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1925-2017 (Vervaardig)
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2.45 m of textual materials
11 photographs
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The Board of Pensions was constituted in 1929 upon recommendation of the Commission on Benevolent Funds set up in 1925. It was to administer the various benevolent funds of the Presbyterian, Congregational and Methodist Churches in addition to the funds for new ministers of The United Church of Canada. Initially its object was to make provision for aged or disabled ministers and missionaries, and widows and children of those deceased.
The Department of Pensions, established in 1942 with the creation of the new Board of Finance, took over management of the Pension Fund. Other plans were gradually instituted; for example: a Group Insurance Plan in 1952, a Lay Employees Retirement Fund in 1956. The Department also had administration of three special funds for the relief of cases of financial distress, or emergency among ministers, lay employees, and their respective dependents. With the creation of United Church Women in 1962, employees of the former Woman's Missionary Society and its Retirement Fund were integrated into the Church's Pension Fund and Lay Employees Retirement Fund.
In 1985, the Department of Pensions became the Department of Pensions and Group Insurance and held three major areas of responsibility: administration of the Lay Employees Pension Plan and Pension Plan for Order of ministry (now integrated and entitled The Pension Plan); administration of the Church’s national Group Insurance Plan; administration of three special funds for relief (Compassionate Grant Fund, Lay Employees Emergency Fund, and the Special Emergency Fund).
During the reorganization of the General Council Office in 2001, the duties of the Division of Finance were separated into two parts: Financial Services (investments, revenue, expenditure, budget & reporting, facility services) and Financial Stewardship (annual/future revenue generation, bulletin cover production). The Pension Fund was overseen by the Pension Fund Investment Manager. The Pension Board was established by the General Council Executive in April, 2004. In 2009, Financial Services became the Finance Department and Stewardship Services work was transferred to the newly created Philanthropy Unit. Work relating to Pensions and Benefits was transferred to the newly created Ministry and Employment Unit.
From the 1950s to 1971, the Department also had responsibility for two retirement residences in Ontario: LaSalle Garden Apartments in Oshawa, and Albright Manor and Gardens in Beamsville. In 1985, it was renamed the Department of Pensions and Group Insurance.
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Series consists of the following subseries: 1) Agendas and Minutes for annual and executive meetings of General Board of the Superannuation Fund and Pensions Board/Department, 1925-2001; 2) Records of the Pension Board and Pension Board of Trustees, 1984-2009; 3) Records relating to the Pension Fund and Pension Plan, 1926-2001; 4) Administration, Correspondence and Subject files, 1925-1984; 5) Records relating to ministers and missionaries in military service, 1925-1962; 6) Records relating to Woman's Missionary Society, 1956-1969; 7) Records relating to Lasalle Garden Apartments and Albright Gardens, 1952-1983; 8) Records of committees and task forces, 1929-2017; 9) Records relating to the Lay Employee Retirement Plan and Pension Plan for Lay Employees, 1955-1960; 10) Records relating to Group Insurance Administration, 1954-2001.
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Updated by Amanda Zalken, 2018
Updated by Laura Hallman, August 2020