Yes, there is a matching component included in the church’s pension contributions for both full and part time pastors. In order to earn the full benefit from the church’s contributions, pastors must contribute at least 1% of their plan compensation (line 7 of the Clergy Compensation Worksheet) as a personal contribution to the United Methodist Personal Investment Plan (UMPIP). Their personal contribution is withheld from their paycheck and included on the monthly pension bill the church receives from the conference. The cost to the church does not change regardless of the pastor’s decision to contribute personally. To begin or increase your personal contribution, complete the UMPIP Contribution Agreement form. Give a copy to your treasurer and send the original by mail or email to email@example.com. The effective date of enrollment or changes must be the first of the month following the month in which you submit the form.
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