Retirement Plans

Wespath empowers you to secure your future by participating in the retirement plan(s) offered by your employer. Learn about retirement plans and eligibility for clergy, lay employees and missionaries.

UMC Clergy

Compass—Coming January 2026

Effective January 1, 2026, the new Compass plan will replace CRSP. Compass is a new account-based defined contribution (DC) retirement plan for eligible clergy of The United Methodist Church.

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Clergy Retirement Security Program (CRSP)

CRSP combines a defined benefit providing lifetime income based on years of service to the Church with a defined contribution account that provides flexibility. It also incorporates benefits from two predecessor plans: Ministerial Pension Plan and the Pre-82 Plan.

Legacy Plan: Ministerial Pension Plan (MPP)

This plan was replaced by CRSP effective January 1, 2007. Existing MPP accountholders will continue to have funds invested and receive benefits from the plan.

Legacy Plan: Pre-82 Plan

This plan was replaced by MPP effective January 1, 1982. Participants who were vested in the plan before 1982 will receive benefits from the plan.

Lay Employees and Clergy

Defined contribution plans, which are funded by the participant and/or the plan sponsor, provide flexible savings and investment options for lay employees and clergy.

Personal Investment Plan (PIP)

PIP is a 403(b) retirement savings plan for Methodist-affiliated churches, general agencies and other church-related organizations. Participants can make contributions through payroll deductions and may receive plan sponsor contributions. The full name of the plan may have a prefix; for example, for The United Methodist Church, the plan is referred to as the United Methodist Personal Investment Plan (UMPIP).

Retirement Plan for General Agencies (RPGA)

RPGA is a 403(b) plan for individuals who work for United Methodist Church General Agencies. It is funded by General Agencies, which provide plan sponsor contributions for eligible participants.

*The petition to close RPGA was approved at General Conference. More information coming soon.

Horizon 401(k) Plan

Horizon is a 401(k) retirement savings plan for nonprofit and for-profit organizations. Participants can make contributions through payroll deductions and may receive plan sponsor contributions.

Resources

Video: DB and DC Retirement Plans

This video explains the difference between defined benefit (DB) and defined contribution (DC) retirement plans.

Caring for those
who serve since 1908

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Visit our website for Institutional Investors: Wespath.com 1901 Chestnut Ave., Glenview, IL 60025 800-851-2201

© 2024 Wespath Benefits and Investments, a general agency of The United Methodist Church.

All Rights Reserved.

The General Board of Pension and Health Benefits of The United Methodist Church, Incorporated in Illinois, a general agency of The United Methodist Church ("Wespath") is a not-for-profit corporation and is exempt from U.S. federal income taxes under Section 501(c)(3) of the United States Internal Revenue Code. Through its subsidiaries and affiliates Wespath provides administrative and investment services to benefit plans for plan sponsors controlled by or affiliated with The United Methodist Church (the "Church") and also provides certain administrative and investment services to institutional investors organized and operated exclusively for religious, benevolent, or charitable purposes which are related to the Church.