Congress has passed new legislation that repeals certain taxes and reduces costs for ministries and their employees. Thanks to the bipartisan support of legislators in both houses of Congress, the resources of America’s religious communities can remain focused on their mission work rather than on these onerous taxes and costs. The Church Alliance (church-alliance.org), a coalition representing 38 denominational benefits organizations, urged legislators to fix three issues that negatively impacted the ministries and church workers they serve.

In this Q&A article, the Pension Boards outlines the benefits and risks of investing in Target Date Funds and shares why you, the member, should take advantage of the Pension Boards’ Target Annuitization Date (TAD) Funds. The TAD Funds automatically reallocate your investments in line with your anticipated annuitization date, and when you annuitize, they are converted to a defined benefit annuity – an option not provided through other plans in the financial services marketplace.

Plan HSA is designed to be used with a Health Savings Account, or HSA.

At its November 2019 meetings, the Board of Trustees of the Pension Boards voted to keep the monthly payments from the Basic Annuity and the Participating Annuity unchanged effective January 1, 2020.

November 22, 2019 – The Pension Boards-United Church of Christ (PBUCC) has been selected to receive a $1,000,000 grant from Lilly Endowment Inc. to expand the scope and reach of the Ministers’ Financial Vitality Initiative (MFVI), a financial wellness program for authorized ministers in the United Church of Christ (UCC).