OCA Pension Plan Parish Contribution Changed to 10%

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Upon recommendation from the Orthodox Church in America’s Pension Plan’s Actuary, the Metropolitan Council of the Orthodox Church in America approved the Pension Board’s proposal that parish contributions be increased from 8% of covered payroll to 10% of covered payroll, effective January 1, 2021.  The Holy Synod has endorsed this recommendation. This amendment ensures a sound pension system for the clergy and lay employees of the Orthodox Church in America.

Contributions with respect to earnings on and after January 1, 2021, should be paid by each parish at the rate of 10%. Contributions from clergy and participating lay employees remain at the rate of 6%.

Any questions may be addressed to Michael S. Stieglitz Pension Administrator at the Pension Office by calling or texting at 516-464-0415 or michael@ocapension.org.