Comprehensive Plan - Retirement Before July 2013
The costs of the Comprehensive Plan for participants who have retired, or are eligible to retire1 prior to July 1, 2013 are detailed below.
If you retire on or after July 1, 2013 and are not eligible to retire prior to July 1, 2013, see Comprehensive Plan for the updated schedule of costs for the Comprehensive Plan.
Your Monthly Cost - 2017 & 2018
The monthly cost, per person, for the Comprehensive Plan is shown below. The Church Pension Fund (CPF) provides financial assistance for the purchase of post-retirement health benefits (the Medicare Supplement Health Plan subsidy) for eligible clergy and their eligible spouses or surviving spouses. These costs represent the cost to you after any Medicare Supplement Health Plan subsidy2 from CPF has been applied:
|Years of Credited Service||Monthly Cost per Person|
|1-4||You are not eligible to participate in a Medicare Supplement Health Plan.|
|20 or more||$0.00||$0.00|
Your Costs for Healthcare - 2017 & 2018
- For Medicare Parts A and B benefits, the annual out-of-pocket limit is $2,000 per individual. If your medical costs exceed the annual or lifetime Medicare Supplement Health Plan Part A benefit maximums ($50,000 and $200,000, respectively, per individual), your out-of-pocket costs will exceed the annual maximum.
- Inpatient hospital copayment up to $390 per benefit period
- Medicare Part B physician copay up to $20 per visit
- Routine physical exam costs in excess of $200
See a detailed comparison of the different plans.
See the 2018 Medicare Supplements Comparison Chart for additional plan information.
1 To be eligible to retire prior to July 1, 2013, a cleric must have met the requirements of a 55/30, 60/5, 65/5 or disability retirement under The Church Pension Fund Clergy Pension Plan on or prior to June 30, 2013.
2 The Church Pension Fund plans to continue to provide the Medicare Supplement Health Plan subsidy. However, given the rising cost of medical care, coupled with the uncertainty regarding the structure of Medicare in the future, this should not be viewed as a guarantee of a Medicare Supplement Health Plan subsidy in perpetuity.
Health benefits are offered through plans maintained by Church Pension Group Services Corporation (doing business as The Episcopal Church Medical Trust), 19 East 34th Street, New York, NY 10016.