“Delivered to You” For Active Clergy Coming in November
Due to ongoing COVID-19 developments and in the spirit of Wespath’s commitment to caring for those who serve, we have made the difficult decision to postpone the 2021 in-person revItup! and Clergy Benefits Academy events. Instead, in November we will once again host “Delivered to You,” an online event open to all active UMC clergy members. This news was communicated in the Wespath Update sent out August 11 and 12. More information about dates, times, cost and registration is available at https://www.wespath.org/events. We look forward to the day when we can meet safely in person; for now, we anticipate a lively, informative online event in November with “Delivered to You!”
Clergy Compensation Calculator
Want to know how much to budget for your church’s pension costs? The Clergy Compensation Calculator on the Treasurer’s Office Pension website can provide the answers you’re looking for. This tool performs the mathematical functions of the Clergy Compensation Worksheet without interfering with official compensation reports. Pastors, Finance Committee and SPRC members (anyone, really!) can run any number of compensation package scenarios to learn how different choices will impact the church’s pension budget line items and the pastor’s pension-related payroll withholdings. For questions, contact JoAnna Ezuka, Benefits Coordinator, at jezuka@nccumc.org.
Missed an online seminar? Want to view a past training?
Check out our Stewardship and Financial Wellness pages to watch videos from these events, and more!
Trying to Make Sense of the Church Pension Plans?
Download the Clergy Pension Benefits Guide 2021 for answers to the most commonly asked questions and current years’ pension rates. See the Pension Plan History outline for previous years’ CRSP and CPP billing rates.
Wespath Letter to 2020 and Future Retirees
We realize some participants in the UMC retirement investment accounts may have questions about their pending or future retirement. Please see Wespath’s Retirement FAQs for participants for answers to key questions.
UMPIP Automatic Features
Accessing Retirement Funds
Considering withdrawing your retirement money to meet a current financial need? The United Methodist Personal Investment Plan (UMPIP) is designed to provide retirement income. During difficult economic times, however, participants may feel forced to access these funds to relieve immediate financial obligations. This article describes and compares two methods of withdrawing money from your UMPIP account prior to retirement.
The New and Improved Benefits Access
Our lives are filled with so many tasks that create more work for us—accessing your Wespath benefits shouldn’t be one of them.
With so many other websites, it can be difficult to remember where or how to access your Wespath benefits and services. That changes later this year, when the new and improved Benefits Access becomes your single website for all your retirement and disability benefits.
Recent updates to the design and navigation of Benefits Access make it easier to use on your computer and mobile devices. With the new Benefits Access, you will still enjoy the improved site design and navigation with the added ability to see a summary of all your Wespath benefits. Benefits information will be right at your fingertips, whether you’re at home or on the go.
The way you log into Benefits Access will stay the same. Simply use your current Benefits Access login credentials at benefitsaccess.org. Not registered yet? Sign-up today!