The Concordia Retirement Plan – Pension Benefits in Action


 

While retirement is different today than the past, the Concordia Retirement Plan (CRP) is still a dependable, valuable benefit for ministry workers. All full-time workers who are employed by an enrolled LCMS employer are eligible for enrollment in the CRP. The traditional pension plan will provide your workers a monthly paycheck in retirement (if they have vested after 5 years, based on final monthly compensation, creditable service and integration level), or through the account option give them a retirement cash account (if they have vested after 5 years). All rostered workers must be enrolled in the Traditional option.

 

Concordia Retirement
Plan Features