Benefit Costs 2008
For 2008 local church budgets
The church assessment for health insurance for full-time pastors remains the same in 2008 and it was in 2007 -- $16,500 per year.
The pastor’s personal contribution for health insurance is $60 per month. This is to be paid as a salary-reduction item from the pastor’s salary.
If the pastor enrolls his/her spouse, an additional $300 per month is required. This is to be paid as a salary-reduction item from the pastor’s salary. Dependent children are free under the pastor’s enrollment.
The church’s contribution for the pastor’s pension is calculated the same way in 2008 and it was in 2007:
For part-time pastors including student local pastors housed in parsonages: (salary x 1.25) x .03 = annual amount
For part-time pastors including student local pastors housed in their own homes: (salary + housing allowance) x .03 = annual amount
For full-time pastors housed in parsonages: (salary x 1.25) x .06 = annual amount
For full-time pastors housed in their own homes: (salary + housing allowance) x .06 = annual amount
Use $0 for the housing allowance if the pastor is in his/her own home but does not receive a housing allowance.
There are no mandatory pension or health insurance charges for churches served by supply pastors or retired pastors.
The pastor’s contribution for his/her pension (UMPIP) is set by the pastor and reported on the “green” Charge Conference form. This is to be paid as a salary-reduction item from the pastor’s salary. The church will be billed for the amount reported.
The pastor’s contribution for the FLEX Section 125 Plan (Cafeteria Plan) for unreimbursed medical expenses and/or dependent day care expenses is also set by the pastor. The amounts need to be reported on the “green” form and the pastor also needs to fill out the Salary Redirection Agreement to enroll in the IGRC-sponsored FLEX plan.
Questions can be directed to Rick Van Giesen, conference treasurer and benefits officer at 217-529-2040 or by emailing
rvangiesen@igrc.org