board of pensions

Board of Pensions grants President Frank Spencer travel time

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.

‘Part work, part worship and part listening’

Last summer, the Rev. Dr. José Irizarry took a mission trip to Puerto Rico with 10 teenagers from his church. They knew he’d been a university professor and administrator, and on a break from repairing houses, they circled him, wanting how-tos on college life. Irizarry describes the trip as “part work, part worship and part listening.”

Board of Pensions portfolio outperforms assumptions

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.

‘Part work, part worship and part listening’

Last summer, the Rev. Dr. José Irizarry took a mission trip to Puerto Rico with 10 teenagers from his church. They knew he’d been a university professor and administrator, and on a break from repairing houses, they circled him, wanting how-tos on college life. Irizarry describes the trip as “part work, part worship and part listening.”

Revamping the PC(USA) website will rely heavily on user input

A complete revamping of the Presbyterian Church (U.S.A.)’s two main websites as they merge into one site, at http://www.pcusa.org, will take about two years and will come about only with significant input from the Presbyterians who use them.