PENSION COMMITTEE 010 03 14 11 : 1.4 GSPP [General Synod Pension Plan] TRUST AGREEMENT
https://archives.anglican.ca/link/official10498
- Date
- 2014 November 13-16
- Type
- Resolution 09-11-14
- Mover
- David Jones
- Seconder
- Mr. Tony Tear
- Prologue
- [Page 7]
- Mr. Bob Bockner, a Trustee with the Pension Committee, was introduced by the Primate. He presented a number of resolutions stating that they have previously been reviewed by the Chancellor, legal counsel and by the Trustees.
- The resolutions are attached as Appendix B.
- Mr. Cameron Hunter, Actuary, presented an overview of the General Synod Pension Plan.
- [Mover, Seconder and Text of resolution as found in Appendix B.]
- Text of motion
- [Page 15]
- [APPENDIX B]
- [PENSION COMMITTEE RESOLUTIONS]
- Be it resolved that the Council of General Synod approve the Pension Committee's recommendation that General Synod Pension Plan Trust Agreement (attached to the CoGS report as Appendix 2) be restated effective January 1, 2015.
- Rationale: The General Synod is empowered under the Trust Agreement to amend the Trust Agreement, subject to the consent of the Board of Trustees of the General Synod Pension Fund (the "Trustees"). The parties to the Trust Agreement, which includes the General Synod, the Trustees and the Pension Committee of the General Synod (the "Pension Committee"), deem it desirable to confer upon the Trustees the power to amend the Trust Agreement, subject to the consent of the Pension Committee. They also deem it desirable to amend the Trust Agreement to resolve possible conflicts between the Trust Agreement and any other governing documents and clarify the legal relationships between the various stakeholders in the General Synod Pension Fund and also to provide for the possibility of expenses being paid directly by Participating Employers where the Pension Committee determines it is appropriate to do so.
- ADOPTED #09-11-14
- Subjects
- Pensions - Anglican Church of Canada
- Pensions - Anglican Church of Canada - Regulations
- Anglican Church of Canada. General Synod. Constitution. Canon VIII