(Disciples of Christ) by supporting ministers, missionaries and lay employees of the Church and its related institutions. For over 100 years, first as the Board of Ministerial Relief and then as the administrator of the Pension Plan, it has sought to under gird the church and its ministry. Change and growth of the Pension Fund have continually broadened and deepened its ministry. Through both contractual and gift programs, the Pension Fund seeks to serve the total church and its ministry.
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Questions and Answers Conference Calls We were pleased to provide opportunities to share questions and comments with the Pension Fund’s President, James Hamlett; Senior Vice President/Treasurer & Chief Financial Officer, Richard Cohee; Vice President & Chief Investment Officer, David Stone and other Senior PFCC Staff. As the market remains volatile, we will continue to keep you informed as participants in the Pension Plan, Tax Deferred Retirement Account, Benefit Accumulation Account or Annuity Fund. If you have comments or if you would like to submit a question, please click here.
Pension Fund Board Determines Base Interest Rates - The Board of Directors of the Pension Fund of the Christian Church at their meeting on June 17-19, 2009, set the base rate of return to be paid on Tax Deferred and Benefit Accumulation accounts at 3.5% and 3.0%, respectively, effective July 1, 2009. These base rates will be effective through December 31, 2009. (Click here for full text)
Positions Available:
Pension Fund Announces New Pensioner Dental Plan through Delta Dental - The
New 403(b) Regulations & The Pension Plan - The IRS has published sweeping new regulations for 403(b) plans that will require a more active role for employers in monitoring 403(b) arrangements and compliance with the applicable rules. The regulations will require full compliance with the new rules beginning January 1, 2009. To address these complications, the Pension Fund will aggregate all participating employers in the Pension Plan and TDRA, if the organization chooses the Pension Fund as its sole vendor for contributions after January 1, 2009. (Click for additional information and to download the Participation Agreement)
Pension Fund Board Foregoes Special Apportionment and Good Experience Credit - The Board of Directors of the Pension Fund of the Christian Church elected not to approve a Special Apportionment for Pension Plan accounts or Good Experience Credits for Tax Deferred Retirement and Benefit Accumulation accounts at their regular meeting in Indianapolis, February 25 - 27. Citing negative returns in 2008, Richard Cohee, Senior Vice President, Treasurer and Chief Financial Officer, reported to the Board that policies governing such decisions precluded awarding Special Apportionment or Good Experience Credits at this time. (Click here for full text) |
July 28, 11:00 am - July 29, 12:00 pm This event will be held immediately preceding the Disciples’ General Assembly in Indianapolis, IN. As people called to serve, we often wonder how we can best serve the church and how the church can care for us and our families. During this “DREAM Summit,” we will explore such subjects as: stewardship, Pension Plan participation, clergy compensation, budgeting, debt reduction, obtaining a home mortgage, children’s education, insurance, clergy taxes among others.
July 28, Noon – July 29, Noon This retreat, “Called to Lead”, is designed for licensed and ordained Disciples clergy in their first five years of pastoral ministry to rest, to renew, to reflect and to re-connect with his/her calling. This health and spiritual wellness retreat is in partnership with Disciples Home Mission and the first in a series of health and wellness initiatives funded from the Heartbeats of Faith Fund income. New: Email Distribution ListTo subscribe to news and updates through email, please send a blank email message to newsletter@pensionfund.org with the word "subscribe" on the subject line. You will automatically receive news releases and other useful information and updates relating to the services provided through the Pension Fund. You may unsubscribe at any time by sending a blank email with "unsubscribe" on the subject line. Your email address will automatically be removed from the distribution list.
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