From Clark Simmons, Board of Pensions Regional Representative
Greetings!
I’d like to invite you, as a leader of the Church, to join us for an opportunity to learn more about the recently announced recommendation for a change
to the dues structure for the Traditional Program of the Medical Plan
of the PC(USA), administered by the Board of Pensions. I know you are
hard at work this Advent season, but I ask that you take a moment out of
your busy schedule to register for this important event.
Pat Haines, Senior Vice President of Benefits for the Board of Pensions, and I will host a webinar on the topic on January 10, 2013, at 10:00 a.m. to 11:00 a.m. ET. I encourage you to register now — and no later than December 31, 2012 — and to mark your calendar to join Pat and me for this live, one-hour event.
Topics will include:
• Why is a change to the structure of medical dues being recommended?
- The status of Benefits Plan funding
- Trends: medical costs, plan member demographics, church demographics
• What were the key considerations to the recommended approach?
- Current structure of Medical Plan dues
- Alternative funding approaches considered
- Rationale for the recommended approach
• How may a change to the medical dues structure (if approved) affect the Church?
- Details of the recommendation
- How the recommended approach may benefit the Church, employing organizations, and members
- Next steps
• Questions and answers
The recommended
approach for medical dues for the Traditional Program was made on
October 27, 2012, by the Chair of the Healthcare Committee to the full
Board of Directors of the Board of Pensions. The proposal will be put to
a vote at the next meeting of the Board of Directors in Philadelphia in
March 2013. If approved, the new dues structure for the Traditional
Program would take effect January 1, 2014.
Remember to sign up by clicking “register,” above. I look forward to your joining us!
Regards,
Clark Simmons
Regional Representative
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