Single Defined Benefit Plan Sample Contracts

CHURCH OF THE NAZARENE SINGLE DEFINED BENEFIT PLAN
Single Defined Benefit Plan • March 11th, 2022

THIS AGREEMENT made as of this 16th day of October, 2014 by and between The Church of the Nazarene, Inc. (f/k/a the General Board of the Church of the Nazarene), a Missouri nonprofit corporation, and the Board of Pensions and Benefits USA of the Church of the Nazarene, Inc, a Missouri pro forma decree corporation, hereby amending and restating in its entirety the Church of the Nazarene Single Defined Benefit Plan. It is the intention of the Church that this Plan be a qualified plan under Section 401(a) of the Internal Revenue Code as in effect on the day before enactment of the Employee Retirement Income Security Act (ERISA) in 1974. This Plan does not elect to comply with ERISA. Effective as of January 1, 1996, the General Church Pension Plan of The Church of the Nazarene (The “General Church Plan”) merged into the “Basic” Pension Plan for Churches on Participating U.S. and Canadian Districts (the “Basic Plan”) and the name of the Plan was changed to the Church of the Nazarene Single

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