{"id":14714,"date":"2014-10-10T11:03:03","date_gmt":"2014-10-10T15:03:03","guid":{"rendered":"http:\/\/nccumc.org\/treasurer\/?post_type=nccumc_faq&p=14714"},"modified":"2022-06-10T09:30:17","modified_gmt":"2022-06-10T13:30:17","slug":"pensionmatch","status":"publish","type":"nccumc_faq","link":"https:\/\/nccumc.org\/treasurer\/faq\/pensionmatch\/","title":{"rendered":"I’ve heard there is a match from my church’s pension contributions. How can I make sure I’m earning that match?"},"content":{"rendered":"

Yes, there is a matching component included in the church’s pension\u00a0<\/span>contributions for both full and part time pastors.\u00a0 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).\u00a0 Their personal contribution is withheld from their paycheck and included on the monthly pension<\/span> bill the church receives from the conference.\u00a0 The cost to the church does not change regardless of the pastor’s decision to contribute personally.\u00a0 To begin or increase your personal contribution, complete the UMPIP Contribution Agreement form<\/a>.\u00a0 Give a copy to your treasurer and send the original by mail or email to benefitsteam@nccumc.org.\u00a0 The effective date of enrollment or changes must be the first of the month following the month in which you submit the form.<\/p>\n","protected":false},"author":6,"template":"","meta":{"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"_tribe_blocks_recurrence_rules":"","_tribe_blocks_recurrence_description":"","_tribe_blocks_recurrence_exclusions":""},"nccumc_faq_type":[93],"nccumc_faq_tag":[146,45,97],"class_list":["post-14714","nccumc_faq","type-nccumc_faq","status-publish","hentry","nccumc_faq_type-benefits","nccumc_faq_tag-match","nccumc_faq_tag-pension-2","nccumc_faq_tag-umpip"],"yoast_head":"\nI've heard there is a match from my church's pension contributions. 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