Wednesday, January 4, 2017

Methodist Supernumerary Fund

In the context of my recent suggestion that retired ministers in the Methodist Church might have some claim on the funds created from the sale of Prince Albert College, I am delighted to hear that the PAC  (among other funds in the church) is advancing a loan for a new capital fund to bring pensions up to date. An initial payment is to be made to all concerned shortly.
As I said previously, I don't think it's at all inappropriate that the ministers' children's school of the 1830s should be indirectly involved. In view of PAC's long association with education of Maori children also, it is very significant that Te Taha Maori is also contributing to the new fund.

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