CRSP

The Clergy Retirement Security Program (CRSP) is an Internal Revenue Code section 403(b) retirement program generally available toto local church pastors serving full time, three-quarters time, or half-time appointments. CRSP is also provided for district superintendents and clergy serving as Conference staff.  

CRSP has three components:  

  1. a defined benefit (DB) based on 1% of the denominational average compensation (DAC) and the years of credited service after January 1, 2014
     
  2. a non-matching defined contribution of 2% of plan compensation
     
  3. a matching defined contribution (DC) equal to a participant’s contribution, not exceeding 1% of plan compensation. 
     


 

Clergy Retirement Security Program

 


 

Discover, Develop and Deploy Spiritual Leaders to Make Disciples of Jesus Christ for the Transformation of the World.