Important Numbers for Charge Conferences

Important Numbers for 2011 Charge Conferences for 2012

IGRC Minimum Salary  
Full-Time Local Pastors   $33,180
Full Members, Associate Members and Probationary Elders   $36,225
   
Denominational Average Compensation (DAC)   $62,781 (+1.7%)
Conference Average Compensation (CAC)   $62,229 (+1.2%)
 Remember that DAC and CAC generally include a parsonage component of 25%; to approximate avg. salary alone, multiply DAC or CAC by .80  
   
CRSP Defined Benefit Pension Cost to Church   
Full Time  $6,960
3/4 Time  $5,220
1/2 Time  $3,480
1/4 Time  $1,740
   
Minimum Salary to Qualify for CPP Coverage   
(must be appointed full-time or ¾-time Elder; PTLP are not eligible, even at ¾-time)  
With a Parsonage  $29,871
Without a Parsonage  $37,338 
   
CRSP Defined Contributions Cost to Church    
For pastor in a parsonage  (Salary x 1.25) x 3%
For pastor in his/her own home  (Salary + Housing Allowance) x 3% 
   
CPP Premium (for full-time pastors)   
For pastor in a parsonage  (Salary x 1.25) x 3%
For pastor in his/her own home  (Salary + Housing Allowance) x 3%
CPP Premium for 3/4-Time Elders  $2,762
   
Health Insurance Assessment (same as 2011)   
Church Share  $17,520
Pastor Share for Self and Kids  $780
Pastor Share for Spouse  $3,840
   

Standard Mileage Reimbursement

 

55.5 cents per mile
(unchanged from July 1, 2011 special adjustment)