Skip to Main Content

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.

Pension Fund Board Meeting - April 2020

Dear Members,

Unique and challenging times call for unique and creative responses. Therefore, in lieu of a traditional press release, we have decided a joint letter from us, as Board Chair and President / CEO, is the best way to communicate the actions of our Board of Directors.

This past Saturday, our board met virtually to conduct the essential business we needed to accomplish. Our opening devotional reminded us of our mission and of how our guiding scripture informs our work. We met with our auditors to receive a clean and unqualified opinion on our audit. We approved the report of our actuaries, which indicated our 12/31/2019 funding status was strong. We reviewed our business plan and focused on how our senior leaders are guiding the organization through these challenging days with great care, grace, and adaptability.

We also discussed the 2020 Special Apportionment (SA). The Special Apportionment Policy of the Pension Plan requires the Board to consider awarding the SAs at least every three years based on the funding levels and liabilities of the Pension Plan at the end of the prior year and with consideration of current market conditions.

The 12/31/2019 valuation report indicates that the Pension Plan was extremely healthy. The Pension Plan remains healthy, despite the ongoing economic challenges. The staff and board, however, have decided to delay a 2020 SAC decision until September. Delaying the decision will allow more time for market conditions to stabilize and for us to understand the economic impact of COVID-19.

Board and staff together share the responsibility of providing you the most secure and robust retirement possible. This is a careful balancing between being too conservative today and not being conservative enough to promote the long-term stability of the Plan.

We remain grateful for your confidence and for the opportunity to steward your retirement assets.

Sincerely,

Peggy Brittan
Board Chair

Rev. Dr. Todd A. Adams
President and CEO