Investments: Pension Boards Invests $3.5 Million in Fannie Mae

The Pension Boards has invested $3.5 million in Fannie Mae’s $315 million Multifamily Social Bond (FNA 2021-M1S), under Fannie Mae’s Guaranteed Multifamily Structures program. The Pension Boards Sustainable Balanced Fund’s inaugural fixed-income investment is a multi-family social bond issued by Fannie Mae, which supports affordable housing initiatives in the U.S.

Applications for NGLI are Now Open

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The United Church Board for Ministerial Assistance, the charitable arm of the Pension Boards, is pleased to announce that the application season for the next cohort of pastors to participate in the Next Generation Leadership Initiative (NGLI) is open. NGLI is a leadership development initiative that equips, energizes, and empowers younger United Church of Christ local church pastors to build vibrant congregations that change lives and further God's mission in the world. If you don’t know much about the initiative, please watch this video to see and hear participants describe the transformative experience.

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New EY Article: Why You Need a Financial Plan

Building your financial future is like building a skyscraper: both require planning. This EY article offers tips for how you can build a well-thought-out financial strategy, regardless of your net worth or household income level.

End of Year Processing

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IMPORTANT NOTE: Please be advised that any paper financial requests (such as withdrawals or distributions) received after 12:00 noon EST on Tuesday, December 21, 2021, will be processed on Monday, January 3, 2022. If you want to perform any distribution for 2021, you must submit your request before the December 21, 2021 deadline.

Any fund reallocations or balance transfers made on the website must be submitted by 12:00 noon EST on December 31, 2021. The website will close at noon. No transactions will be able to be transacted after this time for 2021. The website will reopen on January 1, 2022.

If you have any questions, please contact Member Services at 1.800.642.6543.

New Effective Date Policy

GettyImages 995353918Beginning January 1, 2021, the Pension Boards' policy will be to accept only current or future dates on all benefit forms submitted to effect any benefit enrollment or change for our members. Retroactive effective dates will no longer be accepted. Look for additional communications regarding this change in coming weeks.