Lay Pensions
Lay Pension Fact Sheet
Beginning in 2013, all parishes who have eligible lay employees must adopt and fund a lay pension plan with Church Pension Fund in New York. While most parishes which have plans already maintain their plans with Church Pension, many do not.
The Church Pension Fund has scheduled regional forums for updating plans and educating parishes. Our diocese, which is in Province V, is scheduled for this activty in the 2nd quarter of 2012.
Below is a 1-page fact sheet on the compliance needed by January 1, 2013. More information will be forthcoming.
Lay Pension Reporting
Diocesan canons (Title II, Canon 10) require that every parish fund a lay pension for employees who work at least 1,000 hours a year. Parishes must report their compliance with the Canon on a form provided by the Finance Office. .Pensions must be funded by October 1st, or a parish’s lay delegates will lose their vote at Diocesan Convention, but retain seat and voice. As of today, September 20th, only about half of the parishes have filed a report. Please download one of the two formats below and submit your report to the Finance Office as soon as possible. Pension payments must be verified by attaching a contribution remittance report or similar documentation.
View Diocesan Canon on Lay Pensions

