General Information

Answers to Your Questions About Retirement

Q	What is the purpose of the Retirement Plan?
A	The benefits of the Retirement Plan are designed to provide retirement income based on service credit earned prior to January 1, 2000.
Q	Who administers the Plan?
A	The Retirement Plan is administered by the Retirement Plan office located in the North American Division of the General Conference of Seventh-day Adventist, Silver Spring, Maryland, and employees are admitted to the Plan by action of the Retirement Plan Committee.
Q	Do questions in the booklet also apply to service credit in the SDA Hospital Retirement Plan?
A	Not in every case. Service credit was frozen in the SDA Hospital Retirement Plan as of December 31,1991 and a defined contribution retirement plan was initiated in its place. Thus hospital service after that date is not covered in this booklet.
Q	What is the source of funding? (Z 10 25)
A	The Retirement Plan is funded by contributions from participating denominational organizations in Bermuda and the United States. Employees do not contribute personal funds to the Retirement Plan.