Last year marked the first time the Pension Boards offered a Summer Internship Program. Our experiences – and those of the five interns – in 2019 were a resounding success. Two of the interns in the initial cohort began their careers with the PBUCC staff team following graduation. Learnings from the first year of the program helped us to further develop and strengthen the plans for the 2020 program.
These were the final words of George Floyd, who was murdered at the hands of police officers in Minneapolis. The same words were uttered by other persons of color who died of asphyxiation at the hands of police. The words have been adopted by the Black Lives Matter movement and are chanted by protestors in the U.S. and beyond in their demand for racial justice. The Pension Boards of the United Church of Christ joins in that demand; we condemn racism in all of its forms and commit ourselves to action.
The IRS released Notices 2020-29 and 2020-33 which provide tax relief through increased flexibility for taxpayers with Flexible Spending Accounts, including Health and Dependent Care.
Which Lifetime Income Annuity is Best for You at Retirement – Basic or Participating?
If you are a Pension Boards member approaching retirement, it is important to understand the two lifetime income annuity options available to you, the Basic and Participating Annuity. Read this Q&A aticle to learn more.
We prepared for this time!
The entirety of the Pension Boards is operating remotely and has been for 9 weeks!
The Pension Boards joins other faith-based investors, activists, and justice advocates to support a petition that protects the health of migrant farmworkers in Immokalee, FL.
Ubuntu is a Southern African term that is often translated as, “I am because we are.” It means that we cannot become the people we are created to be and fulfill our potential apart from one another. Ubuntu points to the truth that our lives, our destinies, our very humanity are formed in community.
Along with the leadership team and my colleagues at the Pension Boards, as well as many others in the wider church and throughout our world, I have been reflecting deeply about the questions presented by the COVID-19 pandemic. Certainly, the pandemic has had a devastating impact on those struck by the disease, their families, caregivers, and communities, and our sincerest prayers go out to all of them. But as a ministry of the United Church of Christ that serves some 20,000 clergy and lay church workers and the many congregations and UCC-related organizations participating in our health, annuity, and other benefit plans, we are especially challenged with the questions posed by this crisis specifically to the church and what it may become on the other side of the darkness.
Many of our congregations, already challenged by economic pressures due to decline, changing demographics, new technology, and the high costs of old buildings – including insurance and deferred maintenance – are faced with the new pressures of virtual gatherings, reduced contributions and doing pastoral care while socially distancing. As if this were not difficult enough, government red tape and long lines for service even to seek the meager relief now available are extremely taxing on small staff congregations and part-time clergy already stretched to their limits.
What can we learn from this experience as a church, as a financial ministry of the United Church of Christ, and as individuals concerned about the health and wellness of our leaders, parishioners, congregations, and institutions?
April 2, 2020
The links below provide helpful information for members and churches/employers impacted by the COVID-19 pandemic: