Geneva Benefits Group Announces the Hiring of Rev. Will Chang as Investment Specialist
Geneva Benefits Group announces the hiring of Rev. Will Chang as Investment Specialist to join the leadership team.
Rev. Bill Hughes may be officially retired but at age 84, he continues to preach weekly. Every Sunday, he makes the hour-long drive from his home near Jackson, Mississippi to Carthage where he’s serving a small congregation without a pastor.
Call Packages should be designed with the whole person in mind. But more often than not, churches and lay leaders feel unequipped to put together a comprehensive package that covers the four essential elements: compensation, retirement, insurance, and wellbeing.
For fifty years, Geneva Benefits Group has administered the Ministerial Relief Fund on behalf of the Presbyterian Church in America (PCA). The first General Assembly of the PCA established this committee to manage retirement and benefits of the newly formed denomination and to develop a program to “meet the needs of ministers and other workers in the church in an adequate manner.”
As our name suggests, Geneva Benefits Group is a part of the reformed tradition. That means our decisions are directed by Scripture and guided by our church documents, even in financial matters like church staff compensation packages. But when it comes to enrolling a church staff in a retirement plan, it can be difficult to know where to start.
In our research, we found that 70% of PCA pastors are not confident that they have enough savings for retirement, and therefore need to plan for retirement. As many PCA pastors reach retirement age, Geneva helps the most pressing cases with financial aid through the Relief Fund.