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Pension Fund is Named at Top Workplace for 2023 Read About the Award

Pension Fund of the Christian Church

Employer-Sponsored Retirement Products

Overview

As a church plan, Pension Fund is able to offer flexible and worry-free retirement options for employers and their employees. Our team of Area Directors will meet with you to discuss your needs and help you get started.

Individual Savings & Retirement Products

Overview

Whether you’re just starting out or closer to retirement, choose from a variety of products to help you reach your retirement and savings goals.

Program Applicants

Ministerial Relief & Assistance

Our relief programs meet the evolving needs of new, active, and retired clergy and their families to ensure all ministers and lay workers can enjoy a strong, smart, secure retirement.

Supporters & Donors

Make An Impact with a Donation

Your gifts and financial support helps ministry workers in need bridge the unexpected from now until retirement (and beyond).

Resources

Overview

Discover planning and educational tools & resources to help you navigate your financial wellness journey.

For Members & Clergy

For Members

Guides, factsheets and resources to aid you on the Road to Financial Wellness.

For Clergy

Clergy-specific resources to support your call to ministry.

For Employers

For Employers

Hiring tip sheets, tax guides and more to help you manage your employees' benefits.

Your Money Line

Pension Fund has partnered with Pete the Planner® to provide members with access to financial guides who will help answer your tough financial questions & online tools such as calculators and eLearning courses.

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News & Publications

Events

2023 Pension Fund Insider Update

Please join us as we share helpful insights into pastoral wellness, retirement planning and more.

The Gathering 2024

Save the date for the next Gathering. We will be in Washington D.C. Sept 3-5.

General Assembly 2023

Find our recap and connect with the Client Relations team.

Employer-Sponsored Retirement Products

Overview

As a church plan, Pension Fund is able to offer flexible and worry-free retirement options for employers and their employees. Our team of Area Directors will meet with you to discuss your needs and help you get started.

Individual Savings & Retirement Products

Overview

Whether you’re just starting out or closer to retirement, choose from a variety of products to help you reach your retirement and savings goals.

Program Applicants

Ministerial Relief & Assistance

Our relief programs meet the evolving needs of new, active, and retired clergy and their families to ensure all ministers and lay workers can enjoy a strong, smart, secure retirement.

Supporters & Donors

Make An Impact with a Donation

Your gifts and financial support helps ministry workers in need bridge the unexpected from now until retirement (and beyond).

Resources

Overview

Discover planning and educational tools & resources to help you navigate your financial wellness journey.

Your Money Line

Pension Fund has partnered with Pete the Planner® to provide members with access to financial guides who will help answer your tough financial questions & online tools such as calculators and eLearning courses.

Housing Allowance Case Dismissed

Today, the 7th Circuit Court of Appeals dismissed a constitutional challenge to the income tax exemption of clergy parsonage allowance, citing plaintiffs did not have standing.

Nearly a year ago on Nov. 21, 2013, U.S. District Judge Barbara B. Crabb for the Western District of Wisconsin issued a strong, 43-page decision declaring 26 U.S.C. § 107(2), passed by Congress in 1954, as unconstitutional. The Church Alliance, a coalition of chief executive officers of 38 denominational benefit programs, filed an amicus brief to support dismissal of the case, Freedom From Religion Foundation, Inc., et al. v. Jacob Lew, et al. (FFRF v. Lew). Those who signed included James Hamlett, President and CEO of Pension Fund of the Christian Church, and Rev. Dr. Sharon Watkins, General Minister and President of the Christian Church.

Code §107(2), commonly called "clergy housing exclusion" or "clergy housing allowance," excludes from income taxation the cash compensation provided to "ministers of the gospel" (clergy) toward the cost of their housing. This section of the Code essentially excludes the value of clergy-owned housing from income taxation. It is related to Code §107(1), which excludes from a minister's taxable income the value of church-provided housing (commonly called a parsonage, vicarage or manse). The FFRF v. Lew appeal did not involve a challenge to Code §107(1).

While the suit may surface again, for now this case is resolved.