Issue link: https://read.dmtmag.com/i/74535
• Number of Insurance and Annuity Certificates issued • Death Claims paid on Life Certificates • Death Claims paid on Annuity Certificates • Cash Surrenders on Life Certificates • Cash Surrenders on Annuity Certificates • Lapsed Life Certificates • Cancelled Certificates • Declined Certificates National Secretary Patricia DeNys handed out the amended Constitution and Laws that were approved by the Illinois Department of Insurance on January 1, 2012. She reported that the Constitution and Laws amended at the National Convention in 2010 would be sent to all National Delegates seated at the National Convention. Court Presidents would be receiving their copy along with the Court Operating Expense check. They would be advised to share the Constitution and Laws with their court members. If extra copies were needed they can request them. The Constitution and Laws is also on the NCSF Website at www.ncsf.com. NATIONAL PRESIDENT'S REPORT Compliance Issue: • The Civil Union & Insurance Benefits Act is an issue that needs to be completed by June 1st. We are to inform every certificate holder written in Illinois, that we recognize same sex marriages. This is against our beliefs; we are working with other Fraternals and councils to present this delicate issue to our members. Defined Benefit Pension: • Pension Actuaries Joseph Nichols of McCloud & Nichols and Brad Barlow of Barlow Pension Consulting visited us in the Home Office to review our pension valuation for 2011. • Restatement for Defined Benefit Plans: all "pre-approved" (approved by the Internal Revenue Service) defined benefit plans such as NCSF Retirement Plan must be restated into a new document every six years. The due date for restatement is April 30, 2012. To retain our qualified status we must comply with the Economic Growth and Tax Reconciliation Act of 2001. Vendor Selection: We meet and get at least three bids from vendors. • Janitorial: We accepted a bid from Vanguard of $781 a month. We were paying $1500. Vanguard started March 1st. • Coffee • Office Suppliers • Phone Companies • Employee Medical Insurance Sales/Marketing • GA Contract: Final changes from our attorney, ready for Board approval. • Marketing Committee: Spring Fling contest for life products. • Top Life and Annuity Producers: I presented a 2011 Top Producer award to John Hill in Wisconsin, and a 2011 Top Annuity Producer award to Gordan Gully in Minnesota. Court Travel: • I visited courts in Minnesota Lake, New Ulm, Shakopee, and Wabasha, Minnesota. They informed me about projects that they are working on in their communities. Disaster Recovery: • IBM/Genelco (Power 7) • Documentation on plans after a disaster: – Relocation Site – Mail – Key employees The annual statement was reviewed and sent to all the appropriate states. Meeting recessed at 9:40 p.m. Committee meetings were held later at Country Inn and Suites. Thursday, March 22, 2012 The March quarterly meeting of the Board of Directors of the National Catholic Society of Foresters was called to order by National President Margaret Babinat on Thursday, March 22, 2012 at 8:00 a.m. in the board room of the Home Office. All continued on page 14 Summer 2012 — www.ncsf.com 13 – Phone System – Banking