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210th Assembly Approves Using Revised Compensation Guidelines in


From PCUSA NEWS <pcusa.news@ecunet.org>
Date 21 Jun 1998 20:07:49

Reply-To: wfn-news list <wfn-news@wfn.org>
Interim 20-June-1998 
GA98132 
 
210th Assembly Approves Using Revised Compensation Guidelines in Interim 
 
                        by Bill Lancaster 
 
CHARLOTTE--The 210th General Assembly Saturday approved a recommendation 
from its Mission Coordination and Budgets Committee to use the revised 
Churchwide Compensation Policy Guidelines until the guidelines can be 
approved "by a future General Assembly." 
   Committee moderator Allie B.  Latimer and committee members told the 
Assembly the guidelines needed only small modifications that could be 
completed within the four-month extension given to the Task Force on 
Compensation Guidelines.  The intent is for the task force to complete the 
guidelines and submit them to the 211th Assembly in 1999. 
   The revised guidelines apply to "all compensation plans for the entities 
of the General Assembly and are advisory to other governing bodies and 
Presbyterian-related institutions. Entities include the Office of the 
General Assembly, the General Assembly Council, the Presbyterian Church 
(U.S.A.)  Foundation, the Presbyterian Investment and Loan Program, Inc., 
the Presbyterian Publishing Corporation, and the Board of Pensions," 
according to the guidelines. 
   The guidelines allow "regular employees" to use "equivalent" benefit 
plans other than those of the Presbyterian Church (U.S.A.)  
   New wording also calls on entities to maintain a "reasonable" 
relationship between the highest and lowest salaries.  "Lower levels of 
compensation should be comparable to or better than the average salaries 
paid in the marketplace, but not so far above the average that good 
stewardship of the church's funds is compromised.  Salaries at the top 
levels should reflect a tempering of excessive compensation," the revisions 
state. 
   "Salaries should not fall below a just salary that permits a church 
employee to maintain a decent standard of living," the revisions state. 
   Among the Assembly's final actions was approval of funding for the 
additional items in the mission budget approved during the week's meeting. 
The total of all additional items was $45,841 for 1998 and $293,646 for 
1999.  The money would come from existing funds. 

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