The Board of Directors approved a redesigned Benefits Plan of the Presbyterian Church (U.S.A.), effective Jan. 1, 2025, that supports congregations and provides parity regardless of ordination status.
At its fall meeting, the Board of Directors formalized the Board of Pensions’ commitment to removing the effects of structural racism from the agency’s workplace and policies. It also voted to expand access to the agency’s Assistance Program.
The Board Bulletin is published after each regular meeting of the Board of Directors of The Board of Pensions of the Presbyterian Church (U.S.A.), and represents key information and actions taken that affect plans and programs administered by the Board of Pensions.
The Board of Directors of The Board of Pensions of the Presbyterian Church (U.S.A.) has been recognized nationally for making diversity and inclusion a priority — both throughout the agency and in its own makeup. The Board is one of 10 finalists for the annual NACD NXT awards, presented by the National Association of Corporate Directors, whose membership represents over half of the Fortune 1000.
The Board Bulletin is published after each regular meeting of the Board of Directors of The Board of Pensions of the Presbyterian Church (U.S.A.), and represents key information and actions taken that affect plans and programs administered by the Board of Pensions.
The Rev. Frank Clark Spencer, president of the Board of Pensions of the Presbyterian Church (U.S.A.), has been granted a travel leave for March 11-May 8, 2020, announced the Rev. Dr. Fairfax F. Fair, chair of the agency’s Board of Directors.
With a market value of $9.6 billion, the Board of Pensions’ Balanced Investment Portfolio returned 10.3 percent during the first eight months of 2019, more than 4 percent over the long-term investment return assumption of 3, 10 and 20 years.
