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Board Awards Record $190.2M Read Full Press Release

Pension Fund of the Christian Church

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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 of Directors Approves Special Apportionment and Good Experience Credits

(Indianapolis - February 22, 2013) At its February 21-22, 2013 meeting, the Board of Directors of the Pension Fund of the Christian Church approved a 3.5% Special Apportionment. Persons receiving retirement and surviving spouse pensions will receive checks/deposits reflecting the increase beginning July 1, 2013. Active members, who are accumulating pension credits, will have their credits as of December 31, 2012 increased by the 3.5% Special Apportionment on July 1, 2013.

Special Apportionments are fully-funded on an actuarial basis, which means that all previous Special Apportionments are included in the base for this latest increase. Over the past ten years, Special Apportionments have averaged 3.36% per year. Based upon that annual average, a pensioner who began receiving a benefit of $1,000 per month ten years ago will receive a pension of $1,391.34 per month effecting July 1, 2013. The Special Apportionment will also apply to Additional Benefit Annuities.

The Pension Fund Board also approved Good Experience Credits of 3.4% for Tax Deferred Retirement Accounts and Benefit Accumulation Accounts. Good Experience Credits will be applied March 31, 2013. After applying the Good Experience Credits, Tax Deferred Accounts and Benefit Accumulation Accounts will have earned an effective rate of approximately 6.4% and 5.1% (respectively) over the past twelve months ending March 31, 2013.

In other actions, James P. Hamlett, president of the Pension Fund announced the promotion of Connie Inglish to the position of Assistant Vice President for Employer Services, effective March 1, 2013. In her new role, Ms. Inglish will assist in delivering services to congregations and other church employers, and advocating for best employment practices.

The Pension Fund of the Christian Church (Disciples of Christ) provides pension and retirement savings accounts for clergy and lay employees of congregations, regions and general ministries and church related colleges and seminaries. The Pension Fund manages more than $2.7 billion in net assets on behalf of those served in the United States, Canada, Puerto Rico and related international ministries

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