Pensions for Clergy
What every Pension Administrator should know
The Church Pension Fund provides a comprehensive, defined benefit pension plan for Episcopal clergy and their families:
- Benefits are assured, even if financial markets decline. Retirement benefits are determined at the time of retirement and whenever cost of living adjustments are made.
- Funds are pooled. Contributions from church employers, based on a percentage of clergy compensation, are invested in a general fund of pooled contributions from employers of all paid clergy in the Episcopal Church. The plan does not create separate funds for individual clergy.
- Benefits are comprehensive. By pooling investments, the Church Pension Fund is able to provide a comprehensive plan for financial security throughout active ministry, in addition to retirement benefits.
- Benefits are portable within the church. Clergy carry pension and other benefits with them wherever they work in the church. They continue to build pension credit based on years of service, as long as the required assessments are paid.
Most popular downloads
| Download | View |
|---|---|
| Reference for Pension Administrators - Clergy Pension Plan |  |
| New Assignment Notice | |
| Report Change in Cleric's Compensation/Duties | |
| Guide to Benefits Under the Clergy Pension Plan | |
Paying assessments
Assessments are required by Canon law and must be paid for clergy who participate in the plan.
Late payments may jeopardize benefits and result in interest charges.
Updating information
Incorrect information places benefits at risk. We rely on you and the clergy you employ for accurate information about compensation and changes in status. Report changes
Questions?
Call Pension Services toll-free:
(866) 802-6333
Monday - Friday
8:30 a.m. to 7 p.m. (Eastern)
*Our online documents are available for immediate download and viewing using Adobe's FREE Acrobat Reader.