The Assistance Program of the Board of Pensions provides Income Supplements to eligible retired Presbyterian Church (U.S.A.) employees and their surviving spouses in need. The amount of support you may receive depends on your total income from all sources, a target income based on your years of pension plan participation and marital status, and your Social Security participation.
This assistance raises to certain levels the monthly income of employees who have served the Church for many years at modest wages. Income Supplements run for the duration of retired members' lives, unless their financial circumstances change.
To qualify, retired members or surviving spouses must
The amount of support you may receive depends on your total income from all sources, a target income based on your years of pension plan participation and marital status, and your Social Security participation.
Your years of pension plan participation and marital status determine your target (maximum annual) income, as follows.
|2021 Income Supplement maximum annual income |
|Years of pension plan participation||Retired single members||Retired members with spouses|
|10 to < 20*||Prorated||Prorated|
|20 to < 25||$33,660||$39,780|
|25 to < 30||$36,720||$42,840|
|30 or >||$39,780||$45,900|
The Board of Pensions assumes you have secured alternate protection if you are not receiving Social Security benefits.
*Partial supplementation may be available for those with at least 10 but fewer than 20 years of service to the PC(USA), during which they participated in the Defined Benefit Pension Plan.
Call the Board at 800-773-7752 (800-PRESPLAN).