The Annuity Plan provides lifetime retirement income or beneficiary benefits to clergy and lay employees.
Membership in the Annuity Plan for the United Church of Christ is open to anyone working for a UCC employer. The Annuity Plan is a defined contribution plan as described in section 403(b)(9) of the Internal Revenue Code.
As a member of the Annuity Plan, in addition to being eligible for employer contributions, members may also make pre-tax personal contributions (also referred to as a tax-sheltered annuity or TSA) to the Plan. This savings opportunity is available to members whether or not their employer makes contributions on their behalf. The benefit provides members with additional money towards their annuities at retirement, and since personal contributions are withheld from pay under a salary reduction agreement, members also enjoy federal income tax advantages while they are contributing.
The UCC Medical Benefits Plan offers a schedule of comprehensive benefits to assist participants in maintaining healthy lifestyles, with emphasis on preventive care, wellness, and chronic condition management.
With health care costs rising faster than both salaries and inflation, wouldn’t it be great to find a way to reduce your out-of-pocket costs? And wouldn’t it be great if you could pay for child-care expenses on a pre-tax basis? You can do both by participating in the Flexible Benefit Plan for UCC Ministries (generically referred to as a Flexible Spending Account or FSA).
The Pension Boards-UCC knows that one of the greatest financial and emotional risks you face is the possibility of needing long-term care. The risks and associated costs are simply too great to ignore.
PBUCC is pleased to announce the availability of long-term care insurance to active and retired UCC employees and their family members. We have selected ACSIA Partners (formerly known as LTC Financial Partners), the nation’s leading provider of this important coverage, to provide education on the need for long-term care and available coverage options.
The Pension Boards-United Church of Christ, Inc. (PBUCC) offers financial planning services through Ernst & Young Financial Planning Services (EYFPS) at no cost to actively-contributing members of the Annuity Plan for the United Church of Christ.*EYFPS can help evaluate your financial position, retirement planning goals, and other financial concerns. Click here for more information.