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Pensions Overview

Pensions

Revisions to Clergy Pension Plan and Related Products

The Church Pension Fund has announced revisions to the Clergy Pension Plan and related benefits. These revisions will maintain the overall value of the benefits provided today and will offer greater flexibility, consistency, and simplicity.

For more information, click here.

 

PlanAhead For Retirement® Calculator

NEW! The PlanAhead online calculator has been updated to include the new Clergy Pension Plan revisions, expected to become effective January 1, 2018. The revised calculator also allows bi-vocational clergy to include salary and benefits they may earn through a secular position as well as through their position in the Episcopal Church.

Use our PlanAhead For Retirement® calculator to:

  • See if your financial plan is on track for retirement.
  • Learn ways to improve your plan.
  • Make more educated decisions about your investments.

 

Your Taxes

Tax laws affecting clergy are complex. Our guide can help answer many of your questions regarding federal income tax, including:

  • Who qualifies as a minister for federal income tax purposes?
  • How much income must I earn before being required to file
    a return?
  • Can I use the simpler Forms 1040-A or 1040-EZ rather than the standard 1040 Form?

Download our 2017 Tax Guide for Episcopal Ministers (for 2016 Tax Returns).

 

What Are My Benefits?

Your pension plan provides much more than a monthly benefit. While you are an active cleric, you can count on:

...along with conferences to help you plan your future. Review your pension benefits.