Text of: 31753-FA-NonDis-O
Whereas, the General Board of Pensions and Health Benefits has two different rules that apply to the three types of employer contributions and how the employee may have access to the contributions that the employer made to the employee account; and
Whereas, laypeople throughout the church, upon retirement, have the option of withdrawing any percentage of their employer's contributions of up to 100 percent if they so desire; and
Whereas, clergy who hare employed by any general board of agency, upon retirement, also have the option of leaving their employer's contributions with the General Board of Pensions or withdrawing any portion of those funds up to 100 percent, if they so desire; and
Whereas, clergy who have employer contributions made for them by a local church, district or annual conference entity currently have the option of withdrawing only up to 25 percent of these funds, and the local churches believe they are contributing funds for their pastor's use and do not know that these funds are not totally available to these pastors;
Therefore be it resolved that the General Conference instruct the Board of Pensions to examine its policies relating to the employer contributions to an employee's account. They shall take into consideration the two methods used to administer three types of employer contributions and try to combine the two methods into one and make a report on their findings and reasons for changes or reasons for no changes to the 2004 General Conference.
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