MPP
Ministerial Pension Plan
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Video: Determining MPP Benefit Payment Amounts
Chief Investment Officer Dave Zellner discusses Q1 2022 market declines and how they affect the Ministerial Pension Plan (MPP) accounts of participants. Dave explains that market performance is only one factor that will determine an MPP participant’s monthly benefit payment at retirement—the second element is the annuity payout rate. Dave follows with an overview of the annuity payout rate and detailed examples of how an MPP participant’s monthly payment is calculated (given pre- and post-market volatility scenarios).
Benefit Bites: Ministerial Pension Plan (MPP)
What is MPP? Where does MPP fit in your retirement plan? How are benefits provided through MPP? Learn the answers to these questions and more in this short video.
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