Pension board concludes quarterly meeting, invites delegates to AAC open house
Members of the Orthodox Church in America’s Pension Board concluded their quarterly meeting at the Chancery on Tuesday, June 19, 2018. In addition to routine business, the independent auditors of Baker Tilly presented their draft audit report, which included an unmodified opinion on the financial statements as of and for the year ended December 31, 2017.
Board members also discussed plans for the upcoming 19th All-American Council [AAC]. They extend an invitation to all clergy and their wives, employees and parish officials at the AAC to attend the open house they will host on Thursday, July 26 from 4:30 until 6:00 p.m. The reception will provide opportunities to ask questions and learn about the Pension Plan in detail.
The OCA Pension Plan serves over 350 active participants and more than 175 retirees, widows, and beneficiaries. The Plan is the only approved retirement vehicle for OCA parishes and clergy. Participation is required of all clergy and parishes. The Plan is available for all full-time Church workers. A wealth of information and resources concerning the Plan is available on-line.
Pension Board Trustees include His Grace, Bishop David, Episcopal Moderator; Priest Gleb McFatter, Chairman; Archpriests Matthew Tate and John Zdinak; and Theodore Bazil, Matushka Mary Buletza Breton, and Barry Gluntz. Maureen Ahearn serves as Pension Administrator.