The North Georgia Conference received communication from Wespath informing us that they have approved a 90 day holiday from CPP (Comprehensive Protection Plan) premiums. These premiums are billed to churches by the conference much like the HealthFlex insurance premiums.
The Conference Board of Pension and Health Benefits, under the leadership of Charles Darden, Board Chair, has voted that for MAY, JUNE, and JULY
, this holiday from CPP premiums will be passed on to churches.
The Comprehensive Protection Plan provides death, long-term disability and other survivor benefits for clergy. The plan is administered by Wespath.
The savings will be reflected in the billing from the Conference Benefits Office. Waiving this expense will not impact the benefits received.
This is the second opportunity the CBOPHB has taken to offer a payment holiday to local churches. The Board previously voted to cover the church portion of HealthFlex Insurance Premiums for the months of APRIL, MAY, and JUNE
with reserve funds. Read the entire article here: https://www.ngumc.org/newsdetail/cpp-premium-holiday-for-churches-13624397