The following was mailed to All Finance and SPRC Chairs and Treasurers. It is provided here for your information and 2007 budgeting processes.

The Rocky Mountain Conference
of The United Methodist Church

DATE: September 13, 2006

TO: All Finance, SPRC Chairs and Treasurers

SUBJECT: HealthFlex Rates for 2007, CRSP Calculations, and Insurance Issues

FROM: Jack Ford, Conference Treasurer and Donna Hite, Assistant Pensions Officer, HealthFlex Administrator

HEALTHFLEX:

Attached are the 2007 HealthFlex rates for all Active Participants (Clergy and Lay) for the Rocky Mountain Conference. These rates include dental coverage. The increase this year was only 4.5% (we were expecting about 5%) although claims history reflects some serious illnesses this year.

Clergy Retirement Security Program (CRSP):

The Clergy Retirement Security Program will begin January 1, 2007 for all clergy appointed to churches, district or conference-controlled entities. It is made up of a Core Defined Benefit Plan and a Core Defined Contribution Plan, with Optional Defined Contribution available. Contributions to the Ministerial Pension Plan (MPP) will cease on December 31, 2006.

The funding was presented and approved at the 2006 Annual Conference of the Rocky Mountain Conference in Petition AC 08. It states:

Section I - Clergy Retirement Security Plan (CRSP)

A. Current service funding of the Clergy Retirement Security Plan has been calculated by the General Board of Pension and Health Benefits and will be billed to the Pension office of the Rocky Mountain Conference. The Pension office will direct bill these costs to each local church as follows:

• Each church/charge will be billed $24 per month ($288 annually) for every full-time pastor appointed to that church/charge.
• Each church/charge will be billed $18-$12-$6 per month ($216-$144-$72 annually) for every three-quarter, half and one-quarter time pastor appointed to that church/charge.
• Each church/charge will be billed 12.4% of actual compensation (using salary and housing as the contribution base) of each clergy for every pastor appointed to that church/charge.

These contributions will be made to the Conference Pension office by the salary-paying unit of each clergy.

B. Eligibility and participation are established and defined by the General Board of Pension and Health Benefits.

C. The CRSP billing will be handled through the Conference Pension office."

Comprehensive Protection Plan:

Similarly, the Comprehensive Protection Plan (CPP) for life and disability:

Section II - Comprehensive Protection Plan (CPP)

A. Current service funding of the Comprehensive Protection Plan will be calculated:

1. Using salary and housing as the contribution base, with 200% of the Denominational Average Compensation (DAC) being the maximum base amount, and

2. Using a contribution rate of 3.0%, and

3. Contributions will be made to the Conference Pension office by the salary-paying unit (i.e. the local church, the conference, or other employer in cases of special appointment / employment).

B. Eligibility and participation are established and defined by the General Board of Pension and Health Benefits.

C. The CPP billing will be handled through the conference.

Property, Casualty, and Liability Insurance (also Workers' Compensation and Auto):

The Board of Trustees for the Rocky Mountain Conference are currently reviewing the insurance coverages. Church Mutual and PACT are making presentations to a Sub-Committee and a decision will be communicated as soon as possible.

Please contact me if you have any questions!

Sincerely,

Jack Ford
Treasurer
Rocky Mountain Conference of
The United Methodist Church
jack@rmcumc.com
303 733-3736

Subject: 2007 HealthFlex Premium Rates

Here are the 2007 rates for all active participants. As in previous years, these rates still include dental coverage.

If you live in an EPO area but wish to use a non-network physician, you may do so by choosing to pay an additional monthly cost.

Dental Options

The dental coverage you are now provided is the least expensive plan, but if you are in the HMO, you may choose the dental indemnity plan by paying an additional cost. The additional amounts per month for 2007 are:

Please call Donna Hite ext 150 or Jack Ford ext 151 at the Conference HealthFlex office if you have any questions.

Donna Hite, Assistant Pensions Officer, HealthFlex Administrator
Phone extension 150 or direct line 303-325-7050 e-mail: donna@rmcumc.com

6110 Greenwood Plaza Blvd. Greenwood Village, CO 80111 - 303-733-3736 - 1-800-536-3736 - www.rmcumc.org