Trusts |
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PENSION TRUSTEES
Pension schemes
The Pension Trustees are responsible for the Church's
following three pension schemes:
- For ministers and overseas missionaries.
- For staff.
- For the Board of National Mission.
(Note: while the Board of National Mission was included
in the major restructuring of the Church's internal
departments in 2005, the pension scheme title currently
remains. It is primarily concerned with the pension
scheme for deacons.)
The benefits provided by the three pension schemes
differ in detail, but all exist to provide a pension
to the scheme member and their dependants on death,
and a lump-sum death benefit in the event of death in
service. Members of these schemes also have the option
to make additional voluntary contributions.
The Pension Trustees remit
The trustees' duties and powers are detailed in trust
law, pensions acts and other regulations, but their main
duty is to administer the pension schemes and invest the
scheme funds accordingly.
The investment of the funds is delegated to external
investment managers under the guidelines and investment
principles set up the the trustees. These managers are:
Baillie Gifford and Co., Newton Investments Management
Ltd and Tilney Fund Management.
Membership
Six trustees are appointed by the General Assembly and
members of the schemes (or the employing agency of the
Church) nominate up to three trustees for each scheme.
The chairman is D. D. Fotheringham and vice-chairman is
W. J. McCafferty. Sirkka Dennison is the secretary of
the trustees and pensions manager.
Election announcement
Monday 28 April 2008
The Church of Scotland Pension Scheme for Staff.
Election of member nominated trustee
Following the closing date for the above election, the successful candidate is:
Mrs Pauline Willder
Contact us
For further information about any of the Church of Scotland
pension schemes please email
Or you can contact:
Sirkka Dennison
The Pensions Manager
Church of Scotland
121 George Street
Edinburgh
EH2 4YN
Telephone: 0131 225 5722
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