Te District Superintendent’s Pension Plan (CRSP) shall be paid from the District Superintendents’ Fund. Te District Superintendent’s Comprehensive Protection Plan (CPP) shall be paid from the Clergy Support apportioned funds.
Te District Superintendent’s individual health insurance premium in the conference health plan shall be paid from the District Superintendent’s Fund. Te superintendent may purchase dependent care coverage from the conference health insurance plan.
Accidental Death and Dismemberment Insurance in the amount of $200,000 shall be provided for each District Superintendent. Te family of the insured shall be named as beneficiary.
Each district superintendent is eligible for an annual continuing education grant of up to $1,000. Te grant will come from the District Superintendents’ Fund and will be paid by voucher. Te request for funds must meet the same criteria as set forth for continuing education funds by the Board of Ordained Ministry.
It is recommended that district superintendents be granted a parsonage furnishings allowance of up to $7,000 for tax purposes. Tis amount is also recommended for all clergy persons serving on the conference staff.
I. Te Council on Finance and Administration will provide Directors, Officers and Trustee Legal Liability Insurance for the officers of the Annual Conference, the District Superintendents, Conference Board of Trustees, the Treasurer of the Annual Conference, the officers and members of the Council on Finance and Administration, the Mission Council, the Ordained Ministry Team, and the Clergy Support Team.
J. TREASURER’S BONDING 1. Te conference treasurer is bonded in the amount of $1,000,000 by the
General Council on Finance and Administration. Tis bonding is provided through our support of General Church apportionments. 2. With the Annual Conference providing a conference wide property and
casualty insurance program through Te United Methodist Property and Casualty Trust, bonding for local churches is included in the coverage. Tis is to meet the requirements of the Discipline, Paragraph 258.4b. Securing additional bonding may be advisable.
K. INVESTMENT POLICY 1. All interest earnings on funds raised through conference apportionments
shall be credited to the Conference Reserve Fund. 2. Cash assets of the conference are to be handled in a manner that will
insure adequate liquidity to protect the safety and soundness of all funds. A basic consideration is to maximize the income of the conference while insuring that bank balances adequately cover the day-to-day operations of the Treasurer’s Office. 3. Funds of the conference are to be placed in federally backed investments. 4. Foremost in consideration of this policy is the maintenance of adequate funds and the avoidance of speculative investments.
F-30 2010 Missouri Conference Journal
Rules & Policies
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