2019 COLA Decision

The Church Pension Fund Board of Trustees (CPF Board) approved an annual 2.8% COLA, effective January 1, 2019, to the monthly pension benefit for retirees and beneficiaries of The Church Pension Fund Clergy Pension Plan and the International Clergy Pension Plan.

The CPF Board did not grant a COLA to retirees and beneficiaries of The Episcopal Church Lay Employees’ Retirement Plan.

See COLA for more information.

Observing a Century of Service

When The Church Pension Fund (CPF) began operations in 1917, Bishop William Lawrence set out to create a pension fund that would enable clergy to retire with dignity. Since then our charter has expanded to include other products and services, and to cover lay employees who are critical to the Church’s ability to fulfill its mission.

A century later, Bishop Lawrence’s intention lives on in our vision, which is to provide our clients with the highest possible level of financial security in retirement consistent with exemplary financial stewardship on our part and with the evolving needs of the Church.

Learn more about how CPF continues to serve the changing needs of the Church.

2018 DHP Annual Report

Read the report summarizing recent developments with the The Episcopal Church’s Denominational Health Plan (DHP).

Clergy Deployment Trends

Learn how clergy deployment trends have changed in the Episcopal Church.