Conference Board of Pensions Waive Local Church Benefit Obligations for January
January 18, 2022
The COVID-19 Omicron Variant and other pandemic concerns continue to impact our churches and conference. Due to the positive year-end results for the Conference Board of Pensions and Health Benefits, primarily due to the strong market performance of its investments, the Board has approved a waiver of premiums for January 2022. Local churches will not be billed for the local church component of the Conference Sponsored Pension and Health Benefits Plans.
Benefit obligations waived include:
- Church Pension Premiums (CRSP-DB, CRSP-DC, and CPP)
- Church Health Benefits Premiums
This waiver will not impact the benefits received by any of the participants. Due to legal and payroll deduction requirements, clergy contributions will continue as usual.
Download the official announcement from WNC Conference Treasurer, Dr. Mark King.