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Board Awards Record $190.2M Read Full Press Release

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.

Stay Connected

News & Publications

Events

The Gathering

Pension Fund's biennial conference that connects pastors to learn and discuss spiritual, health & financial wellness.

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.

Letter from the President: Post-Election


Dear Member,

This week we've had several questions regarding 'What does the outcome of the election mean for health care or our pension?' The reality is with either candidate no one has the proverbial crystal ball to know for certain nor does a week as President-Elect give a clear signal as to the economic outcomes of a presidency.

Here is what we know to date regarding health care:

  • 'Repeal and replace' of the Affordable Care Act - most of the bills advanced to date, including those that were pending prior to the election, repeal the mandate. The bills so far have left intact two widely popular components - the elimination of pre-existing conditions and allowing a child to remain on their parents' insurance through age 25 (up to age 26).
  • President-Elect Trump has stated his intention to deregulate the health insurance industry allowing companies to sell across state lines.
  • Current proposals include tax relief for health care premiums reimbursed by an employer through a product called a Health Reimbursement Account (HRA) available to employees of small businesses (50 or fewer). The HRA concept cleared the Senate Finance Committee prior to the election. We do not know if the HRA premium arrangement will be enacted by Congress.
  • If the Affordable Care Act (ACA) is repealed, it will take time to untangle the system.
  • Repealing ACA does not change the financial vulnerability of Churchwide Healthcare.

Here is what we know regarding your retirement account:

  • Pension Fund is a conservative, long-term investor. We have diversified investments and a disciplined investment approach that has served our members well in a variety of economic environments. Our investment approach does not change based on which party is elected. We do not 'chase' sectors, trying to time the market. We do not invest with our emotions. Your pension is as solid on 11/11/16 as it was on 11/8/16.
  • There are indications that certain sectors such as banking, health care and biotech will fare well in the near term.
  • Treasury bond yields advanced as the market anticipates an increase in government borrowing to fund tax cuts and infrastructure improvements.

In all cases, we continue to work with our advisors and counterparts through the Church Alliance and Church Benefits Association on these matters. We'll continue to update you as we become aware of new developments. Our role at Pension Fund remains as the non-anxious presence of the church, assuming the burden of market risk, as we seek to provide our clergy and lay employees with a Strong. Smart. and Secure. retirement.

Faithfully yours,
Todd A. Adams
President