Employer Agreement is your annual opportunity to review, select, and change your benefits offerings for the following year. Log on to Benefits Connect from July 20 through October 9 to make your selections and review costs for 2021. The Board of Pensions is ready to serve you and your employees with more choices and new benefits for the coming year.
At the Board of Pensions, we have a vision to provide every employee of the Presbyterian Church (U.S.A.) with access to benefits that support wholeness, and to offer more choices to congregations and PC(USA)-affiliated employers. 2021 moves us closer to serving more employers and members with the revised Benefits Plan of the PC(USA) — which offers more choices and new benefits.
For 2021, two benefits packages are available to support the well-being of ministers and their families:
Minister’s Choice. This benefits package, new for 2021, provides important financial protection during active service and security during retirement for ministers who are not in installed positions. It includes the Defined Benefit Pension Plan, the Death and Disability Plan, the Temporary Disability Plan (a new benefit for 2021), and the Employee Assistance Plan. It also expands access to assistance and education programs* now available only through Pastor's Participation, such as CREDO and Board University. Any minister who is not an installed pastor and is employed at least 20 hours per week is eligible for Minister's Choice, and the cost to the employer is 10 percent of effective salary.
Pastor's Participation. This comprehensive benefits package is designed to meet the healthcare and retirement needs of ministers and their families. Installed pastors must be enrolled in Pastor's Participation. Ministers who are not in an installed position and are regularly scheduled to work at least 20 hours per week may be offered Pastor's Participation. Coverage includes PPO family medical, the Defined Benefit Pension Plan, the Retirement Savings Plan of the Presbyterian Church (U.S.A.), the Death and Disability Plan, and — new for 2021 — the Temporary Disability Plan. Employer cost is 37 percent of effective salary.
*Member must meet eligibility requirements.
In addition to the disability benefits offered as part of the Death and Disability Plan, two new disability plans are available for 2021. These plans offer employers greater choice and the opportunity to provide this critical financial protection to more employees.
Temporary Disability Plan. In the event of a short-term disability, this financial protection benefit provides employees with a partial income for up to 90 days after a 14-day waiting period. This plan will be included in the Pastor’s Participation and the new Minister's Choice benefits packages.
Long-Term Disability Plan. This benefit offers financial protection for employees with a long-term disability that extends beyond 90 days, providing them with a partial income throughout their disability. Employers may provide this plan to employees who are not enrolled in the Death and Disability Plan.
When the Long-Term Disability Plan is offered with the Temporary Disability Plan, employees are provided with comprehensive financial protection should they become unable to work.
The Term Life Plan will offer the same low-cost coverage as the 2020 Benefits Plan with an additional feature for employers for 2021. Employers can choose to offer a fixed amount of coverage or, new for 2021, an income-based benefit amount.
No evidence of insurability is required at any time with either feature. Employers pay the full cost of Term Life Plan coverage.
Employers can choose from several benefits options that have no hourly work requirements for employees to participate. Consider these options for both full- and part-time employees.
The Board of Pensions is here to answer any questions about selecting benefits and to help you make the best choices for you and your employees. If you have questions or need assistance, call us at 800-773-7752 (800-PRESPLAN) and ask for the Employer Services team.