September 5, 1996 -- Kitchener, Ontario, Canada.
Penad Pension Services has been contracted to provide third-party administration and consulting for the Canadian Council of Christian Charities.

Itself a registered charity, the Council is a national association of evangelical and church-based charitable organizations. For the past 24 years, it has established norms and enforced strict standards of financial accountability and organizational integrity. Its 900-member money-purchase plan is a multi-employer arrangement, pooling plan members from nearly 50 different employers.

"It’s a challenge to provide personalized service for each of the many bodies represented by this umbrella organization," commented Dan Blokland, Vice President of Penad. "Penad’s highly efficient administration system will make it possible for CCCC’s plan members to receive the level of service that they require."