October 16 Update from the Pension Boards

Dear Friends,

Greetings to you from the Pension Boards!

We are entering the eighth month since the COVID-19 pandemic first began to impact our lives, our work, and our normal routines. Throughout this time, our mission has been to serve you with compassion, care, and excellence. We hope that your interactions with us throughout this time have been helpful and that your questions and issues have been resolved in a timely and efficient manner.

Based on your responses to our reader survey, we know that information about your pension and health benefits are a high priority. In recent weeks, you have been reading about an important upcoming change in our health benefits plan for Medicare-eligible participants – the launch of the new UCC Medicare Advantage Plan with Rx on January 1, 2021. The new plan, administered by Humana, replaces the current UCC Medicare Supplement Plan with Rx.

Earlier this week, the Pension Boards and Humana hosted a series of informational webinars about the new plan. We were pleased to see that several hundred current plan participants joined the webinars. If you were unable to participate or wish to review the information presented, a recording is now available. Click here to view the presentation.

Among the questions raised during the webinars were how benefits and coverage under the new plan compare with the existing plan.

  • Your medical and pharmacy benefits will remain the same. In-office doctor visits, hospitalization, prescriptions, hearing aids, CPAP machines and other durable medical equipment, and mental health coverage will continue as before. There is no reduction in your benefits.
  • The UCC Medicare Advantage Plan with Rx will include new benefits not previously available, such as Silver Sneakers and emergency medical coverage during international travel.
  • The UCC Dental Benefits Plan will continue to be offered as it is now, as a stand-alone plan.
  • The UCC Vision Plan will also continue to be offered as a stand-alone benefit plan, as it is currently.
  • The new plan offering is for Medicare-eligible participants only. The UCC Non-Medicare Health Benefits Plan will remain the same in 2021.

Please be assured that our staff is working diligently to make this a smooth transition for our members. Additional information about the new plan is available below.

In response to your requests for more information about the Annuity Plan for the United Church of Christ, as announced last week, a series of educational resources including videos is currently under development. We will share additional information in upcoming communications to you.

I encourage you to continue to let us know how we can best serve you. Thank you for your service to our church. Stay well, and be safe.

Best regards,

Brian R. Bodager
President/CEO



COMING NOVEMBER 1!

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The first issue of a new Pension Boards online publication, Generations: A Journal of Faith and Finance, addresses a variety of current issues related to the places in our personal and corporate economic lives where the values of faith intersect with our financial obligations and opportunities. The inaugural issue is themed: “Mobilizing Resources for Change.” Watch your email for an introduction!


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READER SURVEY: WHAT TOPICS DO YOU WANT TO SEE?




Online Payment Portal for Members and Employers: Getting Started

Online payment is the New Standard for the Pension Boards. Please transition your monthly payment to our online portals today! If you are not already using the portals, it’s quick and easy to get started and transactions are secure. Click here for detailed instructions to set up your account. Your account, including any outstanding balances, and employee salary information, must be up-to-date before you use online bill payment for the first time.



Target Annuitization Date (TAD) Fund 2020 Closing December 31

The Target Annuitization Date (TAD) Fund 2020 will close in December of this year. In anticipation of the closing of the TAD Fund 2020, you will need to select one of the two options below.

  • Annuitize your account: Please notify Member Services no later than October 31, 2020.
  • Select a replacement fund for the TAD Fund 2020: Please notify Member Services no later than 12:00 p.m. on November 30, 2020.
  • Any balance remaining in your TAD Fund 2020 on December 31 will automatically be moved to the Stable Value Fund.

If you have any questions, or need help, please reach out to our Member Services team at 1.800.642.6543.



UCC Medicare Advantage Plan w/ Rx: Update

The new UCC Medicare Advantage Plan w/ Rx will replace the current UCC Medicare Supplement Plan with Rx, administered by Humana, on January 1, 2021.

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Information Packets

Humana Benefit Kit packets to current participants in the current UCC Medicare Plan have been sent out, and you may have already received yours in the mail. You may also view the Humana Benefit Kit here.



Humana Informational Webinar

Earlier this week, the Pension Boards and Humana hosted a series of informational webinars about the new plan. We were pleased to see that several hundred current plan participants joined the webinars. If you were unable to participate or wish to review the information presented, a recording is now available. Click here to view the presentation.

Customer Care

As we prepare for the transition to the new Plan, Humana Group Medicare Customer Care is available to help. You may call Humana at 1.866.733.1872, Monday through Friday, 8:00 a.m.-9:00 p.m. (Eastern Time) with questions you may have about your coverage. When calling, please indicate that you are with the Pension Boards-UCC.



Generations Financial Resources: A New Service for MFVI Participants

Generations Financial Resources, Inc., is a lending corporation designed to help alleviate the crushing burden of clergy indebtedness in the UCC.

Working in coordination with the Minister’s Financial Vitality Initiative it combines personal finance education, needs-based grants to reduce debt levels, and most significantly, low-interest rate refinancing to substantially reduce the rates our clergy are paying on their educational debt. Watch this video to learn more.

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Salary Report Update

As the Pension Boards transitions to a paperless environment and adapts to working remotely, we are converting to an online process for UCC churches and employers to update their employees’ salaries and pension contribution amounts. We will no longer send out the annual Salary Report to employers by mail in October.

Now, you may sign into your account on the Employer Portal and once logged in, select Salary Report/Update from the left-hand side of the page to make changes as soon as they occur. This will ensure that changes are timely, and that your monthly invoices will reflect the updated information as changes occur.

If you need a paper form, you may download and print a Salary Report Form from the Pension Boards website.

Should you have any questions, please reach out to our Member Services team at 1.800.642.6543 for assistance.



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.


Member Services

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Our full Member Services staff team is available as before to take your calls and answer any questions you may have. They may be reached at 1.800.642.6543 as well as on the online chat function on our website, www.pbucc.org.


During this time, please remember that you can fax or email documents and forms to us at 212.729.2701 or This email address is being protected from spambots. You need JavaScript enabled to view it., respectively, avoiding delays that may occur with postal mail.



Stay informed. Visit the Pension Boards’ website, and follow us on Facebook and Twitter.