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Members of the Orthodox Church in America’s Pension Board concluded their quarterly meeting at the Chancery here on Tuesday, September 27, 2016. In addition to routine business, the independent auditors of the Pension Plan, Crowe Horwath, presented an unqualified audit report for the year ending December 31, 2015.
In addition, members of the Pension Board were pleased to announce that active members who have reached the age of 75 may begin receiving their Normal Retirement Benefit while still in active service. Members should contact Maureen Ahearn, Plan Administrator, at .(JavaScript must be enabled to view this email address) for details and information on applying to commence benefit payments. The Board also reminded all clergy to seek professional tax advice.
The OCA Pension Plan serves over 330 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 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; Theodore Bazil, Matushka Mary Buletza Breton, and Barry Gluntz.
