NI Presbyterian mutual society, Short of funds for withdrawal?

crazymess

Its seems PMS was registered under Ind and Prov Societies - see page 19.

BETRAYED

ordained wrote: »

Betrayed-- Register under Credit Unions

I have checked page 26 but cannot see "PMS "
If we are registered as a Credit Union then we have a claim under their Compension Fund !!!

Sorry. You will find it at the top right of Page 19 in the document.

That is Page 26 of the PDF document as it appears in the box in the bar at top.

The trouble is Stormont never got the legislation in place.

brick

http://news.bbc.co.uk/1/hi/business/8086997.stm

Extra dosh in HMG's kitty?
Please can PMS get some of it...

Nomad25

but was mainly asking for the thoughts on non church goers

That would be me, in addition I have no financial dealings with PMS/PCI. My previous postings have given my thoughts:

Savers were not aware their status had been changed [to investors].

Any suggestion that responsibility to familiarise oneself with this change is impractical and beggars belief.

Savers are now in the unenviable position of being the ball in a game of ping-pong [DETNI vs HMG vs FSA vs PMS].

Unregulated and inappropriate activities have taken place by the directors of PMS, unbeknown to savers. I don't care if they are getting a hard time - they deserve it [the directors].

Unless a sustained campaign is maintained, all with monies saved in the PMS will be shafted by the main players.

PCI do have a heavy moral, but not legal responsibilty in all this. Their behaviour has been woeful. Even if they were unable to help financially [personally I think they could], they could have acted as a core conduit for information, group lobbying, help and support, especially for older parishioners or those who have no internet access.

Suggestions from any individual in authority in the church that protests/legal proceedings are down to greed or are an unchristian act, should be ashamed of himself.

This whole sorry situation has merely confirmed my cynism towards the church - yet another caring institution who put self-interest above all else.

Presbyterians are expected to be stoical. Their church is relying on this. The whole mess makes me very angry towards PCI.

no_more_f.w.o

Nomad25 wrote: »

T
Suggestions from any individual in authority in the church that protests/legal proceedings are down to greed or are an unchristian act, should be ashamed of himself.

Very perceptive comments Nomad25

It was very significant that when Derek McKelvey spoke those words he got a rousing round of applause from the body of the hall where the delegates were sitting (not the gallery where the savers were sitting)

This can only suggest that the general reaction of the "Assembly" towards the plight of the savers is not sympathetic at all.
We have dared to threaten to sue "one of their own" and now like any other professional body they are closing ranks.
The fact that they are meant to be a "church" with an agenda of compassion and empathy simply does not feature. That fact was made very plain by the applause - it was a chilling moment.

The only way to make them take notice is to hit them in the pocket.

Leave the church

Stop paying FWO

The answer is in my name!

goodbyepci

http://www.publications.parliament.uk/pa/ld200809/minutes/090602/ldordpap.htm


scroll down to

Questions for Short Debate
Time limit 1 hour or 1½ hours
Lord Maginnis of Drumglass to ask Her Majesty’s Government whether they will assist the shareholders of the Presbyterian Mutual Society who have been affected by the Society entering administration.




There doesn't seem to be a date for the debate on the site

BETRAYED

How ironic that the opening words of the moderator before we got into PMS discussions were along the lines............BE CAREFUL WHAT YOU SAY, THIS IS BEING RECORDED AND WE HAVE SOLICITORS WORKING ON OUR BEHALF


Derek McKelvey quotes from scripture that Christians don't sue Christians.
Hope when you have a serious road accident it is a Hindu that is driving the other car.

Ever hear such rubbish.

crazymess

Also was it honourable to denounce the savers in the gallery when we had no right of reply?[/QUOTE]


Agree with you goodbyepci - It was really unfair - however hindsight again - we should have all stood up silently and waited !!!!


Although I cannot believe that all on the floor of the house agreed with Rev McKelvey - Saintfield Road -

I have spoken to Ministers who ??????? perhaps I shouldn't say.

Oh by the way - the Directors are fully responsible for the organisation they were directing - and should not be querying those that want to claim off their insurance. How dare they tell us they knew nothing about all of this and that the paid employees in the office knew it all - I'm afraid Gentlemen - and one lady I think - you were Directors and therefore you need to take responsibility, accountability etc etc. for the show you were directing.


Again I suggest the Office Manager and Directors start to work a little harder with those (us and the lobbying group~) and begin to answer some questions like:

Why did you not get regulated????

If we can find out the answers then we can make a our case stronger.

Surely you MUST know the answer to this!!!!!!!!!

BETRAYED

goodbyepci wrote: »

It's pretty obvious that lawyers were consulted by Church House, at least 2 weeks before the savers were aware that there was anything wrong. So that they could decide on their story, and the necessary tactics to distance themselves from the PMS savers their "brothers and sisters in Christ"

So I don't see how we can now be condemned for following the lead of PCI hierarchy and consulting lawyers?

Also was it honourable to denounce the savers in the gallery when we had no right of reply?

In the city this would be indefencible. Third party knowing before members were informed.
I beleive things are moving. Thanks to our protest etc.

If not ,litigation is my next ploy.
I shall obtain advice from a good barrister and one who isn't a Presbyterian.

freddiemae

BETRAYED wrote: »

How ironic that the opening words of the moderator before we got into PMS discussions were along the lines............BE CAREFUL WHAT YOU SAY, THIS IS BEING RECORDED AND WE HAVE SOLICITORS WORKING ON OUR BEHALF


Derek McKelvey quotes from scripture that Christians don't sue Christians.
Hope when you have a serious road accident it is a Hindu that is driving the other car.

Ever hear such rubbish.

I always remember a bit in the bible about the Devil being able to quote scriptures. I'm sorry to say this but your church looks as if it has abandoned you. The applause from the ministers and the denouncement of the savers' willingness to sue can only mean that they have no intention of using church assets to bail you out. Fair weather friends indeed. When I first moved to Northern Ireland I was amazed at the number of beautiful churches and the faithfulness of the people in attending - little did I know that it was an empty shell- a church prepared to take the savings of the honest hard workers and abandon them in their time of need. Shame on them.