Retirement Options

The Clergy Pension Plan offers options that allow you to retire when retirement fits into your life plans. The monthly benefit is calculated differently for each of the retirement options and choosing an option such as early retirement will impact the amount you will receive as your monthly pension benefit during your lifetime. In addition, your choice will impact the monthly benefit paid to a surviving spouse or beneficiary.

The available retirement options are:

  Age Credited Service
Normal Retirement
View details
65 At least 5 years
Early Retirement
View details
60+ At least 5 years
30-Year Early Retirement
View details
55+ 30 years
Disability Retirement
View details
When Disabled N/A
Mandatory Retirement
View details
72 At least 5 years

Minimum Pension Benefit

The Clergy Pension Plan provides a minimum pension benefit based on Credited Service (CS). When your pension benefit is calculated, the minimum benefit will also be calculated, and the Plan Administrator will determine if you will be paid the minimum. A minimum pension benefit may also be available to your eligible surviving spouse.

You are eligible for the minimum pension benefit if:

  • You have served at least 80% of your ministry in domestic dioceses of the Episcopal Church
  • You are not participating in a companion plan administered by CPF
  • You were compensated during your ministry and assessments were paid in full on your compensation

A minimum pension benefit is available to eligible surviving spouses.

For more information, please see the Guide to Benefits Under the Clergy Pension Plan.

Working While Pensioned

The Clergy Pension Plan provides options for clergy who would like to continue to serve the Episcopal Church after retirement. See Working While Pensioned for more information.

Pensions Disclaimer

Right Rail

Need Help?

Call us for assistance
(866) 802-6333
Monday – Friday
8:30AM – 8:00PM ET
(excluding holidays)