Covenant Pension Plan
The Covenant Pension Plan provides participating ministers and missionaries with future retirement benefits paid for by their employer. Here you will find details regarding the pension plan as well as relevant contact information. Information about the Board of Pensions and Benefits can be found by clicking here.
Overview – Preview of Coming Changes to the Covenant Pension Plan (“CPP”)
Greetings ECC! We hope you will take the time to watch this ~26-minute video outlining the key proposed changes to the CPP and the related implications for you as a participant or a local church. These changes will be voted on at Gather in Omaha. Last week, we sent a technical notice on the Plan Amendments as required by our ECC constitution (60 days in advance of Gather). We trust that this summary video will help provide further understanding of the context of our evaluation and the implications of plan changes for you. This serves as an advance preview of the near-final changes to be presented at Gather. Final decisions will be recommended by the Board of Pensions on May 17 and affirmed by the Executive Board in June.
Thanks for the many ways in which you have participated in this 3+ year process of plan evaluation. It is a privilege to serve you and to continue to reorganize our retirement plans to better serve the whole of the ECC.
Paul Hawkinson, Director of Pensions