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In accepting the recommendations of the Commission on General Board Organization, the
General Board approved the creation of the office of Pensions and Benefits—International.
These actions were ratified by the 1985 General Assembly.
The creation of this office grew out of the implications of "internationalization" and the need
to provide consulting services to world areas desiring to establish pension plans. Also the need
for the General Board to be informed better on the existence and stability of the pension plans
that are already in existence became apparent.
The duties of Pensions and Benefits—International include the following elements:
- To develop and maintain generic guidelines for pension programs denomination-wide.
- To provide counsel to Nazarene entities desiring to implement pension programs.
- To review proposed charters for new pension programs for consistency with the
generic guidelines in (1) above.
- To provide for ongoing review and monitoring of pension programs denomination-wide.
Pensions and Benefits—International is accountable to the General Treasurer/Headquarters
Financial Officer.
The recommendations and reports that it presents to the General Board are made through the
Finance Committee of the General Board.
Dr. Don Walter serves as the Director of Pensions and Benefits—International. He was first elected to this position in February 1994.
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