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Emeritus Fund of the Free Reformed Churches of Australia (Inc)
The Emeritus Fund is a voluntary cooperative savings fund established by the
Free Reformed Churches of Australia (FRCA) in 1987 to provide financial assistance to the
individual member churches so that they are better equipped to fulfil their responsibilities
with respect to the support of their ministers and missionaries as prescribed by Article 13
of the
Church Order
of the Free Reformed Churches of Australia.
Typically this will occur at such time as a minister retires or can no longer serve because of early death or a disability that renders him unable to fulfil his ministry prior to reaching age 65.
The Fund is a registered incorporated entity managed by an elected Board in accordance with the Constitution and is tax exempt.
History and Membership
The foundation members of the Fund are:
- FRC Armadale
- FRC Kelmscott
- FRC Byford
- FRC Mount Nasura
The collection of contributions – levied on the number of communicant members as at the 1st of January in each calendar year – commenced in 1988. Other congregations subsequently joined and where due to growth they spawned a new church, these new congregations in each case elected to join the Fund.
- 1990 – FRC Launceston joined
- 1991 – FRC Albany joined
- 1993 – FRC Rockingham joined
- 1995 – FRC West Albany joined
- 1997 – FRC Legana joined
- 1999 – FRC Southern River (then West Kelmscott) joined
- 2002 – FRC Bunbury joined
- 2004 – FRC Darling Downs joined
- 2008 – FRC Baldivis joined
- 2010 - FRC Mundijong joined
Since 1997 all Free Reformed Churches within Australia have joined and retained their membership of the Fund.
The Board – 2010
The Board comprises the following members:
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Chairman
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to be elected from members
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Secretary
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R Allingham (Mt Nasura)
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Term expires 2014
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Treasurer
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J M Bonker (Southern River)
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Term expires 2011
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Members
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S Bosveld (Bunbury)
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Term expires 2011
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D Bosveld (Rockingham)
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Term expires 2011
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J Versluis (Armadale)
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Term expires 2013
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J Van Burgel (Darling Downs)
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Term expires 2015
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Board members are elected for a 5 year term and can be re-elected for a successive 5 year term (maximum) except the Treasurer who, after 10 years, can be re-elected annually for an indefinite term.
Constitution and Bylaws
The governance and management of the Fund is regulated by its
Constitution
and
Bylaws.
Registered Address
The registered address of the Fund is:
9 Tipuana Place
THORNLIE WA 6108
Tel: 08 9493 1206 or 0417 969 208
Email: jbonker (at) bigpond.net.au
All correspondence and enquiries should be directed to the above address.
Board Policies
The Board Policies of the Emeritus Fund are available
here.
Annual Reports
Making Benefit Claims
Please refer to latest Annual Report.
Declared Benefit Amounts
The 2010 maximum annual benefit payable to a member church that qualifies is $34,750.
In previous years the benefit amounts were as follows:
- 2001: $25,200 p.a.
- 2002: $26,325 p.a.
- 2003: $27,075 p.a.
- 2004: $27,800 p.a.
- 2005: $28,773 p.a.
- 2006: $30,000 p.a.
- 2007: $31,350 p.a.
- 2008: $32,500 p.a.
- 2009: $33,500 p.a.
last updated 26 Apr 2010
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