension Committee as an augmentation, either general or particular, to the Pension Plan benefits; and
iii. The Special Endowment Fund, being the amounts received by way of gift, donation, or bequest, the terms of which are restricted by donors or trusts. The Endowment Fund including the Special Endowment Fund shall be maintained as a charitable organization within the meaning of the Income Tax Act (Canada).
d) There shall be a fund established in conjunction with the Long Term Disability Plan under a written trust agreement in Canada, which fund shall be designated as "The Long Term Disability Fund of the Anglican Church of Canada", for the purpose of providing benefits in accordance with this Canon and the Long Term Disability Regulations.
The Long Term Disability Fund shall consist of the monies received by way of contributions, transfers, and other amounts for provision of Long Term Disability Plan benefits together with interest, dividends, earnings, accumulations and accretions, less the amounts expended in the payment of Long Term Disability Plan benefits and the expenses of the administration of the Long Term Disability Plan and the Long Term Disability Fund.
3. a) The Pension Committee shall consist of the following members:
i. The Primate of the Anglican Church of Canada;
ii. The Prolocutor of the General Synod;
iii. The General Secretary of the General Synod;
iv. The Treasurer of the General Synod;
v. The Director of Pensions;
vi. Two Bishops, two clerical and two lay persons elected by the General Synod from among its members;
vii. The members of the Board of Trustees; and
viii. Not more than five additional persons appointed by the aforesaid members.
b) Vacancies among the elected members of the Pension Committee occurring between sessions of the General Synod shall be filled by appointment by the Primate in the case of Bishops, and by the Prolocutor in the case of clerical and lay members and by the Pension Committee in the case of appointed members and these appointments shall be for the unexpired term of the former member.
c) A majority of the Pension Committee shall constitute a quorum.
d) As soon as possible after the General Synod elections, the elected and ex-officio members and continuing Trustees who are present at General Synod shall meet to appoint the remaining members of the Pension Committee.
e) Notwithstanding Section 41 k) of the Constitution, at the first meeting, the ex-officio, elected and appointed members shall elect one of their number as chairperson and may elect another as vice-chairperson.
4. The powers, authority and duties of the Pension Committee shall be:
a) To appoint:
i. The Board of Trustees pursuant to section 5 of this Canon; and
ii. The Central Advisory Group pursuant to section 12 of this Canon;
b) To make and amend Regulations establishing the terms of the Plan and providing for the administration thereof, subject to the approval of the Council of General Synod. These Regulations shall become effective from the date of approval by the Council of General Synod and shall remain in effect until the next session of the General Synod at which time they will cease to be in effect unless confirmed by the General Synod;
c) To accept and admit as a Participating Employer, the General Synod, any Provincial or Diocesan Synod, any Diocese, Parish or other organization in the Church, on mutually agreeable terms and subject to this Canon and the Regulations;
d) To consider questions and appeals under this Canon and the Regulations and take appropriate actions;
e) To take such actions towards stimulating interest and support for the Pension Funds as it may deem advisable;
f) To inaugurate and participate in such insurance and other plans as may be authorized by the General Synod or the Council of General Synod; including, but not limited to, income protection benefits, life, health and dental benefits.
g) To make an annual report, including audited financial statements of the Pension Fund, to the General Synod or the Council of General Synod; and
h) To make an annual report to the General Synod or the Council of General Synod as to the operation of the Long Term Disability Fund, including where available, Auditors' and/or Actuaries' reports on the operation of that Fund and the Long Term Disability Plan.
5. a) The Board of Trustees shall consist of not less than six and not more than eight persons, who shall be individuals resident in Canada, provided that at least half of the Trustees are representatives of the Members. These representatives are not required to be Members.
b) Trustees shall be appointed for an initial term not to exceed three years and a member shall be eligible for appointment for an additional three year term after which the eligibility for appointment lapses for one year.
c) All terms shall end on May 31 in the year specified by the Pension Committee.
d) The Pension Committee may revoke an appointment of a Trustee at any time.
e) In the event of a vacancy occurring in the Board of Trustees by resignation, death or revocation, an appointment to fill a vacancy shall be to complete the unexpired term of the former Trustee in accordance with the provisions of this Canon. This appointment shall not be a barrier to a subsequent appointment under the provisions of section 5 a) of this Canon.
f) Any three Trustees shall constitute a quorum. The Chairperson of the Board of Trustees is a non-voting member except that the Chairperson shall have the right to cast a tie-breaking vote.
