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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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Investment Insights Blog: “Fed” Up With Inflation, the Fed Continues to Raise Rates

In this blog, Evan Witkowski, Institutional Relationships Manager, provides an overview of the markets’ reaction to yesterday’s 0.75% Federal Funds Rate hike, how U.S. Federal Reserve projections have changed relative to a year ago, and what the Fed has indicated the future holds.

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

Director of Impact Investments Sylvia Poniecki discusses the mixed economic signals and resulting market performance in August, including Federal Reserve’s latest action, housing market data, a positive employment report, recent actions from President Biden, and more.

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CEO Blog: Caring for Those Who Serve—Our Commitment to You

Wespath’s role as a fiduciary of benefits and investment services is to help our participants, annual conferences, other plan sponsors and institutional investors build brighter futures. Every decision we make is guided by our mission to “care for those who serve”—our steadfast commitment since 1908.

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