Complete 2012 Journal - 2012 NC Conference Journal

Section iV: Legislation and Reports 231
E. Insurance benefits through the NC Conference insurance plans (provided the
participant was enrolled in the applicable insurance plan prior to the granting
of Incapacity Leave). Life insurance is paid in full by the Joint Committee on
Incapacity. Effective January 1, 2011 all participants enrolled in the Conference
health insurance plan, pay $10 per month for coverage with the remaining
balance of premiums paid by the Joint Committee on Incapacity. Please refer to
Section III Policies Related to Life and Health Insurance for proposed changes.
F. Moving expenses paid as outlined in the Itinerant Clergy Moving Expense
Report (page 261 of the 2011 Journal).
The Duke Endowment:
G. Duke Endowment annual grant (subject to the guidelines and availability as
defined by The Duke Endowment)
III. Incapacity Policies Related to Benefits
A. Incapacity Leave participants will have 60 days from the approved date of
Incapacity Leave in which to file for Social Security benefits. Proof of filing must
be submitted to the Conference Benefits Manager. Incapacity Leave participants
approved on or before July 1, 2011 will have 60 days from July 1, 2011 to provide
proof of their Social Security application. Participants who fail to provide proof
of filing within 60 days will be charged 100% of the applicable monthly insurance
rate until notification is received by the Benefits Manager.
B. Insurance Coverage -- Participants approved for Incapacity Leave must be
covered under the Conference life and/or health insurance plan immediately
preceding the approval date of Incapacity Leave in order to have life and/or
health insurance coverage after the appointment of Incapacity Leave.
C. Five Year Rule -- Participants must be covered for five consecutive uninterrupted
years immediately prior to the date of retirement in order to retain insurance
benefits after retirement.
D. Life Insurance –
i. The life insurance premiums are paid by the Joint Committee on Incapacity.
ii. Current participants on Incapacity Leave who are enrolled in the life
insurance are covered as follows: $25,000 life coverage, $10,000 on eligible
dependents.
iii. Supplemental life insurance premiums are the responsibility of the individual.
E. Health Insurance –
1. Effective January 1, 2011, all participants on Incapacity Leave with
Conference health insurance contributed the retiree minimum amount
towards the monthly insurance premiums ($10 per month for the calendar
year 2011).
2. Effective January 1, 2012 all persons on Incapacity Leave (current and future)
will be required to pay the retiree minimum amount of $20 per month for
the Base Plan. Additional personal premiums will apply if the participant
chooses the Buy-Up Plan (rates published in the Insurance Report Section
VIII).