1.2 Canon VIII Amendments - General Synod Pension Plan
http://archives.anglican.ca/en/permalink/official8399
- Date
- 2003 November 7-9
- Source
- Council of General Synod. Minutes
- Record Type
- Resolution 04-11-03
- Date
- 2003 November 7-9
- Record Type
- Resolution 04-11-03
- Mover
- Archbishop Tom Morgan
- Seconder
- Bishop Ann Tottenham
- Text
- That the Council of General Synod approve amendments to Regulations 3.1 (Contributions), Regulation 5.1(b) (Normal Retirement Pension) and Section 1.(b) of Schedule A of the General Synod Pension Plan (Canon VIII) effective January 1, 2004.
- - Regulation 3.1 (Contributions) is amended to read as follows.
- (Bold indicates addition, underline indicates deletion) [In electronic database bold indicated by pointed brackets i.e. and underline indicated by curly brackets i.e. {}]
- 1. The Contributions required fom each Participating Employer shall be {10% of Salary} for all Members in Active Service:
- - Regulation 5.1 (b) (Normal Retirement Pension) is amended to read as follows.
- (b) for Years of Contributory Membership after December 31, 1960, percentages of Salary in accordance with the following table:
- 1961 to 1972 - 1.5%
- 1973 to 1975 - 1.6%
- 1976 to 1978 - 1.7%
- 1979 to 1980 - 1.8%
- 1981 to 1982 - 1.85%
- 1983 to 1996 - 1.9%
- 1997 to 200{3} - 2.0%
- 200{4} - and later - 1.9%
- - Schedule A (Bonus Additions to Accrued Pensions)
- 1.(b) for Years of Contributory Membership after December 31, 1960, percentages
- of Salary in accordance with the following table:
- provided however that the increase in a Member's amount of annual Pension pursuant to this paragraph 1 shall not exceed 40% of the amount otherwise determined as of December 31, 1988 in accordance with Regulation 5.1. CARRIED #04-11-03
- Subjects
- Pensions - Anglican Church of Canada - Regulations
- Anglican Church of Canada. General Synod. Constitution. Canon VIII
1.2 Canon VIII Amendments - General Synod Pension Plan
http://archives.anglican.ca/en/permalink/official8400
- Date
- 2003 November 7-9
- Source
- Council of General Synod. Minutes
- Record Type
- Resolution 05-11-03
- Date
- 2003 November 7-9
- Record Type
- Resolution 05-11-03
- Mover
- Archbishop Tom Morgan
- Seconder
- Bishop Ann Tottenham
- Text
- That the Council of General Synod approve amendments to Regulation 10.4 of the General Synod Pension Plan effective January 1, 2003.
- Renumber the current Regulation 10.4 as 10.4(a) and add a new section (b).
- (Bold denotes addition) [In electronic database bold indicated by pointed brackets i.e. ]
- (a) 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.
- Subjects
- Pensions - Anglican Church of Canada - Regulations
- Anglican Church of Canada. General Synod. Constitution. Canon VIII
1.3 Canon IX Amendments : Lay Retirement Plan
http://archives.anglican.ca/en/permalink/official8401
- Date
- 2003 November 7-9
- Source
- Council of General Synod. Minutes
- Record Type
- Resolution 06-11-03
- Date
- 2003 November 7-9
- Record Type
- Resolution 06-11-03
- Mover
- Archbishop Tom Morgan
- Seconder
- Bishop Ann Tottenham
- Text
- 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.
- Notes
- 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.
- Subjects
- Pensions - Anglican Church of Canada - Regulations
- Anglican Church of Canada. General Synod. Constitution. Canon IX
- Anglican Church of Canada. Socially Responsible Investment Group
- Anglican Church of Canada. Eco-Justice Committee
- Anglican Church of Canada. Pension Committee
- Investments - Moral and ethical aspects
- Investments - Religious aspects - Anglican Church of Canada
- Mason, Jenny
- Robinson, Judy
22. Pension Committee
http://archives.anglican.ca/en/permalink/official2876
- Date
- 1977 May 3-6
- Record Type
- Resolution
- Mover
- McPherrin
- Seconder
- Huggill
- Prologue
- The report of the Pension Committee was presented by Archdeacon Hobson with the assistance of Mrs. J. Mason and Mr. J. McPherrin.
- Archdeacon Hobson reviewed the report and announced that a newsletter is going out twice a year to all pensioners of the Church.
- Text
- That the National Executive Council approve the following amendments to the Pension Regulations:
- - 7.7 When a restricted member has completed ten consecutive years of contributory membership in the Plan he shall become a full member of the Plan.
- Add to Regulation 11.2 a new section (b) which reads:
- - If the member does not apply for the benefit when the normal retirement date is reached, the benefit shall be increased by adding to the accrued pension benefit six-tenths of one percent for each full month that the application is deferred beyond the last day of the year in which the member's 65th birthday occurs.
- - Renumber sections 11.2(b) and those following.
- Add to regulation 11.2(d) (new number 11.2(e)) the following sentence:
- - However, if the member was over 55 years of age at the time his pension account was frozen and had participated in the Plan for ten or more years the death benefit shall not be reduced.
