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Pensions and Benefits

The Covenant Pension Plan
A unique benefit to all Covenant pastors, the Covenant Pension Plan provides a specific way to care for each other and protect those who may otherwise not be covered. Participation in this program is mandatory for all full-time, credentialed Covenant ministers.

Forms to Begin Pension, Change of Pastorate, and Salary Report Form
Covenant Pastors who want to enroll in the Covenant Pension Plan need to download the Pension Plan update form (PDF) and check the box for "Begin Pension." The Annual Pastor's Salary Report Form (PDF) will also need to be completed by the pastor and church treasurer. 

If you have moved to another Covenant church, complete the same forms, but check the box for "Change of Pastorate" on the Pension Plan update form.  Send or fax forms to the Department of the Ordered Ministry (Fax to: 773-583-3292). To download these documents you will need the free program Acrobat Reader.

Changes in Marital Status for Pension Plan
Covenant Pastors who have a change in marital status may use the change of marital status form (PDF) to notify the Department of the Ordered Ministry and Pensions so appropriate changes to your beneficiary will be made. To download this document you will need the free program Acrobat Reader

Bethany Benefits Health Insurance Plan
The Covenant cares for its pastors through its own health insurance plan that provides care no matter what your physical condition. Those who have experienced major hospitalization are grateful for the care and coverage they've received.