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Friends Pension Plan Committee

 Collection
Identifier: QM-Phy-333

Scope and Contents

Three volumes containing the minutes of the Friends Pension Plan Committee, from 1977-1990.

Dates

  • 1977-1990

Limitations on Accessing the Collection

Collection is open for research. Access may be provided via digital or microfilm copy, per repository policy.

Copyright and Rights Information

Copyright has not been assigned to the Repositories. All requests for permission to publish or quote from manuscripts must be submitted to the individual Meeting or its successor. Permission for publication is given on behalf of the Repositories as the holder(s) of the physical items and is not intended to include or imply permission of the copyright holder, which must also be obtained by reader.

Biographical / Historical

In 1958, the Audit and Budget committee recommended appropriations for a retirement plan for Yearly Meeting Office staff and committee members. This became the Pension Fund by 1959, and formed the basis for the Philadelphia Yearly Meeting Pension Plan. The Pension Fund was handled by the Representative Meeting, and provided retirement income to staff of the Philadelphia Yearly Meeting, Friends General Conference, and other affiliated groups, including Monthly Meetings.

The pension plan was set up in 1958, adjusted to allow two retiring staff members to receive pensions in 1960, and deemed satisfactory by the Pension Committee and the Representative Meeting in 1963. In 1967, the retirement age was changed from 68 to 65. In 1968, the Representative Meeting reported further adjustments to the plan, and noted that it was jointly sponsored by the Friends General Conference and the Philadelphia Yearly Meeting.

The Pension Committee includes members appointed by Philadelphia Yearly Meeting and Friends General Conference to administer the Pension Plan. Today, the General Services Standing Committee recommends appointments to Friends Pension Fund, usually for three year terms.

Extent

1.5 Linear Feet (3 volumes)

Language

English

Overview

The Friends Pension Plan Committee was created in 1958 to oversee the disbursement of the Friends Pension Fund, which provides retirement income to staff of the Philadelphia Yearly Meeting, Friends General Conference, and affiliated meetings and committees. Records consist of meeting minutes, 1977-1990.

Immediate Source of Acquisition

Deposit
Title
FRIENDS PENSION PLAN COMMITTEE
Subtitle
A Finding Aid for its Records Deposited in Friends Historical Library of Swarthmore College
Date
2004
Language of description
English
Script of description
Latin
Language of description note
English

Find It at the Library

Most of the materials in this catalog are not digitized and can only be accessed in person. Please see our website for more information about visiting Quaker Meeting Records at Haverford College Quaker & Special Collections and Friends Historical Library of Swarthmore College Library