The pre-1982 pension and retiree health plans have met funding goals based on certain assumptions in future benefit increases and market investment performance. Great variations in actual benefit changes or […]
budget
What happened to the Past Service Liability apportionment?
The Past Service Liability apportionment is being removed from the 2021 budget as the pre-1982 pension and retiree health funding goals have been met.
Why did our World Service & Connectional Ministries apportionment line decrease for 2020?
The apportionments calculated for and raised in 2020 fund the 2021 budget, which has decreased dramatically. There are a few changes to the budget for 2021 but the greatest driver […]
What is causing the Conference budget to change in 2021?
There are a few changes to the budget for 2021 but the greatest driver by far is the change in funding for clergy retirement benefits. The lines for Conference Claimant […]