In the recent meeting of the Board of Trustees of the Church of God Benefits
Board, the entity charged with managing the Ministers’ Retirement Plan, the
return on the Trustees’ Fund was set at four (4%) percent. For the past four
years – 2009 through 2012 – the rate on the Trustees’ Fund has been at four
In a time when fixed return rates are at a historical low, the Board determined
that it was extremely fortunate that the Ministers’ Retirement Plan can
continue to pay at a rate that greatly exceeds the market rate. While the Board
has projected the rate for the Trustees’ Fund to remain at four percent in 2013,
it is possible that the rate could change based upon market conditions. If the
economy recovers more quickly than anticipated, the rate could be increased.
Conversely, if the economy were to falter, the Board could lower the rate
during the year if such became necessary.
Participants are also reminded that they may invest in three other options
besides the Trustees’ Fund. The other options are all based upon stock funds
and fluctuate with the stock market. Your ability to withstand volatility
should be taken into consideration before making any investment selection.
Further, you should always remember that past performance is not a guarantee of