A Benefits Plan to serve more in 2025

Review your 2025 Employer Agreement

The time to review Employer Agreements for 2025 benefits is Thursday, Aug. 29, through Friday, Oct. 4. During this period, employer representatives can log in to Benefits Connect to review benefits selections and pricing for 2025.

For your convenience, your employees who are enrolled for 2024 benefits will automatically be enrolled in the same benefits for 2025. 

This ensures that your employees have continuity of coverage from 2024 to 2025 unless you make a change to your cost share and/or benefits.

• If you do not want to make changes to your benefits selections for 2025, your Employer Agreement is complete.
• If you would like to make changes to the benefits you offer for 2025, call the Board at 800-PRESPLAN (800-773-7752) (TTY: 711) and we’ll walk you through completing your Employer Agreement.
  
  

Contact us Please contact a member of the Affiliate Markets team if you’d like to hear more about benefits offerings for 2025. If you have questions about your Employer Agreement, please call Employer Services at 800-PRESPLAN (800-773-7752) (TTY: 711). We are here to serve you.

What’s updated for 2025

Benefits Plan enhancements

The 2025 Benefits Plan includes benefits enhancements that better serve employers and their employees:

• Death and disability benefits and pension credit accruals will be calculated using one median effective salary, improving benefits for some employees and supporting parity among all plan members.
• Death benefits through the Death and Disability Plan have increased:
• minimum benefit for beneficiaries of retired members has been increased from $10,000 to $12,500
• maximum salary has been increased from $110,000 to the IRS compensation limit ($345,000 in 2024)
• value of the benefit has been increased for survivors of members ages 50 to 64
• Supplemental death benefits dues have been reduced by 10%.
• The waiting period for temporary disability benefits has been reduced from 14 to seven days.
• The benefit provided by the Death and Disability Plan has been increased from 60% to 70% of the member’s salary or the median salary (whichever is greater).
• The benefit provided by the Long-Term Disability Plan and the Temporary Disability Plan has been increased from 60% to 70% of the member’s salary.
• Term life coverage will be available at higher amounts, and accidental death and dismemberment coverage is now included with that coverage.


Learn more about these enhancements.

Introducing the Covenant Package: Income protection with added value

For 2025, employers can offer the Covenant Package — a bundled set of income protection benefits — at an exceptional value.

• Defined Benefit Pension Plan
  
• Death and Disability Plan
  
• Temporary Disability Plan
  
• Employee Assistance Plan


Members of the Benefits Plan also receive access to assistance and education programs that support their holistic well-being.

Any employee working 20 hours or more per week is eligible to participate.


Learn more about the Covenant Package.

Do you have a minister in Pastor’s Participation?

Ministers in Pastor’s Participation as of Dec. 31, 2024, will automatically be enrolled in Transitional Pastor's Participation for 2025. Transitional Pastor’s Participation continues the noncontributory dues structure of Pastor’s Participation as a percentage of effective salary through Dec. 31, 2027, subject to cost increases. If you would like to make changes during the Employer Agreement period, call the Board at 800-PRESPLAN (800-773-7752) (TTY: 711).

Why update the Benefits Plan? With the goal of updating the dues structure to serve employers’ needs better and support the holistic well-being of a broader range of members, we developed the 2025 Benefits Plan, effective Jan. 1, 2025, to enable employers to include more people in our high-value benefits offerings.