News & Articles


Benefit Plan to Add New Features for 2023

Authored by: Jerry Rich
Date: June 14, 2022

In time for the 2022 Open Enrollment period, the FCMM Benefit Plan will add optional coverages that include a Short Term Disability benefit and a higher level of Term Life/Accidental Death & Dismemberment insurance.

The current Benefit Plan will now be called the Benefit Plan – Standard, consisting of Long Term Disability (LTD) insurance and group Term Life/AD&D (Accidental Death & Dismemberment) insurance. A third term life option of “one times annual salary” (1X), up to $120,000, will be added to the two existing coverage volume choices of $10,000 or $50,000.

A new Benefit Plan – Plus will be offered with those same features and options plus Short Term Disability (STD) insurance which may cover up to 90 days after the first two weeks. (Not available in California.)

Details of coverages and limits will be available by September 1 at this FCMM Benefit Plan link.

Due to the implementation of these changes, the annual Open Enrollment period for participating churches will be moved earlier and lengthened to September 15 – November 1, 2022.

Rates for the Standard Plan will remain the same. Rates for the new Plus Plan and 1X Life/AD&D insurance are detailed in the FCMM Benefit Plan Rate Table.

Short Term Disability insurance adds a another layer of protection for church staff members at a modest cost.