Petition 80168

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Early Retirement (80168-MH-¶359.2b)

Amend the Book of Discipline, page 266, ¶359.2b to read:
  b). With thirty-five thirty years of service or at age Sixty two—At their own request and by vote of the clergy members in full connection, any clergy members who have attained age sixty-two on or before July 1 in the year in which the session of the annual conference is held or will have completed thirty-five thirty years of service under appointment as an ordained minister, or a local pastor with pension credit for service before 1982 or with full participation in the Comprehensive Protection Plan since 1981,  as of the conference session may be placed in the retired relation with  an annuity claim for an actuarially reduced pension (see par.1506.4i).

Rationale

The ten year increments of retirement reflect the trend of today’s world.  Some pastors will welcome the early retirement for various reasons.   This would offer retirement at 20 years, 30 years, and 40 years of service.