Passionate About Our Purpose
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The Church Pension Fund was founded in 1917 to provide pension benefits to eligible clergy of The Episcopal Church. Since then, with the authorization of General Convention, our work has expanded to include three lines of business:
- Employee benefits
- Property and casualty insurance
- Publishing
More than 100 years later our purpose remains the same, to support clergy and lay employees of The Episcopal Church in their calling to spread the gospel.
Our Lines of Business
Employee Benefits
We provide pension and retirement savings plans, health benefits, and educational services that position our clients for the highest level of financial security in retirement.
Property & Casualty Insurance
We provide broad, cost-effective property and casualty coverage, and unique risk management strategies and tools, in a financially sustainable way.
Publishing
We develop worship materials, books, and digital resources on spiritual well-being and on health and financial wellness that address the evolving needs of The Episcopal Church.
The Church Pension Group
The Church Pension Fund
Founded in 1917, The Church Pension Fund is a separately incorporated financial services organization that serves The Episcopal Church. With more than $13.5 billion in assets, it serves as the sponsor and administrator of The Church Pension Fund Clergy Pension Plan (a defined benefit plan); The Episcopal Church Lay Employees’ Retirement Plan (a defined benefit plan); The Episcopal Church Lay Employees’ Defined Contribution Retirement Plan (a defined contribution plan); and The Episcopal Church Retirement Savings Plan (a defined contribution plan), a vehicle through which clergy and eligible lay employees can save their own retirement dollars.
The Episcopal Church Medical Trust
The Episcopal Church Medical Trust is an employee healthcare benefits organization that utilizes market-leading health networks to offer benefit plans for active clergy and lay employees, seminarians, and eligible dependents, and Medicare Supplement Health Plan options to retirees and eligible spouses. Benefits and offerings include health, pharmacy, dental, and vision plans; an employee assistance program; health advocate; and travel protection services.
Church Insurance Companies
Founded in 1929, The Church Insurance Companies has focused on fulfilling its mission to protect the people, property, and finances of The Episcopal Church. It offers Episcopal churches, dioceses, and institutions property and liability coverage, as well as risk management tools and strategies. It provides the broadest cost-effective coverage available in the marketplace in a financially sustainable way.
Church Publishing Incorporated
Founded in 1918, Church Publishing Incorporated (CPI) is the publisher of official worship materials, books, music, and digital ministry resources for The Episcopal Church, in addition to being a multi-faceted publisher and supplier to the broader ecumenical marketplace.
Church Life Insurance Corporation
Founded in 1922, Church Life Insurance Corporation provides life insurance and retirement savings products to clergy and lay employees who serve The Episcopal Church and to their families, which provide significant income security, with flexible coverage and payment options. Products offered include: retirement savings plans (annuities and IRAs) and life insurance (group, individual, and supplemental).