The Board of Pensions welcomes inquiries from the media. Contact:
Executive Vice President and Chief Operating Officer
The Board of Pensions provides news and updates about how it fulfills its mission
of serving the Presbyterian Church (U.S.A.).
December 8, 2017
Board of Pensions Uncovers Fraud Scheme
The Board of Pensions is investigating the fraudulent redirection of 11 pension payments. The Board reissued the December payments to the pensioners, and acted immediately to ensure that no other Benefits Plan members or pensioners were, or would be, affected. The fraud did not affect any other plans or funds.
October 11, 2017
Board of Pensions Issues Statement on Housing Allowance Ruling
On Friday, October 6, Judge Barbara Crabb, a federal district court judge in the Western District of Wisconsin, found Section 107(2) of the Internal Revenue Code (the subsection dealing with housing allowances) to be unconstitutional based on
the establishment clause of the First Amendment. Section 107(1), relating to the exclusion of the value of manse housing, was not the subject of the lawsuit and
September 1, 2017
Board of Pensions Extends Prayers, Assistance Information to Harvey Victims
As the Board of Pensions continues to pray for the victims of Hurricane Harvey and its aftermath, and those laboring tirelessly to help them, the agency [along with its sister agencies in the Presbyterian Church (U.S.A.) and business partners] today offered the following information in hopes that it may help during this difficult time.
August 10, 2017
Board of Pensions Lowering Healthcare Costs for Seminarians (The Presbyterian Outlook)
The Board of Pensions is dramatically reducing pricing for seminarian healthcare coverage effective September 1, 2017. Individual coverage is now available at a 44 percent reduction in the current cost, and still includes the full range of healthcare services and prescription drug benefits.
August 8, 2017
Cultivated Ministry at the Board of Pensions (NEXT Church guest blog by President Frank Spencer)
Jesus never said check your intellect at the door and forget what you have learned outside the Church. Jesus praises the good manager in parables and chides those who waste or steal. We are obligated to make good use of our time, talent and treasure. Thus, we are called to excellence in all we do while extending the hand of hospitality and living in the grace of compassion.
August 4, 2017
Philadelphia ReStore Benefits from PC(USA) Board of Pensions Makeover (Presbyterian News Service)
James Chasten and Edward Brady of Habitat for Humanity Philadelphia entered the Board of Pensions third floor. Exit signs glowed in darkened hallways, quiet except for the soft hum of the mechanical systems deep inside the 29-story building. Office chairs sat jumbled in the corners of bare cubicles.
May 31, 2017
Board of Pensions Names Vice President, Growth Strategies and Solutions
Linda J. Jacobsen had reached a point in her career where she wanted two things: an opportunity to give back and a challenge. The Board of Pensions of the Presbyterian Church (U.S.A.) offered both.
May 4, 2017
Healthcare Bill Won't Diminish Essential Features of Church Medical Plan
The American Health Care Act (AHCA), passed today by the U.S. House of Representatives, would not affect coverage under the Medical Plan of the Presbyterian Church (U.S.A.) should it become law.
March 13, 2017
Board of Pensions Commits $100 Million to Environmental Markets
The Board of Pensions of the Presbyterian Church (U.S.A.) is significantly expanding its commitment to environmentally responsible investing by retaining Impax Asset Management Group, a London-based investment manager that specializes in resource efficiency markets.
February 22, 2017
Martha H. Reisner Named Church Consultant in Mid-Atlantic Region
Martha H. Reisner has been named Church Consultant for The Board of Pensions of the Presbyterian Church (U.S.A.), assigned to the greater Washington, D.C., metropolitan area. She joins the Board from Capital Region Theological Center (CRTC), where she was Executive Director.