Pension Board holds quarterly meeting, announces AAC events
Members of the Orthodox Church in America’s Pension Board held their quarterly meeting at the Chancery here on Tuesday, June 23, 2015.
The Board finalized plans for the upcoming 18th All-American Council. The Board will host an Open House from 1:30 p.m. to 4:30 p.m. on Monday, July 20, 2015 . The informal session is open to all clergy, Church workers, members, nonmembers, and spouses to visit at any time during the session with questions or to learn more about the Plan. The Board will present a formal report to the entire Council during Plenary Session III on the afternoon of Tuesday, July 21, 2015.
The independent auditors of the Plan, Saslow, Lufkin and Buggy, presented an unqualified audit report for the year ending December 31, 2014. 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.
Finally, Board Chairman John Sedor was honored and appreciated for 20 years of dedicated service to the Pension Plan. Mr. Sedor’s term as a Board Member will expire at the upcoming All-American Council. To ensure a smooth transition, Priest Gleb McFatter was elected Interim Chairman.
The Orthodox Church in America Pension Plan serves over 325 active participants and more than 125 retirees, widows, and beneficiaries. The Plan is the only approved retirement vehicle for OCA parishes and clergy. Participation is expected of all clergy and is available for all full-time Church workers. Information and resources concerning the Plan are available here.
Pension Board Trustees include His Eminence, Archbishop Nikon; Archpriests Matthew Tate and John Zdinak; Priest Gleb McFatter; and Messrs. Theodore Bazil, Barry Gluntz, and John Sedor.