6. The powers, authority and duties of the Trustees shall be:
a) To administer the system of contributions and pensions established under the Pension Regulations. The general principle to be observed shall be the maintenance of a proper actuarial relationship between the contributions made, levied and collected and the several benefits proposed to be paid;
b) To administer the system of contributions and benefits established under the Long Term Disability Regulations. The general principle to be observed shall be the maintenance of a rate of contribution, paid entirely by Members, adequate to support the benefits and the establishment of appropriate amounts reserved or retained in respect of claims, whether or not known to the Trustees;
c) After consultation with the Primate, to present to the Council of General Synod the nominee for appointment by the Council as the Director of Pensions who, upon appointment, shall also serve the Trustees as the chief administrative officer of the Plans.
d) To employ one or more agents, including a person who may be a Trustee, to carry out any act required in the administration of the Plans and in the administration and investment of the Pension Funds, where it is reasonable and prudent in the circumstances so to do;
e) To define the duties of the Director and such officers as they deem necessary for the purpose of administering this Canon and the Regulations;
f) To appoint investment advisors, actuaries, auditors, lawyers, accountants and other persons and to pay out of the Pension Funds, their reasonable expenses and compensation and to rely and act on information and advice furnished by such persons, or to refrain from acting thereon;
g) To negotiate, maintain, revise and review pension agreements with Dioceses and any other employers which are not Participating Employers on mutually agreeable terms subject to this Canon and the Regulations;
h) To receive, hold and administer all funds contributed to them in respect of the Pension Plan as a separate trust fund, and in accordance with the following terms:
i. The Trustees shall receive all contributions paid to them under the Pension Plan, together with bequests and donations, to or for the purpose of the Pension Fund, in cash or other property acceptable to them.
ii. The Trustees shall invest or cause to be invested, to the best advantage of the Pension Fund, all assets under their jurisdiction, provided that these investments shall, at all times, conform in all respects with regulations established under any applicable federal and/or provincial legislation.
iii. The Trustees shall review and authorize the payment from the Pension Fund of all the benefits payable under the terms of the Pension Plan.
iv. The actions of the Trustees shall at all times be construed and enforced according to the laws of Ontario.
v. The Trustees may not lend any protion of the Pension Fund to any Member or to any contributor to the Pension Plan.
vi. If not prohibited by pension benefits legislation and the regulations, policies and administrative practices of the applicable federal and provincial regulatory authorities as may from time to time apply to the Pension Plan, the Trustees may borrow money against the assets of the Pension Fund, on such terms as the Trustees may determine, but only if this borrowing is required for the payment of benefits under the Pension Plan, and provided that the borrowing is on a short-term basis in order to prevent the distress sale of long-term investments.
i) To receive, hold and administer all funds contributed to them with respect to the Long Term Disability Plan as a separate trust fund and in accordance with the following terms:
i. The Trustees shall receive all contributions paid to them under the Long Term Disability Plan, or for the purpose of the Long Term Disability Fund, in cash or other property acceptable to them.
ii. The Trustees shall invest or cause to be invested, to the best advantage of the Long Term Disability Fund, all assets under their jurisdiction, having regard to the nature and timing of expeccted calls upon such a Fund.
iii. The Trustees shall review the payment from the Long Term Disability Fund of all the benefits payable under the terms of the Long Term Disability Plan.
7. The Trustees shall report, in writing, to the Pension Committee annually or as requested, as to the administration and the financial status of the Plans and the administration and investment of the Pension Funds.
