Retirement & Pension Payments
Faithful financial stewardship strengthens the stability of our clergy families. The Horizon Texas Conference ensures clarity and care in retirement and pension payments—from traditional pension structures to the transformative Compass plan—so pastors can focus on faithful ministry with confidence and peace of mind.
Compass Retirement Plan (Effective 2026)
Beginning January 1, 2026, Compass replaces CRSP as the mandatory retirement plan for U.S. clergy appointed at least half-time.
- Church Contributions (non-contributory flat amount)
- Full-time: $1,800
- ¾ time: $1,350
- ½ time: $900
- Church Contribution (3% of Pension Plan Compensation [PPC])
PPC = salary + housing allowance, or multiplied by 1.35 if the parsonage is provided. - Clergy Personal Contribution & Matching
- Clergy contributions: automatically set at 4% PPC (adjustable or optional via waiver)
- Church matches up to 4% PPC
- Example: With 4% clergy contribution, total additions = 8% PPC (4% clergy + 4% match), plus flat and 3% contributions.
- Payment Flow
- Compass contributions will appear alongside health, CRSP, and CPP on the monthly conference benefit billing.
- Clergy serving quarter-time can still contribute to UMPIP personally; only the clergy contributions are billed via Wespath.
- Flexibility & Options
- Clergy may waive Compass or adjust their contribution via a notarized form submitted to the Conference Benefits Administrator.
External Partners
Resources
- Wespath Compass Resources include: Compass Overview Video, Presentation Slide Desk, Eligibility and FAQs, and Lifetime Income Modeling
