Supporting the Changing Church Robert W. Maggs Jr. President and Chief Executive Welcome Focus on the Changing Church 2 “Nothing is more responsible for the good old days than a bad memory.” - Franklin P. Adams The Challenges of Change • Maintaining a sound benefits plan and financial assistance for those who serve and have served, through times of change • Making decisions for the long-term benefit of members • Operating effectively in a rapidly changing environment 4 The Challenges of Change (cont’d.) • Financial resources of critical importance • Human resources hold the most promise Financial and human resources are essential to our focus. 5 Considerations • Expect the Church to be • Smaller • Less connectional • Expect diminishing financial resources • Maintain responsibilities to those who serve through • Assistance programs • Education programs • Benefit plans/programs 6 Considerations (cont’d.) • What we provide • How we provide • How we fund our mission 7 The Needs of Those who Serve • Our leaders need: • Competencies, talents and skills • To be heard and to listen • To recognize diversity • Up-to-date credentials • Ongoing training • A willingness to learn and adapt 8 The Needs of Those who Serve (cont’d.) • Our Leaders need: • Proper compensation, good benefits and personal recognition • Attention and support • Rewards and recognition systems • Time with family/time to rejuvenate • Guidance along their path 9 Addressing the Needs • Changing from outside • Taking a new approach • Changes from within • Adequate for the future 10 Addressing the Needs (cont’d.) • Responsibility for introducing change • Chart courses for the future • Make institutions stronger and ministries grow 11 Demonstrating Our Witness • Spending time and effort looking after our leaders • Keeping to our mission • Ability to pay benefits • Funding for a generous healthcare plan Board of Pensions projections show that a declining membership will not have a materially adverse effect on our ability to pay benefits. 12 Medical Plan Priorities • Maintain a generous healthcare plan • Provide for our members in illness • Ensure method for dues is progressive, salarybased and reflective of philosophy of “community” • Develop an evolutionary approach • Recognizing tight church budgets, provide for some local decision making 13 Medical Plan Priorities (cont’d.) • Allow dependents the opportunity to choose alternative coverage • Understand outside influences on denomination • Dues allocation changes 14 Conclusion The Board of Pensions will: • Continue to listen • Address the issues • Make responsible and prayerful decisions • Be mindful of all of our human resources We must never forget that our mission is a critical part of the welfare of the human resources of the PC(USA). 15 “The mind, once expanded to the dimensions of larger ideas, never returns to its original size.” - Oliver Wendell Holmes
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