Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: tom h

I know of congregations taking a loan against the assets, creating a separate trust fund, and then leaving, using the trust fund to buy their new land or building.

The old leverage used to be the pension fund, too. Ministers lost all rights for thinking about leaving. In one famous case a widow left the ALC and lost her benefits. When she rejoined, her benefits were still taken away. That scared the pants off of most clergy. Some still think the pension belongs to the synod, not to the person.


11 posted on 01/23/2006 6:42:13 AM PST by sine_nomine (Every baby is a blessing from God, from the moment of conception.)
[ Post Reply | Private Reply | To 10 | View Replies ]


To: sine_nomine
"The old leverage used to be the pension fund, too. Ministers lost all rights for thinking about leaving. In one famous case a widow left the ALC and lost her benefits.

There's one hierarchy that doesn't take the Book of James' definition of "true religion" seriously.

"----To hell with the widows, we want our perks!"

20 posted on 01/23/2006 9:02:37 AM PST by cookcounty (Army Vet, Army Dad.)
[ Post Reply | Private Reply | To 11 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson