The Orthodox Church in America Pension Plan was established in 1976 to provide a retirement income to clergy and full time workers of the Church. All American Councils have mandated participation in the Plan for all clergy and have appointed the Pension Board to supervise the administration of the Plan.
Please note that while participation in the Plan has been mandated for clergy since 1976, a recent restatement of the Plan removed the reduction of benefit penalty for benefits accruing effective January 1, 2010. However, no benefit will accrue for those who fail to participate. Please review the Plan dedicated website to learn more about how you can begin accruing benefits today. The Plan’s administrator is available for any questions you might have. As always, the Board reminds all clergy to seek professional tax advice.
The Pension Board has proudly been providing monthly benefits to retirees, widows, and beneficiaries for over 40 years. This is a very valuable benefit for those eligible to participate.
Website: ocapension.org
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