- Section 18.2(d) shall be deleted and a new section 18.3 added which reads:
- - 18.3(a) If a member chooses not to retire when normal retirement age has been reached, assessments will continue to be required. All such assessments received after the last day of the year in which the member's 65th birthday occurs shall be deemed to be additional voluntary contributions in accordance with Regulation 14.
- - (b) No assessments will be accepted after the member attains the age of 71, at which age the monthly pension becomes payable.
- - The present sections 18.3, 18.4 and 18.5 shall be renumbered.
- Add to Regulation 18 a new section 7.
- - 7.(a) If an active member with ten or more years of contributory membership has not retired by December 31 of the year in which the member's 65th birthday occurs the accrued pension benefit of the member shall be frozen as of that date.
- - (b) When such a member does apply for the retirement benefit there shall be added to the accrued pension benefit six-tenths of one percent for each full month that the application is deferred beyond the last day of the year in which the member's 65th birthday occurs. CARRIED
22. Pension Committee
http://archives.anglican.ca/en/permalink/official2877
- Date
- 1977 May 3-6
- Record Type
- Resolution
- Mover
- McPherrin
- Seconder
- Huggill
- Text
- That the National Executive Council receive the second edition of Canon VIII and regulations and the audited financial statements for 1976. CARRIED
- Subjects
- Pensions - Anglican Church of Canada
- Pensions - Anglican Church of Canada - Regulations
- Anglican Church of Canada. General Synod. Constitution. Canon VIII
Addendum to the Pension Committee.s Report #010-04-11-11
http://archives.anglican.ca/en/permalink/official9884
- Date
- 2011 November 18-20
- Source
- Council of General Synod. Minutes
- Record Type
- Resolution 20-11-11
- Date
- 2011 November 18-20
- Record Type
- Resolution 20-11-11
- Mover
- Archdeacon Harry Huskins
- Seconder
- Archbishop Colin Johnson
- Text
- 1.1 (a) Be it resolved that the Council of General Synod approve amendments to Regulation 1.12(c) (Salary) of the General Synod Pension Plan effective October 15, 2011
- Bolded text is new and strikeout is removed
- 1.12. "Salary" means the remuneration of the Member for Pension purposes and shall be composed of the aggregate of:
- - (c) If the Member is ordained, the amount determined by the Diocese Participating Employer to be the value of housing, not included above and provided that any increase in the amount determined by a Diocese Participating Employer to be the value of housing, is subject to approval by the Pension Committee;
- ADOPTED #20-11-11
Amendments to Canon VIII
http://archives.anglican.ca/en/permalink/official833
- Date
- 1989 June 15-23
- Source
- General Synod. Minutes
- Record Type
- Act 65
- Mover
- Rt. Rev. A.D. Brown
- Seconder
- Ms. M. Olson
- Text
- That Canon VIII and the Regulations governing the General Synod Pension Plan be rescinded and replaced with the revised Canon VIII and the Regulations governing the General Synod Pension Plan as in the form attached. CARRIED Act 65
- Notes
- (See the attached Canon VIII - General Synod Pension Plan)
- [N.B. The text of Canon VIII is NOT included in the electronic database.]
- Subjects
- Anglican Church of Canada. General Synod. Constitution. Canon VIII
- Pensions - Anglican Church of Canada
- Pensions - Anglican Church of Canada - Regulations
Amendments to Canon VIII
http://archives.anglican.ca/en/permalink/official834
- Date
- 1989 June 15-23
- Source
- General Synod. Minutes
- Record Type
- Act 66
- Mover
- Rt. Rev. A.D. Brown
- Seconder
- Ms. M. Olson
- Text
- That the Regulations governing the revised Canon VIII be approved, retroactive to January 1, 1988. CARRIED Act 66
- Notes
- (See the attached Regulations - Canon VIII)
- [N.B. The text of Canon VIII is NOT included in the electronic database.]
- Subjects
- Pensions - Anglican Church of Canada
- Pensions - Anglican Church of Canada - Regulations
- Anglican Church of Canada. General Synod. Constitution. Canon VIII
Amendments to Regulation of Canon IX - Lay Retirement Plan
http://archives.anglican.ca/en/permalink/official8023
- Date
- 2001 July 4-11
- Source
- General Synod. Minutes
- Record Type
- Act 45
- Mover
- Bishop Robert Townshend
- Seconder
- Archbishop Tom Morgan
- Text
- That this General Synod approve the amendments to the Regulations of Canon IX as approved by the Council of General Synod. CARRIED WITHOUT DEBATE Act 45
- Subjects
- Anglican Church of Canada. General Synod. Constitution. Canon IX
- Pensions - Anglican Church of Canada - Regulations
Amendments to Regulations of Canon VIII - General Synod Pension and Income Continuance Plans
http://archives.anglican.ca/en/permalink/official8022
- Date
- 2001 July 4-11
- Source
- General Synod. Minutes
- Record Type
- Act 44
- Mover
- Bishop Robert Townshend
- Seconder
- Archbishop Tom Morgan
- Text
- That this General Synod approve the amendments to the Regulations of Canon VIII as approved by the Council of General Synod. CARRIED WITHOUT DEBATE Act 44
- Subjects
- Anglican Church of Canada. General Synod. Constitution. Canon VIII
- Pensions - Anglican Church of Canada - Regulations