The Board of Pensions has presented a major redesign for their benefits program, to be effective January 1, 2017. All Board of Pensions members will receive a booklet in May to outline the new programs. A few things to note:
1. Called-and-installed Teaching Elder pastors of our congregations will continue to be covered as usual as long as they work at least 20 hours/week. The dues for 2017 will be the same as for 2016, except dues for pastors with no dependents (35%) will rise to be the same as pastors with dependents (36.5%).
2. Board of Pensions benefit programs will be offered to others on an “a la carte” basis. That is, each kind of benefit (retirement pension, medical, dental, etc.) can be obtained for an employee for a price that will be calculated based on real costs to the Board of Pensions for their family status, for that region. Premium prices will be announced on July 11.
3. Churches will be asked to confirm the benefits they want to offer their pastors and staff from July 11-September 30, 2016 through an on-line tool that will give the costs for whatever scenario is chosen.
4. All employees (including pastors) will then be asked to sign up for their benefits from October 1-November 11, 2016.
WORKSHOP WITH CLAYTON COBB
The Rev. Dr. Clayton Cobb, our presbytery’s liaison to the Board of Pensions, will be hosting a workshop on June 14 from noon to 1:45. Location will depend on the number of participants, so please RSVP to Bonita Carr at the Presbytery office ([email protected] or 714-956-3691) by June 7.