Lay employee pension system approved
With the 76th General Convention's approval of Resolution A138, the Church Pension Fund will now become the sole administrator of the lay employee pension system of The Episcopal Church.
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Defined contribution plan (DC)
Most popular downloads
| DEFINED CONTRIBUTION PLAN | View |
|---|---|
| Employer's Guide & Applications |  |
| New 403(b) Regulations: Frequently Asked Questions | |
| Employee Application | |
| Participant Change Form (DC plan) | |
| Employee's Guide | |
All forms and publications
Details for administrators
Details for lay employees
Complete enrollment package
Reminder for Administrators
Adoption Agreement due
To accept contributions to the DC plan in 2010, CPG must receive an updated Adoption Agreement from each participating employer.
About the DC plan
The Episcopal Church Lay Employees' Defined Contribution Retirement Plan is a 401(a) and 403(b) plan with Fidelity Investments. Employers contribute a percentage of salary, and employees may also contribute up to the limits set by the IRS.
Individuals may allocate funds among several investment options. Benefits vary based on investment performance.
Defined benefit plan (DB)
Most popular downloads
| DEFINED BENEFIT PLAN | View |
|---|---|
| Guide to Benefits: Lay Defined Benefit Plan | |
| Reference for Administrators: Lay Defined Benefit | |
| Employee Application | |
All forms and publications
Details for administrators
Details for lay employees
About the DB plan
The Episcopal Church Lay Employees' Retirement Plan is a defined benefit pension plan. Benefits are based on compensation and length of service. They are assured for the duration of retirement and never decrease.
Employers pay a percentage of salary toward each employee's pension. Employees may not contribute, but may wish to save through the Retirement Savings Plan.
Need help?
Call Pension Services
(866) 802-6333
Monday - Friday
8:30 a.m. to 8 p.m. (Eastern)
or email us
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