GC 2019 Pension Impact; Legislation for GC 2020/21
Most Recent Update—October 20, 2020
Wespath continues to give thoughtful consideration to the decisions of the Special Session of the General Conference and the impact on pensions, benefits and liabilities funding. These FAQs are updated periodically.
Please direct any questions to [email protected].
The Special Session of the General Conference of The United Methodist Church (February 23-26, 2019 in St. Louis, Missouri) acted on a report from the Commission on a Way Forward, which was authorized to examine paragraphs in The Book of Discipline concerning human sexuality and to explore options to strengthen church unity. [More details and news stories related to General Conference 2019 are available on the UMC website: umc.org and on the UMC's General Conference 2019 webpage.]
The following FAQs provide information on two pension-related petitions that were approved by the General Conference 2019, benefits-focused disaffiliation legislation submitted to General Conference 2020 (postponed to 2021), and additional information related to potential disaffiliations of local churches and clergy.
Additional Resource
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Submit a QuestionDo you have an additional question for Wespath Benefits and Investments on how outcomes of General Conference 2019 impact clergy benefits, as well as related effects on local churches, annual conferences or institutional investors? Please submit your question to Wespath. |