In partnership with the National Association of Evangelicals (NAE), FCMM will launch a contribution matching program in 2019 for EFCA pastors newly enrolling in the FCMM Retirement Plan.
Intended to encourage retirement planning for pastors from their outset in ministry, the program is funded equally by a grant from the Lilly Foundation through NAE and by a contribution from the FCMM benefits program.
$1,000 in contributions to the FCMM Retirement Plan for a pastor who has not previously participated will be matched by a $1,000 grant contribution.
While procedures are still in development, the requirements will include application to the grant program, completion of curriculum on Financial Health, enrollment in the Retirement Plan, and reaching the retirement contribution threshold.
When the matching program is launched, EFCA pastors newly-enrolled in the Retirement Plan since January 1 will be notified of the opportunity.
See the Prepare Today page for more information.