Church Pension Group | Defined Benefit Plan Administration

Lay Defined Benefit Plan Administration

What Is the Lay Defined Benefit Plan?

  • A plan that provides a base annual benefit throughout retirement.
  • The amount of the benefit is determined when the employee retires.
  • The benefit is based on the employee's Highest Average Compensation and years of Credited Service.
  • Benefits are portable throughout The Episcopal Church.

Please contact us for the Defined Benefit Adoption Agreement.

 

Pensions Disclaimer