Church Pension Group Releases Its Report to the 81st General Convention
20 Junio 2024 - 8:30AM
Business Wire
Highlights 15 Years of Working with the General
Convention of The Episcopal Church To Understand Parity Issues
The Church Pension Group (CPG), a financial services
organization that serves The Episcopal Church, announced the
release of its Report to the 81st General Convention
(cpg.org/R2GC). The report focuses on two critical points of
connection between CPG and the General Convention: the election of
trustees to The Church Pension Fund Board and the longstanding
collaboration between the General Convention and CPG on the topic
of benefits parity between clergy and lay employees.
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the full release here:
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The Church Pension Group (CPG), a
financial services organization that serves The Episcopal Church,
announced the release of its Report to the 81st General Convention
(cpg.org/R2GC). The report focuses on two critical points of
connection between CPG and the General Convention: the election of
trustees to The Church Pension Fund Board and the longstanding
collaboration between the General Convention and CPG on the topic
of benefits parity between clergy and lay employees. (Graphic:
Business Wire)
The report is dedicated to the late Very Rev. George Werner, who
served as vice president of the House of Deputies (HoD) (1994 to
2000), the 31st president of the HoD (2000 to 2006), a former
trustee of The Church Pension Fund (1976 to 1988 and 2006 to 2015),
and Dean Emeritus of Trinity Cathedral in Pittsburgh. It features a
video of him as he reflects on a life of service to the Church, as
well as videos highlighting the Denominational Health Plan (DHP)
and the Lay Employee Pension System (LPS).
“We are pleased to release our Report to the 81st General
Convention, which highlights how the Denominational Health Plan and
the Lay Employee Pension System have helped to advance parity
between lay employees and clergy of the Church,” said Mary Kate
Wold, CEO and President of CPG. “It’s impossible for CPG to achieve
full parity in benefits on its own because many of the gaps in
parity are the result of decisions that fall outside of CPG’s
purview. Still, CPG is doing what it can to provide access to
competitive products and services while also describing what it
would take from the Church to achieve full parity in pension
benefits.”
The Report provides important background information on
important connections with the General Convention. The Rev. Clayton
Crawley, Chief Church Relations Officer at CPG, said, “We hope
those attending General Convention will read our report and know
how committed we are to fulfilling our purpose, which is to support
the clergy and lay employees of The Episcopal Church in their
calling to spread the gospel.”
Additional information is available at CPG’s General Convention
resource center, cpg.org/GC81.
About the Church Pension
Group The Church Pension Group (CPG) is a financial
services organization that serves The Episcopal Church. It
maintains three lines of business—benefits, property and casualty
insurance, and publishing. CPG provides retirement, health, life
insurance, and related benefits for clergy and lay employees of The
Episcopal Church, as well as property and casualty insurance and
book and music publishing, including the official worship materials
of the Church. Follow CPG on Facebook, X (formerly Twitter),
YouTube, Instagram, and LinkedIn. cpg.org
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version on businesswire.com: https://www.businesswire.com/news/home/20240618425541/en/
Media: C. Curtis Ritter Senior Vice President Head of
Content & Creative Services (212) 592-1816 critter@cpg.org