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Common Questions

How much can I earn in the Church now that I'm retired?

When you retire, you may serve in the Episcopal Church and continue to receive pension benefits as long as:

  • You do not work for pay in the church or institution from which you have retired, unless requested by your bishop and approved by The Church Pension Fund.
  • Your total compensation from Episcopal Church-related income does not exceed $37,700 during a 12-month period, effective January 1, 2017.
  • Work outside the church does not impact your benefits from the Clergy Pension Plan, unless requested by your bishop and approved by The Church Pension Fund.

For The Church Pension Fund to consider an exception to these requirements, the bishop in the diocese where you are called must:

  • Write to The Church Pension Fund, explaining why your service in that position contributes to the mission strategy of the congregation or diocese.
  • Complete an application for Exception to the Rules for Working While Pensioned.
  • Send the letter and application to:
    • The Church Pension Fund
      c/o Michelle Langone
      19 East 34th Street
      New York, NY 10016

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Where can I find Church–affiliated retirement community?

Our Retiree Housing Locator can help you find an Episcopal-affiliated housing or care facility in your area.

How can I make my savings last longer?

You can use our Retirement Spending Calculator to:

  • Estimate how much of your retirement savings you can spend
  • Develop a measure of confidence around how long your savings will last
  • Build a retirement spending budget

How much life insurance do I need?

The amount of life insurance you need depends on how you plan to provide for your family after you are gone. Our Life Insurance Calculator can help you evaluate your needs.

If I marry in retirement, is my spouse eligible for a benefit?

Your new spouse does not automatically become your beneficiary. You must name your spouse as a beneficiary within 180 days of getting married if you want your spouse to qualify to receive survivor's benefits.

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If I divorce in retirement, is my former spouse eligible for a benefit?

Your former spouse will receive a survivor’s benefit if:

  • You divorce while retired, and
  • Your former spouse is named as your beneficiary under a Joint and Survivor Annuity or Enhanced Survivor’s Benefit.

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