Thinking about retirement? You’ll want to attend this webinar!
Wespath sent an eblast on Tuesday, November 2 to clergy participants aged 55 and older about an upcoming pre-retirement webinar presented by Wespath’s Benefits Education team. Two identical sessions will be offered Tuesday, November 16, 2021, 2:00 to 3:00 p.m. and Thursday, November 18, 2021, 11:00 a.m. to 12 noon (Central time). This pre-retirement webinar is designed specifically for participants who are planning to retire in the next few years and will include information about distribution options, options for deferring benefits, navigating Benefit Access to choose options, and more. There is no cost to attend this webinar. Register for one of these dates by clicking here.
“Delivered to You” For Active Clergy: November 8 & 9, 2021
Active clergy: register for “Delivered to You,” which will take place 1:00 p.m. to 4:30 p.m., Central time, on November 8 and 9, 2021. This motivational and educational virtual event is for all active clergy and will feature the best of Clergy Benefits Academy and revitup! The decision was made to cancel these in-person events due to rising COVID-19 Delta variant infection numbers this summer. Click here to learn more. The virtual link to attend will be sent to all registered participants within one week of the event from sender “Wespath Events”. The registration fee is just $59.00 and includes the event Care Package that will be shipped in advance. Clergy can earn CEUs at this event!
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!