Home > General info > Denominational Health and Lay Pension Plans Pass

Denominational Health and Lay Pension Plans Pass

Both the House of Deputies and the House of Bishops finalized the passing of Resolutions B026, Implementation of the Denominational Health Plan, and C042, Extend Implementation Period for Lay Employee Pension Plan (LEPP), on Wednesday, July 11.

Resolution B026 commends the 94 percent of domestic dioceses that have already enrolled in the Denominational Health Plan and confirms that the remainder of dioceses, parishes, missions, and other ecclesiastical organizations or bodies be enrolled in the Episcopal Church Medical Trust no later than January 1, 2013. The resolution also extended the timetable for dioceses, etc. to achieve parity between clergy and lay employees to no later than December 31, 2015. Additionally, with an amendment that came in the House of Bishops, the Church Pension Fund has until December 31, 2015, to arrive at a more equitable sharing of health premium costs for all entities within The Episcopal Church.

Resolution C042 reaffirms the actions of General Convention 2009 and states that all employees serving at domestic schools under the authority of the Church, serving children of any age, who work 1,000 hours per year must be a part of the Lay Employee Pension Plan of the Church Pension Fund or TIAA-CREF plan. C042, however, extends the timetable for contributions. Schools have up to January 2018 to be in full compliance with the resolution of a 5% employer contribution and up to a 4% match.

Both resolutions can be found on the General Convention website.

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Categories: General info
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