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Southwestern

Thomas E. Miller Jr.

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Patterson suggests widows could be SBC prayer force

DALLAS (BP)–Paige Patterson, president of Southeastern Baptist Theological Seminary at Wake Forest, N.C., and current president of the Southern Baptist Convention, spoke to trustees of the Annuity Board of the Southern Baptist Convention Nov. 3. The educator, who serves as a trustee by virtue of election to the convention presidency, spoke on three texts from […]

Annuity Board reports positive despite financial market turmoil

DALLAS (BP)–Trustees of the Annuity Board of the Southern Baptist Convention heard positive third quarter reports from management despite sharp market declines in July and August. They adopted a $44.4 million operating budget for 1999 and heard a message from Paige Patterson, president of the Southern Baptist Convention.Meeting in Dallas Nov. 2-3 for their regular […]

Annuity Board asks help finding retirees in need

DALLAS (BP)–The Annuity Board of the Southern Baptists Convention is asking laypersons, active pastors and association directors of missions to help locate retired ministers or their widows in financial need. O. S. Hawkins, president of the Annuity Board, said the agency needs assistance because “these dear people often are reluctant to ask for help. We […]

Annuity Board assets near $7 billion; trustees hear reports and take action

SAN ANTONIO, Texas (BP) Trustees of the Annuity Board of the Southern Baptist Convention met in San Antonio, Texas, Aug. 3-4 and received a series of record-setting financial and statistical reports from the agency’s president, O. S. Hawkins. In his report for the second quarter of 1998, Hawkins said total assets of the board stood […]

KVI to provide administrative services for SBC Annuity Board medical plans

SAN ANTONIO, Texas (BP)–The Annuity Board of the Southern Baptist Convention is contracting with Kirke-Van Orsdel of West Des Moines, Iowa, to take over administrative services for its self-funded medical, group dental and long-term disability plans. The current administrative services only (ASO) arrangement with Prudential Insurance Company will be terminated in a three-step process that […]

Annuity Board organization preparing for next century

DALLAS (BP)–O. S. Hawkins, president of the Annuity Board of the Southern Baptist Convention, announced a new organization structure that he said is designed to prepare the board to be second-to-none in servicing the Southern Baptist constituency into the next century. The Annuity Board, with assets nearing $7 billion, is the provider of retirement, insurance […]

Hawkins upbeat in annual report as Annuity Board trustees meet

DALLAS (BP)–O.S. Hawkins told trustees of the Annuity Board of the Southern Baptist Convention his first months as president “exceeded my most optimistic expectations,” as the trustees met in Dallas to receive the 80th annual report of operations. The meeting Monday and Tuesday, Feb. 23-24, was characterized by celebration of investment results, growth in number […]

New COO and investment head named for SBC Annuity Board

DALLAS (BP)–O.S. Hawkins, president of the Annuity Board of the Southern Baptist Convention, has named one veteran officer and one new employee for two of the top management positions at the board. He told staff Feb. 18 he has chosen John R. Jones, 44, senior vice president and executive officer for investment services, to become […]

Rate increase again avoided in Annuity Board medical plan

DALLAS (BP)–Comprehensive medical plan rates in the Personal Security Program (PSP), offered by the Annuity Board of the Southern Baptist Convention, will enter 1998 without a rate increase. There has been only one rate increase for the plan since 1992.Actuaries and consultants concluded the plan could go forward at its present rates, Virgil V. Ayres, […]

Board increases assistance to retirees, widows in need

DALLAS (BP)–More than 2,700 retired Southern Baptist workers — most of them pastors or widows — receiving Adopt An Annuitant benefits will see a 50 percent increase in their monthly income supplements at the end of January 1998.Meanwhile, nearly 600 relief recipients supported by the convention’s Annuity Board will receive a 10 percent increase. Relief […]