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Pension Plan for CCCC Members
The CCCC Pension Plan (the Plan) offers churches and Christian agencies the opportunity to provide their employees with retirement income. Any Affiliate or Certified CCCC member organization is eligible to enrol its employees in this program.
The Plan is a money purchase pension plan ("defined contribution"), which has been designed to accumulate employer and employee contributions. Accounts are credited with the full rate of return on the fund, less any related investment management and administration charges.
The Plan offers a number of benefits:
- tax-deferred funds for retirement
- online access to member account information 24/7
- individual investment choices
- access to education information
- semi-annual statements
- retirement payout options
Steps for CCCC member organizations to
join the plan
- Contact CCCC to begin the process.
- Pay the one-time enrolment fee of $150.
- Complete a Participation Agreement and Payor's Authorization for Pre-authorized Debits Form.
- Enroll all eligible employees by completing an Application for Membership in a Registered Pension Plan form for each employee.
