As we begin a new month, my prayers continue for the health and safety of each of you, your loved ones, and the people you serve.
We are now midway through our 29th week since we first closed our offices due to the COVID-19 pandemic. What many initially thought would be an interruption of a few weeks has now impacted the way we conduct business for more than half the year. While a few colleagues are safely working in the office, the majority of our staff will continue to work from home for the remainder of 2020. We will keep you apprised of any changes.
I hope that you and your loved ones are enjoying the start of the fall season, remaining well and safe.
When you think about what the Pension Boards does, the first thought that may come to mind may be our 106-year history as a provider of benefits for employees of the UCC and its predecessor bodies. That is certainly our core responsibility – to help those who serve the church achieve greater economic security in their working years and in retirement with pension, health, life insurance, disability, and supplementation programs.
Over the past several weeks, you have seen in this message an invitation to participate in a quick, two-question survey about the topics and issues most important to you. One topic that has been at the forefront, as seen in the visual word cloud below, is retirement – specifically planning for retirement, better understanding benefits, and how our funds are performing.
This week, Bank of America Corporation (BAC) announced a $2 billion bond deal called “Equality Progress Sustainability Bond” with funding that will help fight against income and social inequality in America’s Black and Hispanic communities. The Pension Boards has invested $6.6 million on behalf of its members.
By Rev. James Moos, Executive Director, Faith and Finance Ministries
“It just took off as if there was jet fuel.” So said Sheriff Brett Meyers of Whitman County, Washington concerning the fire that mostly destroyed the town of Malden. At the time of this writing, there are more than 100 active large fires burning in western states that have consumed approximately 6.6 million acres. Dozens of persons have died as a result, thousands of homes and buildings have been destroyed, and numerous communities are experiencing the worst air quality on the planet.