Your pension benefit is one source of income after you retire. Other sources typically include Social Security and your personal savings, including your contributions to plans such as the Retirement Savings Plan of the Presbyterian Church (U.S.A.).
The Pension Plan is a defined benefit plan. That means you receive a guaranteed monthly benefit throughout your lifetime. Your eligible survivors may receive payments after your death.
You do not contribute to the Pension Plan. Dues from employers and Pension Plan investment earnings fund the full cost of the benefit.
Estimating Your Pension Benefit
To estimate your pension benefit at retirement, use the pension estimator on Benefits Connect, or call the Board of Pensions at 800-773-7752 (800-PRESPLAN) and request a pension quote.