Calvin Synod Herald, 1976 (76. évfolyam, 1-12. szám)
1976-07-01 / 7-8. szám
8 CALVIN SYNOD HERALD OFFICIAL COMMUNICATIONS . . . (Continued from page2) VACANT PULPITS (in Synod churches): Coatesville, Pa. (Call Bishop) Dayton, Ohio (Dean Szabó, adminstr.) So. Norwalk, Conn. (Call Bishop) Non-Synod churches: Elyria, Ohio (Ohio Conference, UCC) Niles, Ohio (United Presbyterian) Sharon, Pa. (United Presbyterian) Wharton, NJ. (United Presbyterian) Buffalo, East (N.Y. Conference, UCC) IN RETROSPECT: —Bishop Butosi visited Columbus, 0. on June 9. The congregation celebrated 70th annniversary on June 13. Z. Szabó, pastor. —Rev. John Vincze was ordained on June 13 at Calvin UCC, Fairfield, Conn. —Dr. Butosi extended the greetings of the Synod to the convention of the Federation on June 28 in Ligonier, Pa. —The Lakeland, Fla. church burned mortgage papers on June 20. Congratulations! LOOKING AHEAD: —National Ministerial Assoc, meeting on Sept. 6-7 in Ligonier, Pa. —Presbyter’s Conference in Ligonier, Pa. on Sept. 5-6 (plaque dedication). —Dedication of the new South Side Chicago Church in Lansing, 111. on Sept .12. —Installation of the Rev. Marton Kerekes in Buffalo West, N.Y. on Sept. 19. —70th Anniversary of our Bethlehem, Pa. Church on Sept. 19. —Celebration of Dr. Stephen Szabo’s 50th anniversary in the Christian ministry on Oct. 10 in Cleveland, Ohio. —Eastern Classis Worker’s Conference in Manville, N.J. on Oct. 17. LET US REMEMBER —to support the “Human Rights for Minorities in Erdély” movement in every way we can (see last issue of Synod News; also write to your senators and congressmen!) —to make special effort for the erection of the Michael Kovats Bicentennial Monument in Washington, D.C. (see last issue of Synod News, money is needed as described in special letter: have you received it?) —to study the new pension plan in the booklet which will be sent to all pastors (Family Protection and Group Life Insurance Plans have already been mailed) —to pray for one another, especially for those who suffer unusual hardship in Erdély and Carpatho-Ukraine; also the refugees in Italy and Austria ... BICENTENNIAL CELEBRATIONS are going on everywhere in America. Hungarians participates in many places. E.g. in Norwalk, Conn. Hungarian won the first prizes in float and kitchen. Would you send information and picture on noteworthy Hungarian participation to the Rev. Francis Vitéz, editor of the Calvin Synod Herald who plans to prepare an article on it. THE MINUTES of the Synod Meeting is being printed. We hope it will be in the hands of church leaders before September. THE SYNOD NEWS is an official communication channel in our Calvin Synod and sent to all who request it. This time we use the synod envelopes for mailing hoping to have better delivery service. The next issue is planned to be published in September perhaps from Bridgeport! HAVE A RESTFUL SUMMER — RESTING IN HIM! * * * NEW UNITED CHURCH ANNUITY PLAN High on the “Top-Ten Summer Reading List’ of clergy and lay workers this summer is a 32-page booklet with a straight-forward title: “The New United Church Annuity Plan.” Why is this “hot-off-the-press” publication receiving such careful attention from our church leaders? Because long and careful study has resulted in vital improvements in the present U.C.C. annuity plans provided by churches and church-related agencies for their employees. Another reason is an October 31 deadline for members wishing to make certain elections affecting their retirement benefits. The elections are open to members who have not started to receive benefits. The changes are effective January 1, 1977. The new and improved plan for providing retirement benefits for U.C.C. personnel is another example of a support system that will provide more security for U.C.C. employees during both active and retirement years. Living costs that accelerate during retirement rob pension dollars of their purchasing power. The changes in the new pension program are designed to give members every inflation-fighting possibility for their pension dollars up to, and even, during retirement. The new Plan permits members to participate more directly in the investment results obtained by the clergy and laity Funds. The new Plan does this by permitting members to allocate portions of their contributions to a variable annuity account based on common stocks. Dues of members will “buy” Accumulation Units which are like shares in a mutual fund. This is an option available in addition to a traditional fixed-benefit plan. As a result, the Funds are able to credit actual performance to members during their active years of participation. The Funds for clergy and laity have used both variable and fixed investments in the past, but the new Plan permits members to tailor their own pre-retirement program through allocating future dues. Up to 75% of such required dues may be designated for the variable account. Existing accumulations of members in the Funds will be subject to partial allocation to variable accounts, with at least half required to be held in fixed accounts. This election also must be received by the Boards prior to October 31. Executive Vice President John D. Ordway met with staff members of U.C.C. Conferences to explain changes which will be effective January 1, 1977. Conference offices can furnish information about the Plan and additional copies of material for prospective new applicants. In several conferences, seminars will be held for present members of the Funds and others involved. The booklet discusses factors to be considered in making decisions regarding the elections which must be received by the Boards by October 31. Ed’s Clipsheet, Sept. ’76 )
