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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.

Worried about the stock market slide? Here's why Pension Fund members shouldn't be.

News of a stock market correction of 10% or more has dominated global news outlets this past week. As a Pension Fund member, what do you need to know or do?

The answer: Stay the course. In market downturns such as those in 1929, 1987, 2001 and 2008, those who stayed the course have recovered nicely. The worst reaction to a downturn is to sell when the values of holdings in your portfolio are down. It may take several years, but those values will recover.

What about my Tax-Deferred Retirement Account (TDRA) and Benefit Accumulation Account (BAA)? The good news is that these plans are designed to provide a base rate (3-6% for TDRAs and 1-6% for BAAs), plus add Good Experience Credits (GECs) in any year that is possible. The base rate for your TDRA is currently 3.5%, and the base rate for BAA is currently 2.5%. By design, the value of your account won't go down even in times of volatile markets. It's possible that your 2015 rate of return may not go above the base rate, but it won't go into negative territory.

Will my monthly pension payments decline? No. Your pension is based on its benefit formula, not on market performance. Your monthly pension won't decrease. Additionally, Special Apportionments (funded increases to your pension sometimes awarded to Pension Fund pension accounts) are based on excess reserves. It's possible that the market decline will decrease reserves (depending on what happens in the market before year end), which may mean that a Special Apportionment may not be awarded next year. However, the last two years provided Special Apportionments of 6.5% and 3.5% respectively, well above the rate of inflation in the U.S.

How can Pension Fund hold the account balances with this market volatility? Your Pension Fund staff, Board, and money managers use the well seasoned long-term strategies, including diversification, to be able to provide returns that mitigate volatility. Reserves for each of the types of accounts are key to this strong and smart strategy. With approximately $3 billion under management, Pension Fund has well qualified professionals working constantly to protect those who serve.

Should I wait to open up a new account? This is an excellent time to open up an account. Pension Fund, like all competent and well-trained financial advisors, doesn't try to 'time' the market. You should open up an account and save more for retirement any time you can put away a little more.

My other account balances are down right now. Should I rollover to Pension Fund? Pension Fund welcomes rollovers that are eligible. Consider waiting until your account balance recovers and then roll over funds to Pension Fund. The next time the market sees a correction, you can be confident of your balance in your account!

Contact Pension Fund for more information on enrollment and rollovers today at 866.495.PFCC or pfcc1@pensionfund.org.