Pension for service approved for pension credit by an agency of The United Methodist Church receiving financial support from the World Service Fund, the General Administration Fund, the Episcopal Fund, or any authorized general benevolent or administrative fund shall be provided by the employing agency in uniformity with that provided by other agencies under one of the pension funds, plans, or programs administered by the General Board of Pension and Health Benefits of The United Methodist Church; provided, however, that where service has been rendered in two or more agencies, the total pension benefit shall be calculated as if all such service had been with one agency and the final agency shall provide any additional pension benefits necessary to accomplish this; furthermore, such agency may not make any arrangement with a life insurance company or any other entity for the purchase of annuities for the benefit of individual effective or retired employees or take any steps to nullify, in whole or in part, the pension plans or program of The United Methodist Church by making contracts with outside parties.
General Conference Webmaster: Susan Brumbaugh
PETS Creator: John Brawn
Petition Text: 21485-FA-1605-D
1996 United Methodist General Conference