Board of Pensions

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4405. Government. All matters pertaining to Wesleyan Pension Fund Inc shall be administered by a Board of Pensions who shall govern Wesleyan Pension Fund Inc in accord with The Discipline (4570) and its articles of incorporation and bylaws. The Board of Pensions is amenable to the General Board. 4410

(1) The Board of Pensions of Wesleyan Pension Fund Inc shall be and constitute the Board of Pensions of The Pilgrim Pension Plan, Inc., which corporation shall continue in full force and effect until such time as all of its liabilities shall have been satisfied and discharged, at which time any remaining assets thereof shall, insofar as may be legal, by appropriate action of the General Conference be paid over to and become a part of Wesleyan Pension Fund Inc.