The Assistance Program may be able to help qualifying retired church workers who are unable to meet financial or retirement housing needs through personal and other resources by providing
- Income Supplements;
- Housing Supplements.
This program is designed to supplement the monthly income of retired church workers (generally, persons formerly employed full time in the Presbyterian Church (U.S.A.)) and their surviving covered spouses whose total income from all sources is below certain levels who have
- 20 or more years of service to the Presbyterian Church (U.S.A.) or its predecessors;
- commensurate participation in the pension portion of the Benefits Plan; and
- a maximum annual income of
- $30,420 a year for a single person; and
- $36,540 a year for a retired member and a spouse.
If you served the Church between 10 years and 20 years, or if you retired early, target levels will be pro-rated (or reduced).
If you are not receiving Social Security benefits, the Board assumes that you have secured alternate protection, and any assistance is reduced by an amount which the Board determines would have been payable under Social Security.
Depending on the type of housing in which they live, retired plan members who have
- 20 or more years of service to the Presbyterian Church (U.S.A.) or its predecessors; (generally, persons formerly employed full time in the Presbyterian Church (U.S.A.))
- commensurate participation in the pension portion of the Benefits Plan;
- total income from all sources of no more than $42,640 per year; and
- assets that do not exceed
- $35,000 for a single person who lives independently or $20,000 for a single person in assisted living; or
- $50,000 for a couple who live independently or $35,000 for a couple in assisted living
may receive financial assistance to help with the costs associated with
- a current home or apartment;
- entering a retirement home;
- paying the monthly room and board fee for a unit in a retirement community;
- moving (under certain circumstances).