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1988 Financial Statements - Pension Fund

http://archives.anglican.ca/en/permalink/official9258
Date
1989 June 15-23
Source
General Synod. Minutes
Record Type
Act 50
Date
1989 June 15-23
Source
General Synod. Minutes
Record Type
Act 50
Mover
Rt. Rev. A.D. Brown
Seconder
Ven. M.J. Caswell
Text
That the 1988 audited financial statements of the Pension Fund of the Anglican Church of Canada be approved. CARRIED WITHOUT DEBATE Act 50
Subjects
Anglican Church of Canada - Finance
Pensions - Anglican Church of Canada
Anglican Church of Canada - Auditing
Less detail

Report of the Committee on Ministry

http://archives.anglican.ca/en/permalink/official257
Date
1983 June
Source
General Synod. Minutes
Record Type
Act 47
Date
1983 June
Source
General Synod. Minutes
Record Type
Act 47
Mover
Very Rev. J.R.H. Fowler
Seconder
Ven. M.J. Caswell
Text
"That Canon XII be repealed and the following enacted in its place:
1. Continuing Education Plan of the Anglican Church of Canada
a) There shall be a Plan to provide resources for continuing education of the clergy and lay workers who are members of the Plan.
b) The said Plan shall be called the `Continuing Education Plan of The Anglican Church of Canada' and is hereinafter referred to as the `Continuing Education Plan'.
2. Continuing Education Fund of the Anglican Church of Canada
a) There shall be a Fund designated as the `Continuing Education Fund of The Anglican Church of Canada', hereinafter referred to as the `Continuing Education Fund' for the purpose of providing benefits in accordance with the Regulations approved by the National Executive Council.
b) The Continuing Education Fund shall be provided by assessment on congregation or other salary paying sources and upon members.
3. Membership
a) Bishops and members of the clergy who are on the Register of a participating diocese, organization, or the national office, shall be members of the Continuing Education Plan and shall be subject to the provisions of Canon XII and its regulations.
b) Lay Workers in paid Church employment upon application by the Lay Worker and the employer with the approval of the appropriate diocese or organization or office, may become members of the Continuing Education Plan.
c) Persons who become eligible for entry to the Plan after reaching sixty years of age may choose not to join the Plan.
d) When a member ceases paid employment in the Church, his membership may be terminated.
e) Membership originates on the first day of any month. An applicant becomes eligible for membership at the beginning of the first month after the date of the commencement of continuous employment.
4. Administrative Unit
a) There shall be a Continuing Education Plan Administrative Unit responsible for the operation of the Plan, subject to the authority of the National Executive Council. It shall report to the National Executive Council through the Committee on Ministry.
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;
iii) four members of the Plan appointed by the National Executive Council.
c) The functions of the Unit shall be: to advise the Administrator on matters of policy; to authorize payment of Special and Sabbatical grants, and expenses incurred in the administration of the Plan; and from time to time, to propose changes in Regulations to the National Executive Council.
5. Policy and Regulations
a) The policy and operation of the Plan shall be governed by the Regulations appended to this Canon.
b) The National Executive Council may from time to time alter or replace the said Regulations or any of them or make new regulations.
c) Notice of any such proposed change shall be given to the National Executive Council at a meeting before the meeting at which the proposed change is to be considered, and such notice shall be given forthwith after the first meeting above mentioned to each participating diocese, office and organization.
6. Collection and Disbursement of Funds
a) Salary paying sources shall collect members' assessments and remit them together with their own assessment to the Pension Committee.
b) The Continuing Education Funds shall be invested in the Consolidated Trust Fund of The Anglican Church of Canada.
c) Payments out of the Fund for ordinary benefits to members shall be authorized by the Administrator.
d) Withdrawals from the Fund for Special and Sabbatical grants and to defray expense incurred in the administration of the Plan shall be authorized by the Administrative Unit.
e) The Pension Committee shall have authority to draw from the fund expenses incurred in the administration and care of the Fund." CARRIED Act 47
Subjects
Anglican Church of Canada - Clergy - Education (Continuing education)
Anglican Church of Canada - Employees - Education (Continuing education)
Anglican Church of Canada. General Synod. Constitution. Canon XII
Continuing education - Anglican Church of Canada
Less detail