It's never too soon to start planning for retirement. The earlier you start saving, the more money you will have when you need it.
Sign in to MyCPG Accounts and get pension benefits estimates when it's convenient for you using our online pension calculator1. The calculator uses your Highest Average Compensation (HAC) and years of Credited Service (CS), and provides estimates for up to 3 different retirement dates.
Access MyCPG Accounts from any page on cpg.org by clicking MyCPG (next to the home icon), or Sign In / Create Account at the top right of the screen.
1 For those enrolled in The Church Pension Fund Clergy Pension Plan and The Episcopal Church Lay Employees’ Retirement Plan. Those participating in multiple plans, those receiving long-term disability benefits, and those who have served or currently serve in the military will not have access to the pension calculator because of the complexity of their plans.
When you retire, you may serve in the Episcopal Church and continue to receive pension benefits as long as:
You do not work for pay in the church or institution from which you have retired, unless requested by your bishop and approved by The Church Pension Fund.
Your total compensation from Episcopal Church-related income does not exceed $40,000 as of January 1, 2020 (up from $39,000 in 2019).
Work outside the church does not impact your benefits from the Clergy Pension Plan, unless requested by your bishop and approved by The Church Pension Fund.
For The Church Pension Fund to consider an exception to these requirements, the bishop in the diocese where you are called must:
Write to The Church Pension Fund, explaining why your service in that position contributes to the mission strategy of the congregation or diocese.