Now that you are receiving your pension benefits, make sure that you understand the benefits you may be entitled to as a participant in the Clergy Pension Plan.
Clergy Pension Plan. Benefits available to eligible participants include:
- Monthly Pension Benefit
- Survivor's Benefits
- Resettlement Benefit
Group Life Insurance. Clerics receiving a pension benefit may be eligible for a group life insurance benefit from CPF. Should you die after you retire, your beneficiary will receive a benefit equal to four times your highest average compensation, with a minimum value of $10,000, and a maximum value of $50,000. See Group Life Insurance for details.
Medicare Supplement Health Plan. Eligible retirees and their eligible spouses can purchase a Medical Trust Medicare Supplement Health Plan to supplement the coverage available through Medicare. CPF provides a subsidy for eligible retired clergy and their eligible spouses toward the cost of these plans.
For more complete information on your pension benefits, see Clergy Pension Benefits or A Guide to Clergy Benefits. Please know that you can always call Client Services at (866) 802-6333, Monday — Friday, 8:30AM — 8:00PM ET (excluding holidays) if you have any questions.