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 by far is the change in funding for clergy retirement benefits. The lines for Conference Claimant – Retiree Health and Past Service Liability are removed from the 2021 budget as both of those funding plans have met the funding goal. This removes $5 million from the budget and, when combined with the 1.66% increase in General Conference apportionments and almost 1% increase in Annual Conference apportionments, results in a 22.85% reduction.
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