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Alternative Pension Plan
To all Priests in the Protestant Episcopal Church in the Diocese of South Carolina:
As you are now aware, we are no longer affiliated with The Episcopal Church (TEC). As a result of our disaffiliation there could be changes in the Pension/Retirement Benefits available to priests in this diocese. If a priest’s relationship with TEC changes, contributions to the Church Pension Fund (CPF) on the priest’s behalf may no longer be made. Vested benefits would not be impacted by a relationship change.
Churches in Diocese of South Carolina reject Episc...
Diocesan Spokesman: ‘TEC has never, in 90 plus cases, agreed to a settlement. They’re not doing so now.’ CHARLESTON, SC, JUNE 15, 2015 [ ... ]Press Releases+ Full Story