An employee, who has at some time during his/her denominational employment been moved at denominational expense, may be granted assistance in the form of reimbursement for actual moving expenses or at the employer’s option a cash settlement on moving expenses to the place of retirement according to the following provisions:
- Over Thirty Years of Service. When an employee who has given 30 years or more of denominational service retires the employing organization may arrange to pay the moving expenses, including mileage, tolls, motel and per diem by the most direct route based on 500 miles per day to the place of his/her choice in the North American Division.
- Under Thirty Years of Service. An employee who has served less than 30 years may receive assistance on the pro-rated portion of the maximum weight allowance.
- Arrangement. This arrangement is to be made within a period of five years after retirement unless some other definite arrangement is approved by the Human Resources Committee and is limited to one move only.
- Division of Expense. In cases where both spouses are denominationally employed at the time of retirement but by different organizations, both employers shall equally share in the cost of the move to the place of retirement if both spouses are vested for retirement benefits. If one spouse is not vested, the moving assistance shall be paid by the employer of the spouse who is vested.
- Taxable Income. This moving assistance is taxable income as required by the IRS. The retiring employee is, therefore, responsible for this tax obligation.