The Center for Connectional Resources

2012 Pension and Health Insurance Rates

2012 PENSION AND HEALTH INSURANCE INFORMATION

PENSION

Clergy Retirement Security Plan (CRSP) pension must be paid by the local church for all full-time appointed elders, deacons, local pastors and probationary members. In addition, pension should be paid by the local church for part-time and less than full-time appointed elders and local pastors; however, less than full-time appointees have the option to waive participation in the pension plan. The appointee must have a notarized signature on an original waiver which must be mailed to the conference Center for Connectional Resources.

Although the actual amount due under CRSP cannot be determined until the pastoral compensation is set, the amount of the 2012 pension premium will be $6,704 (the Defined Benefit portion) plus 3% of pension plan compensation (the Defined Contribution portion). Pension Plan Compensation is comprised of cash compensation (line 6 of the 2012 Ministerial Compensation Report) plus total housing (line 9). If a parsonage is provided, then the value of the housing to be added to the base compensation is 1.25 times the total of lines 6 and 8. The Defined Benefit portion is an increase of approximately 3.5% over the 2011 Defined Benefit amount, while the Defined Contribution portion will be based on the actual change in that individual’s pension plan compensation.

HEALTH INSURANCE

The appointee’s health insurance premium must be paid by the local church for all full-time appointed elders, deacons, probationary members and full-time local pastors. Part-time and student local pastors are not eligible for conference health insurance. The 2012 rates reflect a 3.1% increase over the 2011 health insurance rates (single - $8,880; two-party - $16,860; family $21,288). Beginning in 2010, the conference BOPHB started spending down health insurance reserve by supplementing the premiums billed to the local churches. For 2010, that subsidy totaled $300,000. For 2011, the subsidy totals $200,000.

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Clergy Benefits Academy 2012 - February 6-8, in Mesquite, Texas

Clergy Benefits Academy 2012

All active clergy members of The United Methodist Church: The General Board of Pension and Health Benefits of The United Methodist Church invites you to attend the Clergy Benefits Academy!

Plan now to attend! The Clergy Benefits Academy will be held February 6-8, 2012 in Mesquite, Texas. This event is a unique opportunity to learn about the many benefit issues that affect your life and ministry. You can even earn continuing education units (CEUs) for attending the Clergy Benefits Academy.

The Clergy Benefits Academy is for all ages and stages of ministry—new ordinands, early-career clergy, mid-career clergy, ready-to-retire clergy, district superintendents, clergy in extension ministries, and spouses. There is something for everyone!

Event Information

The Clergy Benefits Academy begins at 1:00 p.m. on Monday, February 6 with worship and an opening plenary session. The event will conclude on Wednesday, February 8 at 2:30 p.m.

Classes are scheduled on a track, so you can attend each session. Your assigned track will be provided to you when you arrive at the event’s registration table.

You can earn 1.5 CEUs if you complete 10 classes and 1 CEU if you complete seven classes. At event registration, you will receive a passport that will be stamped at the completion of each class. This passport will help us determine the CEUs to be awarded at the conclusion of the event.

Details & Registration

Register for ONLY $119.00 ($209.00 with spouse) by December 30, 2011. Registration after this date is $149.00 ($239.00 with spouse). The fee includes: