Complete 2012 Journal - 2012 NC Conference Journal

Section iV: Legislation and Reports 227
allocated to the budgeted boards and agencies, and supplemental appropriations are decided at
the meeting.
• March 25, 2013: To consider the budget to be recommended to Annual Conference which
will be raised in the subsequent year and spent in the year following that. Additionally, the
CFA policy recommendations to the Annual Conference are adopted.
O. Dates to Remember:
• July 20, 2012: Apportionments sent to the Districts.
• December 3, 2012: Requests for the 2015 budget, to be adopted at the 2013 Annual
Conference, due in the Treasurer’s Office.
• November 7, 2012: Requests for supplemental appropriations for the 2012 operating budget
due in the treasurer’s office.
• January 16, 2013: Annual Conference and General Church remittances must be received by
8:30 A.M. in order to receive credit for 2012. (Subject to change based on GCFA final closing
date.)
• January 18, 2013: Requests for supplemental appropriations for the 2013 operating budget
due in the treasurer’s office.
• January 31, 2013: Tables I, II and III due to the Conference statistician.
IX. United Methodist Personal
Investment Plan (UMPIP and UMLifeOptions)
A. GENERAL
1. The lay employee’s supervisor is responsible for making lay employees aware of these rules
and procedures. Detailed information on the UMPIP and the UMLifeOptions is available
from the treasurer’s office. Supervisors will have lay employees who are eligible for these
benefits contact the treasurer’s office 60 days before they are eligible for participation, or sign
a waiver form if they decline to participate in the UMPIP. The form will be kept on file in
the treasurer’s office for future reference.
2. The Conference treasurer’s office will administer the UMPIP and the UMLifeOptions.
3. Contributions will be withheld from the employees pay and remitted to the General Board
of Pensions by the treasurer’s office within ten business days after receiving the bill from the
General Board of Pensions.
B. UNITED METHODIST PERSONAL INVESTMENT PLAN (UMPIP - Effective January
1, 2006)
1. The lay employee must be full time (at least 20 hours per week).
2. The lay employee must be an employee for 1 continuous year before becoming eligible for
UMPIP.
3. The conference contribution will be twelve percent (12%) of the employee’s base
compensation.
4. The lay employee’s required contribution will be 3% of the employee’s base compensation.
Participants in the UMPIP must be participants in the UMLifeOptions.
C. UMLifeOptions
1. The UMLifeOptions plan is a death and disability plan for lay employees.
2. UMLifeOptions is an employer funded plan and, as such, is required enrollment for all
eligible employees.
3. Employees are eligible after one year of employment working at least 20 hours per week.
— Danny Allen, President