Reformed Presbyterian Minutes of Synod 1997 - Rparchives.org

REFORMED PRESBYTERIAN CHURCH OF NORTH AMERICA 45
Class of 1997 expire at this meeting of Synod; namely, Brian C. Roulin and A.
Wayne Duffield. Brian Roulin is completing his first three (3) year term and is
being nominated by the Board. A. Wayne Duffield is completing his second three
(3) year term and therefore would not normally be eligible for re-election due to
the two term rule of Synod. The Board, however, is requesting an exemption for
Wayne Duffield since he has been providing valuable service as secretary of the
Board. The Board is nominating Wayne Duffield to serve another three (3) year
term. The Board is also suggesting the name of Paul Finley as a third nominee for
the ballot.
Bruce Lundeen, a member of the Board in the Class of 1998, has moved to
Perth, Australia and has submitted a letter of resignation. The Board has
appointed Marsha Siebring tofill his unexpired term.
RECOMMENDATION 8: That Synod grant an exception for A. Wayne
Duffield from the two-term rule, and that Synod elect A. Wayne Duffield and
Brian Roulin to a three-year term in the Class of 2000. The Board also suggests
the name of Paul Finley as a third nominee for the ballot.
RECOMMENDATION 9: That Synod amend Pension Plan "B" as follows:
WHEREAS, the Synod last restated The Synod of the Reformed Presbyterian
Church of North America Employees' Pension Plan "B", as of January 1, 1989
(hereinafter referred to as the "Plan"); and
WHEREAS, the Synod reserved the right in Article VIM of the Plan to amend
the Plan; and
WHEREAS, the Synod wishes to amend the Plan to make certain changes, a
summary of which is attached hereto and incorporated herein by reference.
NOW, THEREFORE, BE IT RESOLVED that the Plan is hereby amended to
make the changes described in the attached summary, effective as of January 1,
1997, except as otherwise indicated in the summary, subject to review, comment
and modification, if necessary, of the specific Plan language by the Pension Trustees
at its next regularly scheduled meeting.
FURTHER RESOLVED, that copies of the Plan, as amended, and a summary of
the Plan, as amended, shall be made available to the Synod at its next annual
meeting.
FURTHER RESOLVED, that Thomas C. Graves, Attorney-at-Law, Morrison et
Hecker, L.L.P. shall be and is hereby authorized to submit an application to the
Internal Revenue Service for a determination that the Plan, as amended continues
to qualify for favorable tax treatment as a church pension plan under Section
401(a) of the Internal Revenue Code and to represent the Pension Trustees with
respect to such application.
FURTHER RESOLVED, that the Pension Trustees are authorized to make any
further changes that may be required to secure a determination from the Internal
Revenue Service, that the Plan, as amended, continues to qualify for favorable tax
treatment under Section 401 (a) of the Internal Revenue Code.