OCA Pension Board meets, receives favorable audit report

The Orthodox Church in America’s Pension Board met at the Chancery here on Monday, September 12, 2011.  Board members approved benefits, responded to communications, and updated investment decisions.  They also received updated actuarial information and finalized plans for the upcoming 16th All-American Council.

The Plan has received a favorable audit report for the year ending December 31, 2010 from independent auditors Saslow, Lufkin & Buggy.  Interested parties may contact Maureen Ahearn, Plan Administrator, at .(JavaScript must be enabled to view this email address) to receive a copy of the report in PDF format.

The Orthodox Church in America Pension Plan serves over 300 active participants and more than 125 retirees, widows, and beneficiaries.  Participation in the Plan has been mandated for all clergy and is available for all full-time Church workers.  A Summary Plan Description, highlights brochure, and numerous administrative forms are available under OCA Departments, Pension Board, at http://oca.org/about/boards-offices-commissions/pension-board.