In response to the urgent problem of clergy educational debt, the Pension Boards-United Church of Christ (Pension Boards) and the National Setting of the United Church of Christ (UCC) have entered into partnership to raise $3 million across the wider church in support of clergy financial wellness. This collaborative fundraising effort, the first of its kind collaboration, reflects the ministries’ shared commitment to holistic wellbeing of those who serve the church.
A series of powerful earthquakes, the most damaging on January 7 and the most recent on January 11, have killed one, injured several, and caused significant destruction and disruptions in power and other services on the island of Puerto Rico.
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.
Interview by Ashley Kuzmech*
The Pension Boards interviews the Rev. Richard Walters, Director of Corporate Social Responsibility (CSR), to discuss PBUCC’s top priorities with regard to climate change, human rights, and supply chain management.
Recently, Lan Cai, Deputy Chief Investment Officer for the Pension Boards-United Church of Christ (PBUCC), was a panelist at Pensions & Investments’ inaugural Emerging Markets conference in New York City. The featured discussion highlighted investment opportunities and strategies in growth markets such as China. As a follow-up to that conversation, the Pension Boards sat with Lan to highlight PBUCC’s long-term investing approach to emerging markets on behalf of its members’ portfolios in the Annuity Plan.
Annuitants receiving monthly annuity payments can now view the exact amount of their annuity payments through our bank, Northern Trust.