The Church Pension Fund (CPF) administers The Church Pension Fund Clergy Pension Plan (the Clergy Pension Plan) for the Episcopal Church. CPF provides pensions and related benefits for Episcopal clergy, their eligible surviving spouses or other named beneficiaries, and eligible dependent children. Clergy Pension Plan Revisions are expected to take effect on January 1, 2018. For more information, Clergy Pension Plan Revisions.
As mandated by the Constitution and Canons of the Episcopal Church, CPF levies assessments on churches and church-related organizations to provide these benefits. The formula for calculating the pension contribution is 18% applied to the total of cash salary, Social Security tax reimbursement, utilities, and housing. Changes in compensation must be reported to the Church Pension Fund using the form provided below.
The Guide is a summary of the Clergy Pension Plan and the way it applies to most clergy. Individual situations may differ in some detail from those described in the Guide. To discuss specific circumstances, call Pension Services at (866) 802-6333, Monday – Friday from 8:30am – 8:00pm ET (excluding holidays).