By offering the Retirement Savings Plan of the Presbyterian Church (U.S.A.), you can support your employees' financial well-being by helping them improve their financial readiness for retirement through tax-advantaged savings.
The Retirement Savings Plan of the Presbyterian Church (U.S.A.) is a unique, national, qualified 403(b)(9) defined contribution church plan offered by the Board of Pensions as part of the Benefits Plan of the PC(USA). The plan is an affordable, convenient way for your employees to build savings for retirement. For employers, the Retirement Savings Plan is designed to reduce your organization's costs and fiduciary responsibilities and ease your administrative load.
We partner with Fidelity Investments — a nationally recognized industry leader with a proven track record — to offer this superior retirement savings vehicle. Our partnership with Fidelity is based on our shared values:
We understand your challenges and have designed the Retirement Savings Plan to meet your goals.
|Do you want to ... ?||The Retirement Savings Plan offers ...|
|Reduce costs for the organization and plan participants||Low fees for participants and no fees for the organization|
|Ease your administrative load and fiduciary responsibilities for the organization||Reduced administrative and fiduciary responsibilities|
|Receive educational support for participants about the plan||Educational tools and support for participants|
|Offer a competitive plan that helps in recruiting and retaining employees||An attractive plan that will assist in recruitment and retention efforts|
|Work with a reputable organization that shares your values||A proven partner that understands and shares your values|
You may offer the Retirement Savings Plan to any employee, regardless of the number of hours they work per week.
Church employers are required to offer the plan to ministers enrolled in Pastor's Participation. You may choose to offer the plan to ministers enrolled in Minister's Choice and any other employee, regardless of the number of hours worked. Members working in post-retirement service are eligible to participate.
The Retirement Savings Plan is designed to meet both your needs and the needs of your employees. That's why the plan provides a variety of features that distinguish it from other commercial plans.
Learn more about the plan's advantages for employers.
Learn more about how the plan can benefit employees.
If you currently offer benefits through the Benefits Plan of the Presbyterian Church (U.S.A.), you may elect this benefit at any time. Call the Board of Pensions at 800-773-7752 (800-PRESPLAN) (TTY: 711) to learn more.
If you do not currently offer benefits through the Benefits Plan and would like to learn more about its features and how the Board of Pensions serves employers, call our Employer Services team at 800-773-7752 (800-PRESPLAN) (TTY: 711) to discuss how we can best meet your and your employees' needs.