The Pension Boards and its affiliates are currently composed of 15 elected Trustee board members, and one Trustee member who serves by agreement as a result of their position as General Minister and President of the United Church of Christ. There are also two (non-Trustee) Directors appointed by the Chair serving on the United Church Board for Ministerial Assistance. The governing body numbers are established by resolution and conform to our bylaws. The Pension Boards seeks Trustees and Directors who bring skills and experience relevant to the financial services business.
The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) was signed into law and enacted on March 27, 2020. Although the CARES Act was the third of four stimulus bills to address the growing economic distress being caused by COVID-19, its provisions formed the foundation of what to expect from subsequent stimulus packages.