Pre-Conference Workbook - North Carolina Conference of The ...

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5- 14 100% 0%
15-19 60% 40%
20-24 50% 50%
25-29 40% 60%
30-34 30% 70%
35-39 20% 80%
40 or more 10% 90%
G. Newly appointed Clergy (licensed, commissioned or ordained receiving first time appointment)
effective July 1, 2009
(Subject to plan changes effective 1/1/2014, section VI.H)
1. Post retirement insurance plan eligibility for clergy newly licensed, commissioned or
ordained effective July 1, 2009, under Episcopal appointment to a NC Conference
responsible appointment (i.e. eligible for enrollment in the Conference Insurance plan)
will be based on total months enrolled in the Conference Insurance Plan with a minimum
of 180 months total enrollment with 60 consecutive months enrollment immediately
preceding the date of retirement for funding eligibility.
2. Participants who meet the 60 consecutive months enrollment but do not meet the 180
months minimum will have access to the plan with no funding from the Conference Board
of Pensions. The participant will be responsible for 100% of the applicable premiums.
3. Credited enrollment in the insurance plan, once earned, will not be reduced or terminated
due to breaks in enrollment.
4. Funding will be based on the following:
Years in NC Insurance Plan Individual Contribution Board of Pension’s
Contribution
0-4 Not eligible Not eligible
5-14 100% 0%
15-19 60% 40%
20-24 50% 50%
25-29 40% 60%
30-34 30% 70%
35-39 20% 80%
40 or more 10% 90%
H. Effective January 1, 2012 the North Carolina Conference recommends a PPO Base Plan for
health insurance benefits with the option of a PPO Buy-Up plan for increased health
insurance benefits. Effective January 1, 2014 retirees and covered spouses age 65 or
older will be required to obtain their Medicare secondary coverage through the open
market with the help of a Conference designated vendor. Funding for the purchase of
coverage will be established through the use of a Health Reimbursement Account
(HRA) based on the applicable retirement rules listed above. Retiring clergy and
spouses under age 65 will remain in the Conference active plan until their attainment
of the Medicare eligibility age or their request to be removed from coverage.
I. Life Insurance - A clergy person must have been covered under the conference active life
insurance plan in order to retain life insurance benefits after retirement. The Board of
Pension does not provide life insurance for dependents of retired clergy.
J. Clergy Couples Insurance
1. When one member of a clergy couple retires, medical and life insurance will be paid for
the retiree according to the schedules and rules previously listed.
2. Funding of health insurance will be provided for the spouse and eligible dependents of
the retired clergy partner according to the rules and schedules previously listed.
2013AnnualPensionsRpt
Printed on 5/22/13
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