Retirement Options

Early Retirement

You can retire as early as age 55, but your benefits will be reduced.

Normal Retirement

Normal retirement at age 65.

Late Retirement

You can choose to work past age 65 and continue to accrue Credited Service.

Other Opportunities to Save for Retirement

Since you are unable to contribute to your pension, you may wish to consider participating in other retirement savings options offered by The Church Pension Fund, such as:


If you believe that you have been denied a benefit that you are due under the Lay Defined Benefit Plan, you have the option to file an appeal.  For more information see The Appeals Process.

The Lay Defined Benefit Plan is a qualified plan under Section 401(a) of the Internal Revenue Code, but as a church plan, it is not subject to ERISA. The plan's financial condition is disclosed in the Church Pension Group Annual Report.

The Church Pension Fund, as sponsor of this plan, continues to monitor the funding status closely. Like many defined benefit plans, the Lay Defined Benefit Plan currently is not fully funded. The Church Pension Fund retains the right to amend, terminate or modify the terms of the Lay Defined Benefit Plan, including the employer assessment rate, without notice and for any reason.

Pensions Disclaimer