wesleyan pension fund

Click here to visit the Wesleyan Pension Fund website.

The Plan is under the jurisdiction of the Board of Pensions and Insurance elected by the Annual Conference of the Pacific Conference. The Plan is administered by an Administrative Committee appointed by the Board. The Committee is responsible for the interpretation, administration, and selection of the Investment Managers.

Participants are all full-time Ministers whose credentials are held by the Conference and serving a church under assignment. A full-time minister is one regularly employed in a position normally requiring more than 20 hours per week. Participation is not optional.

Contributions are to be made at least quarterly by each church for each minister assigned by the Conference. The contribution is to be seven and one-half percent (7.5%) of the compensation paid to the minister consisting of: cash salary, housing/utilities, social security, family health insurance, and professional expenses (auto, entertainment, continuing education). Housing includes the purchase of their own home, rental allowance or a parsonage furnished by the church. Forms are provided to make the calculation easy for the church treasurer.

All funds were transferred to the Wesleyan Pension Fund. You will receive notification from them once the transfer has completed. The merger of the Pension Funds is in no way related to any merger between the denominations.


Life | Disability | LIability

Group Term Life Insurance:
Each Assigned Pastor is covered by a $50,000 Group Term Life Policy through LifeMap (Regence).

Additional insurance may be purchased for pastor, spouse and children. Call for rates.

Long Term Disability Insurance:
This insurance is provided to Full time Pastors assigned by the Conference Superintendent, with premiums paid thorough the Church Offering. Currently, our provider is LifeMap (Regence).

Casualty and Liability Insurance:
The Pacific Conference has arranged with Brotherhood Mutual Insurance Company to be part of their ministry partner program. Besides property and liability, mission travel, vehicle, and workers' compensation insurance programs, the company also offers risk management and ministry payroll services, as well as numerous free website resources. The ministry artner prgoram does not affect insurance premiums, but it does help our denoination when member churches and ministries manage their risks well. In the event of claims, they can be processed faster. Consistent legal counsel is another good benefit.

For additional information on insurance for Property, Liability, Vehicle Protection, Workers' Comp., Excess Liability, Background Screening, or Mission Travel, click here Ministry First Insurance Program or contact James Reed and Associates in Salem at 503 588 8229. James Reed has been providing insurance to the Conference and many of its churches for over 20 years.