The Beneficiary Fund

The Beneficiary Fund has as its objective the support of Ministers of the Church both in service and particularly in retirement. The Fund is managed by the Trustees while responsibility for the rules and discretionary activities are governed by the Beneficiary Fund Committee. Please direct all day-to-day enquiries to: Pat Griffin, Administration Secretary, Church Property Trustees, (04) 381 8290 or pat@presbyterian.org.nz.

Please direct all enquiries in relation to proposed changes to the Beneficiary Fund to: fundfeedback@presbyterian.org.nz or phone 0800 773 779 (0800 PRESSY)

Proposed changes to the Beneficiary Fund

Fund members, annuitants and parishes have recently received information signalling proposed changes to the Beneficiary Fund. Read more about the proposed changes

General Assembly Decision

At its gathering on 15-19 November 2016, General Assembly agreed to a raft of changes to the ministerial support package for Presbyterian national ordained ministers, including changes to the Beneficiary Fund. Read a summary of the decisions here.

Defined Benefit Section Wind-up Newsletter

Please download the latest Beneficary Fund Defined Benefit Section Wind-up Newsletter here. 

Beneficiary Fund Trust Deed

Beneficiary Fund Deed and Regulations

Deed of Amendment to Trust Deed 30 October 2014

Proposed changes

Changes to the Trust Deed are needed to bring about compliance with the applicable requirements of the Financial Markets Conduct Act (2013) and the Financial Markets Conduct Act Regulations (2014). A resoultion is before General Assembly 2016 to enable the Trust Deed to be changed. A draft of the intended changes to the Trust Deed, as well as a legal opinion re the Trust Deed amendments, are here for those who wish to view them.

Deed of Amendment and Consolidation of the Beneficiary Fund Trust Deed (Nov 2016)

Legal opinion re Deed of Amendment and Consolidation of the Beneficiary Fund Trust Deed (Nov 2016)

Beneficiary Fund Reports and Financial Statements

Beneficiary Fund Financial Statements to 30 June 2016

The Beneficiary Fund 2016 Report to Members is available on request - contact CPT.

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