Hi Dan,
You are right to be concerned. This movement has been around, in various versions, for about 30 years. It began when Norman Shepherd, a former professor at WTS (Phila), began to teach that we are justified by "faith
and works. He then modified his rhetoric by speaking of our "faithfulness" or "covenantal faithfulness." According to Shepherd Jesus had faithfulness and God approved of him and you need to have faithfulness and God will approve of you. Shepherd also reconfigured covenant theology so that there are not three distinct covenants: covenant of redemption (between the Father and the Son from eternity), the covenant of works (before the fall between God and Adam (and all humanity in Adam), and the covenant of grace after the fall. Now, according to Shepherd there is a covenant of works/grace before the fall and grace/works after the fall.
Shepherd's followers have denominated themselves "the Federal Vision," as if they are the first folk to think about "Federal" (or covenant) theology! They have it that every baptized person is, by virtue of their baptism, united to Christ, elect, justified, adopted etc. The catch is that all these benefits are, as Chris Stamper mentioned,
conditional. What's the condition? You have to do your part. You have to keep your part of the covenant. If you do, then you'll persevere. If you don't then you'll fall away and lose all the benefits you were graciously given in your baptism.
This movement also tends to push paedo (infant) communion and not a few of its adherents have actually become Roman Catholic. Others seem to be headed toward forms of Eastern Orthodoxy. I've chronicled some of these events at the
Heidelblog.
The archive is here. Unfortunately, Squarespace has done something goofy and I have to re-assign manually all 139 entries in that category so it may take some time.
The errors of the FV movement have been categorically and specifically ejected by most of the NAPARC (National Association of Presbyterian and Reformed Churches) denominations including the OPC, PCA, URC, RCUS, and OCRC.
Dan Kok already provided a link to the
resource page at my sem site.
There is a
popular pamphlet here:
that introduces these questions, which you can find there. I've also just completed an
Exposition of the Nine Points adopted by the URC last summer during its Synod.
Our faculty has also
published a book on these questions:
I know people are tired of this question and no one is more tired of it than I (!) but covenantal moralism is like a weed. If you don't keep after them, they spring up again and over run the whole yard.
Blessings on your studies.
rsc