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Common Questions

When should I start planning for my retirement?

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.

How can I determine what my pension benefit will be?

  • Call (866) 802-6333 to request an estimate
  • Fax a request to (8877) 432-9274, or
  • Email us  

How much does it cost to attend a Planning for Tomorrow Conference?

The Church Pension Fund partially underwrites the cost of the Planning for Tomorrow Conferences, so your only out-of-pocket costs are travel and half the cost of meals and lodging.

Can I continue serving the Church after I retire?

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 $37,700 during a 12-month period, effective January 1, 2017.
  • 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.
  • Complete an application for Exception to the Rules for Working While Pensioned.
  • Send the letter and application to:
    • The Church Pension Fund
      c/o Michelle Langone
      19 East 34th Street
      New York, NY 10016

Learn more

What resources are available to assist me in planning for my retirement?

The Church Pension Fund offers many retirement planning resources, including PlanAhead for Retirement, an online tool customized for clergy and lay employees. In addition, we offer: 

Additionally, we have a variety of worksheets to help you assess your current financial situation and plan for the future.

There are no Planning for Tomorrow Conferences in my area. Can I still get information on retirement planning?

If convenient, you may attend a PFT in another diocese or you may contact us at (800) 223-6602 to arrange an appointment either in person or by phone to discuss your specific retirement goals and concerns. Email us to:

 

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