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2022 Market Performance Update

Joe Halwax, Managing Director, Institutional Investments Services, outlines the factors contributing to the markets' performance so far this year, and provides perspective by looking at markets through a historical lens. While short-term volatility can be unsettling, Joe hopes that this long-term analysis "brings our retirement plan participants a little comfort in a time of market uncertainty."

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Public Service Loan Forgiveness (PSLF) Program

Clergy and employees of not-for-profit organizations engaged in faith-based work may now qualify for the Public Service Loan Forgiveness (PSLF) Program. In addition, several of the PSLF Program's normal eligibility requirements have been temporarily suspended. However, time is of the essence. The more favorable temporary rules expire October 31, 2022.

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GENERAL  CONFERENCE

General Conference 2020 has been postponed until 2024.

Wespath cares for those who serve the UMC around the globe. We're committed to the long-term sustainability of benefits now and for future generations, including supporting the UMC and any new expressions of Methodism that may emerge.

Learn more about Wespath's legislative focus for General Conference and questions regarding a potential UMC restructure.

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UMC Clergy Financial Well-Being Initiative

Wespath Benefits and Investments has partnered with a broad coalition of organizations to help clergy improve their financial acumen and address their debt. Pastors are better positioned to serve, lead and grow vibrant congregations when personal finances are not a source of stress.

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Saving Grace: A Guide to Financial Well-Being

Saving Grace is a six-session, small group learning curriculum that speaks to key money management topics—such as saving, earning, giving, spending, and debt—from a Wesleyan perspective to help participants reach personal financial goals and achieve a sustainable financial life.

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News & Events

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Monthly Investment Report and Markets at a Glance Video: June 2022

The Monthly Investment Report for June 2022 is now available, along with the Markets at a Glance video from Nízida Arriaga, Manager of Fixed Income at Wespath.

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Investment Insights Blog: Markets In Review—What Happened in the First Half of 2022

Managing Director Joe Halwax provides perspective around the markets’ downturn, including an in-depth look at the highest inflation in 40 years, the probability of a recession, stocks in bear market territory, the U.S. Federal Reserve’s interest rate hike, double-digit bond losses, and how the Wespath balanced fund stacks up.

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CEO Blog: Committed to You in a Changing Methodist Ecosystem

Wespath is positioning itself to serve a future that will look different than today. Foremost amidst change, we are focused unwaveringly on the security and continuity of service to our participants. Learn more in Wespath's first CEO Blog post.

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