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Guide to the Lay Defined Benefit Plan Disclaimer

This Guide is provided for informational purposes and should not be viewed as investment, tax, or other advice. This Guide reflects the rules in effect as of January 1, 2018. In the event of a conflict between this Guide and the official plan documents, the terms of the official plan documents will govern. CPF and its affiliates reserve the right to amend, terminate, or modify the terms of any benefit plans described in this Guide at any time, without notice, and for any reason.

The Plan is a qualified plan under section 401(a) of the Internal Revenue Code, but as a church plan, it is not subject to the Employee Retirement Income Security Act of 1974, as amended. The Plan’s financial condition is disclosed in the Church Pension Group Annual Report, which is located on our website at www.cpg.org. CPF, as sponsor of the Plan, continues to monitor the funding status closely. Like many defined benefit plans, the Plan currently is not fully funded.