Pension Fund Approves New First Quarter Interest Rates
INDIANAPOLIS (Dec. 17, 2013) - Pension Fund of the Christian Church (Disciples of Christ) President James P. Hamlett announced today first-quarter interest rates for Pension Fund account holders.
Pension Fund approved the following interest rates for the first quarter of 2014:
- The Benefit Accumulation (BA) account rate increases from 2 to 2.5 percent
- The Tax-Deferred Retirement Account (TDRA) rate increases from 3.25 to 3.5 percent
- The Roth IRA rate increases from 3.25 to 3.5 percent
Pension Fund of the Christian Church (Disciples of Christ) provides pension and retirement savings accounts for clergy and lay employees of congregations, regions, general ministries and church-related colleges and seminaries. Pension Fund manages nearly $2.9 billion in net assets on behalf of those served in the United States, Canada, Puerto Rico and related international ministries.