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REPORT OF THE PENSION COMMITTEE #010-03-11-11 : Amendments to Regulations of the General Synod Pension Plan (Leave of Absence)

http://archives.anglican.ca/en/permalink/official9881
Date
2011 November 18-20
Source
Council of General Synod. Minutes
Record Type
Resolution 17-11-11
Date
2011 November 18-20
Source
Council of General Synod. Minutes
Record Type
Resolution 17-11-11
Mover
Archbishop Colin Johnson
Seconder
Canon Dr. Randall Fairy
Prologue
Ms. Judy Robinson, Executive Director Pension and Mr. Bob Boeckner, Trustee and member of the Pension Committee, presented the report of the Pension Committee and introduced the following motions.
Text
1.1 Be it resolved that the Council of General Synod approve amendments to Regulation 13.2 (Leave of Absence) of the General Synod Pension Plan effective October 1, 2011
Bolded text is new and strikeout is removed [In electronic database, "bolded" text is indicated by brackets and "strikeout" text is indicated by {} brackets.]
Section 2 of Regulation 13 (“Leave of Absence”) is edited to read as follows:
- 2. Except as provided in Regulation 2.5 (a), a Member who is granted leave of absence for purposes other than study, {or maternity} shall be considered an inactive Member and benefits will be provided in accordance with Regulation 11. If the leave extends for a period of at least twenty-four months without Contributions being received on behalf of the Member, settlement shall be made in accordance with Regulation 10.
ADOPTED #17-11-11
Subjects
Pensions - Anglican Church of Canada - Regulations
Leave of absence
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