8. Neither the Trustees as a body nor any individual Trustee shall be liable for any honest error of judgement, nor be personally liable for any liability or debt of the Pension Funds contracted or incurred, nor for the non-fulfillment of any contract, nor for any other liability arising in connection with the administration of the Plans and the administration and the investment of the Pension Funds; provided, however, that nothing herein shall exempt the Trustees or any Trustee from any liability, obligation or debt arising out of acts or omissions done or suffered in bad faith or through gross negligence or wilful misconduct. Neither the Trustees nor any Trustee shall be liable for any action taken upon reliance on any instrument, certificate or paper believed by the Trustees to be genuine and to be signed or presented by the proper person or persons and shall be under no duty to make investigations nor inquiry as to any statement contained in any such document but may accept the same as conclusive evidence of the truth and accuracy of the statements therein contained. The Trustees may obtain trustees' and fiduciaries' liability insurance and pay the premium for such insurance out of the Pension Fund.
9. Notwithstanding any other provisions of this Canon, or any other Canon, or of any regulation, it is understood that the Trustees in the management of the Pension Fund shall not at any time act inconsistently with any regulations established by the Minister of National Revenue, under the authority of the Income Tax Act (Canada), the regulations under the Pension Benefits Act, R.S.O. 1990, or any other laws which are applicable to this trust, either before or after the execution of this Canon, in respect of approved or registered pension plans.
10. No part of the Pension Fund, other than such part as is required to pay taxes, fees, administration costs, and other reasonable expenses, shall be used or diverted to purposes other than for the exclusive benefit of the Members, their beneficiaries or estates.
11. The Trustees shall enter into a trust agreement with the General Synod consistent with this Canon.
12. a) Members of the Central Advisory Group shall be appointed by the Pension Committee from among its members or otherwise as may be deemed advisable.
b) The powers, authority and duties of the Central Advisory Group shall be:
i. To advise the Pension Committee, the Trustees and the Director on matters relating to the Plan; and
ii. To carry out any other functions as may be delegated to it by the Trustees and/or the Pension Committee.
13. If any provision of this Canon or the Regulations conflicts with a relevant law enacted by the Parliament of Canada or the Legislature of a province or territory, such law shall prevail and until the Canon or Regulations are amended to conform to the law, the Plans and Funds shall be administered as if the provisions of the law were incorporated in this Canon and the Regulations.
Notwithstanding any other provisions of this Canon or the Regulations, should the Parliament of Canada or the Legislature of any province or territory pass any law which is at variance with this Canon or the Regulations with respect to those Members to whom this applies, this law shall take precedence and until such time as amendments may be prepared and canonically approved, the relevant requirements of this law shall apply to this Canon and the Regulations, and the Plan and the Pension Fund shall be administered as if the requirements of this law were incorporated into this Canon and the Regulations.
14. Save as proposed by the Pension Committee, no amendment to this Canon or the Regulations relating to increased benefits shall be voted upon, or enacted by the General Synod or the Council of General Synod unless eight months' notice thereof shall have been given to the Pension Committee and no motion to amend this Canon or the Pension Regulations shall be considered unless the Trustees certify that the funds to implement such amendment are available in the Pension Fund or, in the alternative, some other source of the funds is specfied in the motion. Notwithstanding the foregoing, the Council of General Synod may approve improvements in benefits proposed by the Pension Committee upon the advice of an Actuary that there are sufficient monies in the Pension Fund to provide for such improved benefits.
15. Save as proposed by the Pension Committee, no amendment to this Canon or the Long Term Disability Regulations relating to increased benefits under the Long Term Disability Plan shall be voted upon, or enacted by the General Synod or the Council of General Synod unless eight months' notice thereof shall have been given to the Pension Committee and no motion to amend this Canon or the Long Term Disability Regulations shall be considered unless the Trustees certify that the funds to implement such amendment are available in the Long Term Disability Fund or, in the alternative, some other source of the funds is specified in the motion.
Subjects
Anglican Church of Canada. General Synod. Constitution. Canon VIII
Pensions - Anglican Church of Canada
Anglican Church of Canada. Pension Committee
Insurance, Disability - Religious aspects - Anglican Church of Canada
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12 records – page 1 of 2.