PBUCC Plan Eligibility
The PBUCC Annuity Plan is a defined contribution plan as described in section 403(b)(9) of the Internal Revenue Code.
Membership in the Annuity Plan for the United Church of Christ is open to anyone working for a UCC related employer.
Members Statements of Account Members receive quarterly account statements by email or if requested by mail. The statements reflect the payments that are received and applied during the quarter.
NOTE: The Pension Boards asks each member to review their quarterly statement of account and inform us of any discrepancies within 90 days, at which time the statement amounts will be considered correct.Member RecordsThere are no federal regulations specifying or governing recordkeeping requirements for church pension plans, such as the Annuity Plan for the United Church of Christ, administered by the Pension Boards. However, the Pension Boards does follow best practices among denominational retirement plan providers. The federal regulations that govern private sector, non-church retirement plans impose recordkeeping regulations on the employer, not on the plan recordkeeper, in recognition of the fact that it is the employer that has detailed payroll records supporting retirement plan contributions.
Website Accessible Member Accounts
The Pension Boards mails quarterly Statements of Accounts to all members with accumulation accounts. However, balances are updated daily and may be viewed by the member by logging into their account on the Pension Boards' website. Balances are updated on each day following a business day that U.S. financial markets are open. Contributions received during the prior month may be viewed on the website at that time.
Employer Annuity contributions and benefit payments
The Pension Boards has moved from the practice of sending quarterly bills to billing on a monthly basis and making payment online the preferred option. Employer annuity contributions are for the prior month worked by an employee and for other benefits such as health dental disability etc. for the coming month. These changes are consistent with industry best practices and enabled by PBUCC's continuing technology modernization efforts. This new method ensures minimal need for billing adjustments and allows PBUCC to put contributions to work for members within hours of payment.
Forms and FAQ's
Most forms and publications are available on this website and accessible by clicking "Forms" at the top of the page.
Frequently Asked Questions of interest to employers are updated regularly.Pension Boards Contact Information Contact Member Services for the following:
- New enrollment applications
- Address change
- Salary changes
- Employee terminations
- Call a minister/hire new employee
- Enrollment inquiries
- Eligibility questions
- Plan coverage/benefit questions
- Beneficiary information update/change
- Retirement information
- Duplicate bill/missing billing statement
- Report a death
- Receipt of payments
- Application of payments
- Follow up a refund request
- Account Reconciliations
- Contributions on the Quarterly Statement of Account