As a reminder – do not send any correspondence with your monthly invoice and check. Any forms or communications should be sent directly to our Member Services team by either email: This email address is being protected from spambots. You need JavaScript enabled to view it.; fax: 212.729.2701; or mail to: 475 Riverside Drive, Suite 1020, New York, NY 10115.
Online payment is the new standard for the Pension Boards. Please transition your monthly payment to our online portals today! If you are not already using the portals, it’s quick and easy to get started and transactions are secure. Click here for detailed instructions to set up your account. Your account, including any outstanding balances, and employee salary information, must be up-to-date before you use online bill payment for the first time.
Employers: Click here for a new, updated User Guide for online bill pay.
Self-Pay Members: Click here for a User Guide for online bill pay.
Through Northern Trust’s Benefit Payment Participant Web Passport®, annuitants receiving monthly annuity payments can now easily access Form 1099-R and view the exact amount of their annuity payments.
Visit Northern Trust’s Benefit Payment Participant Web Passport® here: northerntrust.com/bppweb. For assistance, contact the Northern Trust Benefit Payment Participant Service Center at 1.888.259.6835.
The Pension Boards has invested $3.5 million in Fannie Mae’s $315 million Multifamily Social Bond (FNA 2021-M1S), under Fannie Mae’s Guaranteed Multifamily Structures program. The Pension Boards Sustainable Balanced Fund’s inaugural fixed-income investment is a multi-family social bond issued by Fannie Mae, which supports affordable housing initiatives in the U.S.
The United Church Board for Ministerial Assistance, the charitable arm of the Pension Boards, is pleased to announce that the application season for the next cohort of pastors to participate in the Next Generation Leadership Initiative (NGLI) is open. NGLI is a leadership development initiative that equips, energizes, and empowers younger United Church of Christ local church pastors to build vibrant congregations that change lives and further God's mission in the world. If you don’t know much about the initiative, please watch this video to see and hear participants describe the transformative experience.
IMPORTANT NOTE: Please be advised that any paper financial requests (such as withdrawals or distributions) received after 12:00 noon EST on Tuesday, December 21, 2021, will be processed on Monday, January 3, 2022. If you want to perform any distribution for 2021, you must submit your request before the December 21, 2021 deadline.
Any fund reallocations or balance transfers made on the website must be submitted by 12:00 noon EST on December 31, 2021. The website will close at noon. No transactions will be able to be transacted after this time for 2021. The website will reopen on January 1, 2022.
If you have any questions, please contact Member Services at 1.800.642.6543.
Beginning January 1, 2021, the Pension Boards' policy will be to accept only current or future dates on all benefit forms submitted to effect any benefit enrollment or change for our members. Retroactive effective dates will no longer be accepted. Look for additional communications regarding this change in coming weeks.As we head into the final stretch of 2020, you may still be able to lower your federal income tax for the year. You can do so by reducing your taxable income, which in turn lowers your taxes, or by making the most of deductions that may be available to you this year.
Also, this is a good time to review a few major provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, enacted by the federal government in March 2020 as a response to COVID-19.
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By Rev. Ryan Otto
In a letter to the United Church Board of Ministerial Assistance, the philanthropic arm of the Pension Boards, the Rev. Ryan Otto, Pastor First Congregational Church, Sioux Falls, SD, shares how the gift of the Next Generation Leadership Initiative has rooted and shaped his approach to life and ministry. Rev. Otto was a participant of NGLI*1, the inaugural cohort.
To the dreamers, visionaries, and leaders of the Next Generation Leadership Initiative of the Pension Boards: Thank you. Please receive my sincere gratitude for your diligent work in the inventive NGLI program, for the faith to take the risk on such a new endeavor, and for your investment in my ministry and in me as a person of faith.
I will attempt to name the gift of the ten-year NGLI program in one word: rootedness.
By Rev. Beth Abbott
The Rev. Beth Abbott, Pastor of First Congregational UCC in South Milwaukee, WI, shares how her life has been transformed during her almost-completed 10-year journey with the Next Generation Leadership Initiative (NGLI). Rev. Abbott is a participant in the inaugural cohort, NGLI*1. Read Rev. Abbot’s letter of gratitude below.
When I began Next Generation Leadership Initiative (NGLI), the idea of a ten-year commitment to anything seemed unusual and rather long. Starting in my 20s, I had only been doing three-to-four-year chunks of schooling (college, seminary) and just dating my now husband, Rich.
The Pension Boards is pleased to announce the addition of two new Target Annuitization Date (TAD) Funds effective January 2021: TAD Fund 2045 and TAD Fund 2050. These two new TAD Funds are designed for members who expect to annuitize their accounts (convert their monies into lifetime monthly income payments) close to the year indicated in the Fund’s name.
TAD Funds are a worry-free investment choice. The Pension Boards’ investment team automatically invests the funds more for growth when you are years away from retirement, and more conservatively as you approach your anticipated annuitization date. TAD Funds are also ideal for those who do not want to constantly reallocate their investments during market fluctuations.