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210th Assembly Approves Using Revised Compensation Guidelines in
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PCUSA NEWS <pcusa.news@ecunet.org>
Date
21 Jun 1998 20:07:49
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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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