A114 Amend Canon I.8.2 on Term of Office for Board the Church Pension Fund

Resolved, That the 80th General Convention amend Canon I.8.2 to read as follows.

<Amended text as it would appear if adopted and concurred. Scroll below the line of asterisks (******) to see the version showing all deleted and added text.>

 Sec. 2. The General Convention at each regular meeting shall elect, on the nomination of a Joint Committee thereof, twelve persons to serve as Trustees of The Church Pension Fund and shall also fill such vacancies as may exist on the Board of Trustees. Except for a Trustee filling a vacancy, the term of service of a Trustee shall begin at the adjournment of the regular meeting of the General Convention at which the Trustee was elected and expire upon the adjournment of the second regular meeting of the General Convention following. Any person who has been elected as a Trustee by General Convention for twelve or more consecutive years shall not be eligible for reelection until the next regular meeting of the General Convention following the one in which that person was not eligible for reelection to the Board of Trustees. Any vacancy which occurs at a time when the General Convention is not in session may be filled by the Board of Trustees by appointment, ad interim, of a Trustee who shall serve until the next session of the General Convention thereafter shall have elected a Trustee to serve for the remainder of the unexpired term pertaining to such vacancy.

 

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<Proposed amended resolution text showing exact changes being made:>

Sec. 2. The General Convention at each regular meeting shall elect, on the nomination of a Joint Committee thereof, twelve persons to serve as Trustees of The Church Pension Fund for a term of six years and until their successors shall have been elected and have qualified, and shall also fill such vacancies as may exist on the Board of Trustees. Except for a Trustee filling a vacancy, the term of service of a Trustee shall begin at the adjournment of the regular meeting of the General Convention at which the Trustee was elected and expire upon the adjournment of the second regular meeting of the General Convention following. Any person who has been elected as a Trustee by General Convention for twelve or more consecutive years shall not be eligible for reelection until the next regular meeting of the General Convention following the one in which that person was not eligible for reelection to the Board of Trustees. Any vacancy which occurs at a time when the General Convention is not in session may be filled by the Board of Trustees by appointment, ad interim, of a Trustee who shall serve until the next session of the General Convention thereafter shall have elected a Trustee to serve for the remainder of the unexpired term pertaining to such vacancy.