Congregations will have greater flexibility and choice when the new Benefits Plan of the Presbyterian Church (U.S.A.) takes effect Jan. 1, 2025. The plan, redesigned to better support congregational ministry in the Church of today, received approval last month from the Board of Directors of The Board of Pensions of the Presbyterian Church (U.S.A.).
At its fall meeting, the Board of Directors approved plans designed to ensure that the Board of Pensions continues to meet the demands of change in the Church. The 2023-2024 Strategic Vision will guide the agency through a season of rebuilding, and the 2023 Business Plan is the blueprint for the groundwork that will be laid next year.
The Board of Pensions of the Presbyterian Church (U.S.A.) has announced the most extensive changes to the Assistance Program in a generation. The changes steer financial help to ministers where their need is greatest and loosen requirements to extend access across Benefits Plan membership. The changes take effect January 1, 2022.
The Board of Pensions of the Presbyterian Church (U.S.A.) has further refined its organization to better serve the Church. As Benefits Plan membership continues to grow, it has moved management of relationships with all employers into one division.
When the Rev. Dick Powell was tapped as a candidate for the job of president and CEO at Presbyterian Mo-Ranch Assembly, he had one demand: “If I can’t stay in the Board of Pensions plan, I’m not coming.” More than a decade later, Powell and every other full-time employee at the camp and conference center in the Texas Hill Country is a member of the Benefits Plan of the Presbyterian Church (U.S.A.).
The Board of Pensions of the Presbyterian Church (U.S.A.) has announced changes to the church Benefits Plan that extend support to more ministers and add benefits that promote financial protection for all church workers.
The changes, effective January 1, 2021, are the most substantial since the plan redesign of 2017.
A majority of pastors of Presbyterian Church (U.S.A.) congregations feel financially secure, but those who are paid less are less satisfied, results of a 2013 survey of PC(USA) pastors showed.
The Board of Pensions of the Presbyterian Church (U.S.A.) is significantly expanding its commitment to environmentally responsible investing by retaining Impax Asset Management Group, a London-based investment manager that specializes in resource efficiency markets.
