That the Council of General Synod approve amendments to Regulation 8.5 of the Lay Retirement Plan effective January 1, 2003.
Renumber the current Regulation 8.5 as 8.5(a) and add a new section (b).
(Bold denotes addition) [In electronic database bold indicated by pointed brackets i.e. ]
Where a Member's employment by a Participating Employer terminates upon the Member becoming an employee of another Participating Employer, the Member's Active Service shall be deemed not to have terminated.
Archbishop Morgan drew attention to Section 1.4 of the report, which read:
"The Pension Committee is recommending to the Council of General Synod that prior to approving the resolution, which is being presented by EcoJustice Committee with respect to Socially Responsible Investment Procedures, that it be referred to the Pension Committee for consultation and to report back to the next meeting of COGs."
Ms. Mason, who is retiring after 40 years of service to the Pension Plan, extended best wishes to Council and acknowledged that she will miss everyone. She has no doubts that the right choice was made when Council appointed Ms. Judy Robinson to be her successor.
The report of the Pension Committee was presented by Admiral Rayner, assisted by Mrs. Mason and the Venerable E. Hobson.
Specific note was made of the second paragraph which reads:
We wish to draw to your attention, and the Reverend Wm. Lowe has been advised accordingly, of the concern of the Pension Committee regarding the possibility of the National Executive Council curtailing the time devoted to business at the Fall meeting to be held in 1974. December 31, 1973 was designated as the time for an actuarial evaluation, and General Synod made firm recommendations regarding use of any surplus reported. It is most important therefore that the National Executive Council have sufficient time to discuss these matters. The actions taken on the proposals will not be available until after the Summer of 1974. There will undoubtedly be other matters also upon which the Pension Committee will wish to report.
That this National Executive Council accept this Report as printed. CARRIED
That the following statement from the Administration and Finance report be received as a matter of information:
That the Administration and Finance Committee expresses its dismay to the National Executive Council at the recommendations of the special meeting of representatives of A. & F. and Pensions Committees which reject the A. & F. Committee proposals for the realignment of Pension Committee and staff relationships with the A. & F. Committee and staff. CARRIED
That this General Synod approve amendments to Deed of Amendment No. 5 and the Trust Agreement of the Continuing Education Plan (CEP) as approved by the CoGS effective March 25, 2011. For text see Appendix B
CARRIED Act 29
CONTINUING EDUCATION PLAN
Changes to the CEP Trust Agreement and the Deed Amendment No. 5 are:
First Recital of the CEP Trust Agreement on page 2: The words “or former employment” have been replaced by “and/or voluntary, unpaid services”.
The Pension Office address and the list of the Trustees have been updated.
That this General Synod approve the amendments to the Long Term Disability Plan as approved by the Council of General Synod by deleting the strike through portions and adding the bold portions found here: For text see Appendix C
CARRIED Act 30
For text see Appendix C in the General Synod Journal 2013
[Text of Appendix C NOT included in electronic database.]
That this General Synod approve the purchase of insured contract and approve amendments to the Long Term Disability Plan Pre-2005 to implement these changes as approved by the Council of General Synod by adding the bold section. For text see Appendix F
CARRIED Act 32
For text see Appendix F in the General Synod Journal 2013
[Text of Appendix F NOT included in electronic database.]
"The Council of General Synod approved the recommendation of the Pension Committee to a 3 year plan to double the CEP [Continuing Education Plan] contribution to $900 per year as follows: $600 (effective January 1, 2019), $750 (effective January 1, 2020), $900 (effective January 1, 2021). CEP Online gives access to: 500+ websites to help Plan account holders locate educational opportunities; list of current courses, seminars and workshops, by region within Canada and internationally; interactive educational tool with feature articles, book reviews, course reviews, testimonials and links to relevant websites; details about the CEP application forms and the Canon/Regulations. http://cep.anglican.ca firstname.lastname@example.org". [Text of entire article.]