news article
Board of Pension and Health recommendation supported
June 6, 2019 / By Tara Barnes
The report and recommendation of the Upper New York Conference Board of Pension and Health Benefits, presented by board chair Mary Rublee, were both approved by the annual conference session Thursday, June 6.
The report from the board can be found on pages 160-161 of the Journal. The recommendation is on pages 45-46.
The recommendation allows retired and disabled clergy to claim their church pension, severance or disability income as a housing exclusion, as allowed per the 7th Circuit Court of Appeals and concerning IRS Code section 107.
The practice of the denomination and the Upper New York Conference is to provide active clergy with rental allowance or parsonage as part of gross compensation. The recommendation applies to the year January 1, 2020, through December 31, 2020.
The report described the work of the board, which includes securing health and retirement stability for clergy and employees of the Upper New York Conference through health care and benefits plans, pension plans, leadership development and education and participation in the conference investment committee.
In the wake of possible denominational changes in response to General Conference 2019, the board reassured the conference that its work with Wespath continues to ensure benefits remain secure. Further communications on a 2021 Health Flex Exchange program will come.