Message From The Pension Boards

March 16, 2020

Dear Friends,

Our thoughts have been with you, our members, as we live into the changing daily realities arising from the COVID-19 pandemic. Whether it has been the suspension of worship services in your congregation, school closings affecting your children, or social distancing from others, all of us are being impacted in some way by this public health crisis.

Read more ...

Important Update: Assurance of Continued Annuity Payments

March 16, 2020

The Pension Boards-United Church of Christ has announced the temporary closing of its offices at 475 Riverside Drive effective today and for a period of up to three weeks, due to the varying degrees of severity and complexity of COVID-19 in New York City and surrounding areas.

Read more ...

Financial Markets: What Has Happened in the Last Three Weeks?

March 15, 2020

What has happened in the last three weeks?

The U.S equity market peaked on February 19, 2020, with the Standard & Poor’s Index of 500 stocks (S&P 500) reaching 3,386, and subsequently correcting to 2,480 on March 12, 2020, a 26.75% drop in merely three weeks. Moreover, volatility has been extreme, with circuit breakers (causing a pause in trading) hit twice in the cash market and twice in the futures market in one week.

Read more ...

The Pension Boards Temporarily Closes Office

New York, March 15, 2020 – The Pension Boards-United Church of Christ today announced the temporary closing of its offices at 475 Riverside Drive, for a period of up to three weeks, due to the varying degrees of severity and complexity of COVID-19 in New York City and surrounding areas.

Read more ...

2019 Annual Report Magazine

To request a print copy of the Annual Report, contact This email address is being protected from spambots. You need JavaScript enabled to view it.. Please include your name and postal mailing address in the request.

Financial Markets: What Is Happening? (March 6, 2020)

Investors have continued to sell global equities and other risk assets like high yield bonds and corporate debt, as continued economic impact from the COVID-19 virus becomes apparent. The U.S. equity market has continued to be very volatile, with big swings this week. The clear implication is that global growth will come down, as concern about China and neighboring countries has now migrated to our shores.

Bond investors continued to be positively rewarded during this time period, benefitting from central bank polices to lower interest rates around the world. The U.S. Federal Reserve (Fed) once again lowered rates after doing so three times in 2019, responding to changes in market rates and attempting to provide support to the economy.

Read more ...

2020 Pension Boards Annual Meeting of Members: FAQs and Online Voting

Click here to vote online (Note: You will need your seven-digit Pension Boards member ID.)

When will the Annual Meeting take place?

The 2020 Annual Meeting of Members of The Pension Boards-United Church of Christ, Inc. will be held on Thursday, May 14, 2020 commencing at 8:30 a.m., Eastern Daylight Time, at The Interchurch Center, 475 Riverside Drive, Room 1020, New York, New York 10115, and at any adjournment thereof for the election of Trustees, the presentation of annual reports and the transaction of such other business as may properly come before the meeting.

Read more ...

Financial Markets: What Is Happening?

Investors have again become more pessimistic and global equities have sold off over worries about the continued spread of the SARS-Co V-2 (Wuhan Coronavirus) beyond its epicenter in the central province of Hubei. Infections have now been reported in 28 countries, and news from Iran, Italy, and Spain provoked fear about what could happen in the U.S. The Centers for Disease Control and Prevention (CDC) today warned about potential “disruption to everyday life.”

Read more ...