Missionary Pension Fund Policy

MW USA’s primary guideline is to use the Missionary Pension Fund interest to meet needs of missionaries not available through mission resource funds. This is keeping with our understanding of the original intention of the Missionary Pension Fund donors when they assisted missionaries with retirement needs, something not available at that time from mission agencies.

At the February 20-21, 2004 board meeting the MW USA board of directors selected two criteria for use of these funds out of six possible ideas presented by MMN directors. The criteria selected are listed here from the minutes of the February board meeting:

Missionary Pension Fund: The Finance Committee recommends using Missionary Pension Fund interest for health/mental health crisis leaves and funeral travel expenses. Funds would be used for both men and women per the original intent of the fund. MW USA would give Mennonite Mission Network the discretion to use the funds with the understanding that they will send MW USA a yearly report about how the funds are used.

ACTION NO. 3: To release interest from the Missionary Pension Fund to Mennonite Mission Network to be used for health/mental health crisis leaves or funeral travel expenses for mission workers. (Nancy Sauder/Juel Yoder Russell). Carried.

If needs such as the above do not occur in a given year, the amount can continue to accrue. Mennonite Women USA requests a report from Mennonite Mission Network annually for the spring board meeting.