Make the Most Out of Social Security
by Laurence Dresner, ChFC
It will be one of your major sources of retirement income. Yet you might not know how to maximize your benefit, or what would reduce it. April is Social Security month. Learn the basics now.Read More
Articles in This Issue
Three Reasons to Schedule Your Annual Physical Exam
By Krishna Dholakia, MS, RD, CDE, CDN
No one loves getting a physical, and it only takes place annually. But learn why it’s one of the smartest things you can do to stay well.
The Key to Well-being in Retirement? Other People.
By Linda Trum LICSW, Ph.D.
More and more, our American culture fosters social isolation over meaningful personal relationships—relationships that become even more critical as we get older. What can we do? Here is some advice.
Accessing Your Health Plan on the GoYes, there’s even an app to make it easier to find doctors and facilities, review your coverage, track claims, access your ID card (even email or fax it), and much more. Get the app for your plan.
Living the Way of Love
Spring! — A time to start new projects, think new thoughts, and form new practices for seeking and finding a deeper connection to God. In Living the Way of Love, Mary Bea Sullivan shares stories to help you explore what you could be doing.
April is Financial Literacy Month!
Knowing financial basics will help you to make smarter money management decisions. So while it may be Financial Literacy Month, the Church Pension Group would like to remind you that year-round, we offer education and resources to help you achieve your financial goals. Here are some good ways to improve your financial literacy:
- Read articles on personal finance
- View our Webinar Workshops (for clergy or for lay employees)
- Talk to a financial professional — call (888) 735-7114 to schedule an appointment
- See if you are on target for retirement by using our PlanAhead calculator (for clergy or for lay employees)
Why not take a look at CPG’s Learning Center? It’s a great way to start increasing your financial know-how.
Did You Know?
The Annual Statement (sent to all clergy and lay participants in a defined benefit plan who may be entitled to, but are not yet receiving, pension benefits) includes your accrued pension, a figure that represents the amount that you have currently earned under the plan (assuming that you retire on or after age 65). In addition, if you are an active participant, the Annual Statement shows your estimated annual retirement benefit payable at age 65 (or later), assuming that you continue to earn your current compensation and Credited Service up to age 65.
Please note that this material is provided for informational purposes only and should not be viewed as investment, tax, or other advice. It does not constitute a contract or an offer for any products or services. In the event of a conflict between this material and the official plan documents or insurance policies, the official plan documents or insurance policies will govern. The Church Pension Fund (CPF) and its affiliates (collectively, CPG) retain the right to amend, terminate, or modify the terms of any benefit plans described in this material at any time, for any reason, and, unless otherwise required by applicable law, without notice
Unless otherwise noted, websites referenced herein that are outside the www.cpg.org domain are not associated with The Church Pension Fund and its affiliates (collectively, the “Church Pension Group”) and the Church Pension Group is not responsible for the content of any such website.