Welcome to Employer News, a newsletter from The Board of Pensions of the Presbyterian Church (U.S.A.). This publication highlights recent Board news and important updates and information specifically for employers. We hope you find this newsletter useful, and we welcome your feedback at any time.

Benefits Connect Update: Service Change

Because of the unique features of the Benefits Plan of the Presbyterian Church (U.S.A.), it’s important for employers to report when an employee is coming from — or going to — employment with another PC(USA) employer. Known as a service change, this information is now part of enrolling a member for benefits or terminating an employee's benefits online through Benefits Connect.

When enrolling a new member through Benefits Connect, employers can specify if the new employee is coming from a PC(USA) employer. And, when reporting a termination of employment through Benefits Connect, employers can indicate whether the member is going to another service within the PC(USA).

Remember, it’s important for current — and future — benefits that enrollment and termination information is reported accurately and in a timely manner. Paper forms are no longer needed (or accepted) for any of the following:

  • enrolling a new member
  • termination of benefits
  • service change

Please discard any printed forms you have and make these changes online through Benefits Connect.

In addition, new members, when electing benefits through Benefits Connect, can provide ordination information.

Further enhancements to Benefits Connect planned for 2017 include the ability for employers to view member benefits elections and associated costs through Benefits Connect. Until then, you can view your Employer Agreement on Benefits Connect for member medical costs. Please refer to the Benefits Overviews on pensions.org for dental, supplemental death, and supplemental disability coverage costs.

Contact the Board of Pensions with any questions at 800-773-7752 (800-PRESPLAN).

Get Ready To Select 2018 Benefits

Whether you employ one or 100, it’s not too early to start considering the benefits you will offer employees in 2018. Important decisions include

  • whom should be covered (and when);
  • what benefits to offer; and
  • how much you will contribute to the cost.

It’s important to begin making these decisions now so that you will be ready when Employer Annual Enrollment opens in mid-July. That’s when you will begin reviewing and selecting benefits for 2018 on Benefits Connect. The costs of benefits will also be available at that time.

Look for new and updated information about selecting benefits and the Employer Agreement coming soon:

  • a new section on pensions.org, focusing specifically on information employers need
  • updated web tutorials that walk you through the decision-making process and the steps to take to submit your Employer Agreement
  • quick-start guides and additional resources to help you determine benefit groups and select benefits

Watch Board Connections, Employer News, and your email for more information!

Board of Pensions Receives Limelight Award for Inspiring Change

The Board of Pensions has received a 2017 Limelight Award for inspiring change and driving positive results with Call to Health, the Board’s health and well-being initiative. Presented by Limeade, the wellness technology company that supports Call to Health, the award showcases an organization that has used wellness technology to successfully engage participants and demonstrate significant change in well-being results. We are grateful to the thousands of members who have answered the call.

All Employees Are Eligible for the RSP

Did you know that all PC(USA) employees are eligible to participate in the Retirement Savings Plan of the Presbyterian Church (U.S.A.) (RSP)?

At recent Benefits Connections gatherings across the country, many of those responsible for selecting benefits for employees appreciated the reminder that all PC(USA) employees, regardless of the number of hours worked, are eligible and encouraged to participate in the RSP if their employer offers it. (Remember that teaching elders in Pastor's Participation must be offered the opportunity to participate in the RSP.)

Helping Employees Participate

If you completed an Employer Agreement with the Board on Benefits Connect last year, you have formally adopted the RSP and can offer it to your employees! The required forms are posted on pensions.org under Available Resources > Forms > Retirement Savings Plan and are linked below. To enroll an employee in the RSP, follow three easy steps:

  1. Collect a completed Salary Deferral Agreement. Review for accuracy, give a copy to the employee, and keep the original for your files.
  2. Collect a completed Fidelity Enrollment Form. Review for accuracy and completeness, give a copy to the employee, and set aside the original to send to Fidelity (see step 3 below).
  3. Complete the Initial Contribution Remittance Form (one form for all employees enrolling). Employee contributions should match salary deferral amounts from each salary deferral agreement in step 1, and should correspond with the funds that you remit to Fidelity with this remittance form and the completed Fidelity Enrollment Forms from step 2.

More Information for Employers

Employers with questions about the RSP may call the Board at 800-773-7752 (800-PRESPLAN) or Fidelity’s treasurer and administrator assistance line at 800-917-4369.

RSP Compliance Checklist on the Way to Employers

The Retirement Savings Plan of the Presbyterian Church (U.S.A.) (RSP) is a church defined contribution plan subject to certain requirements of the Internal Revenue Code. While the Board (as plan sponsor) and Fidelity Investments (as record keeper) are responsible for overall RSP compliance, there are certain compliance matters that only the employer can oversee because they relate to eligibility, the employer contribution structure, or employee elections and wages. In the next few weeks, the Board will send its compliance reminder checklist to employers participating in the RSP.

More Information for Employers

Employers with questions about the RSP may call the Board at 800-773-7752 (800-PRESPLAN) or Fidelity’s treasurer and administrator assistance line at 800-917-4369.

Time To Think about Big Tent!

Registration is open for this summer’s Big Tent conference, scheduled July 6-8 on the campus of Washington University in St. Louis. The theme is Race, Reconciliation, and the Reformation. Through plenary events, Bible study, workshops, and worship, participants will be challenged and renewed by the power of the Gospel message to overcome current realities of anxiety, division, and inequality.

Registration is $395, including three nights’ accommodations. The commuter rate is $225. Details, including those on additional packages, are available on the Accommodations & Meals page. Interested in attending? It’s recommended that you review the schedule of events before registering.

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If you have questions, call the Board at 800-773-7752 (800-PRESPLAN) and speak with a service representative.