1. 2011 South Carolina Annual Conference Report of Board of Pension and Health Benefits Pension And Health Insurance

2. Pension Pension Plan is called the Clergy Retirement Security Plan. Eligibility Requirements: –All Elders and Deacons under Episcopal Appointment to local church or Conference Controlled Entities. –Fulltime and Part-time local pastors under Episcopal Appointment to local church or Conference Controlled Entities.

3. Defined Benefit = Pension benefit defined as 1.25% of the Denominational Average Compensation at Retirement per year of service after January 1, 2007. Pension (Cont)

4. Defined Contribution = 3 % contribution and interest earned during work determines benefit.

5. Pension (Cont) –Comprehensive Protection Plan – Death benefit and disability.

6. Defined Benefit = monthly charge of $578 per month for the year 2012 for each full time clergy (part time is prorated by quarters). This is the same as 2011. Defined Contribution = 3 % of total compensation (Total Compensation=Cash + value of housing or allowance). CPP = 3% of total compensation. Found on page 26 of your pre-conference material. Pension Costs to Church

7. Health Benefits The Pharmacy Plan will be Changed for 2012 from a Fixed Co-Pay to a Percentage Co-Pay for 2012. Details found on page 29-30 of the Pre Conference Packet. The was done for two reasons: –The Fixed Co-Pay is being phased out by Healthflex and will not be available after 2012. –This allowed the Board to NOT raise premiums for 2012. The Co-Payments for Emergency Room Visits and Urgent Care centers were raised. (See Page 29, Lines 52-55 of your Pre-Conference Packet.) This change was made by the General Board of Pension and Health Benefits.

8. Health Insurance 2010 Rates Active Premiums will NOT increase for the year 2012. (See Page 33 of Pre Conference Packet.) Retiree Rates will NOT increase for the year 2012. (See Page 33 of Pre Conference Packet.) An optional Consumer Driven Plan (a high deductible plan with a funded Health Reimbursement Account) will be offered for 2012. Details found on page 30 of the Pre Conference Packet. Health Benefits

9. CoverageParticipantChurch Share Participant$198$462 Part & Spouse$416$970 Part & Child$278$646 Part/Children$377$878 Full Family$554$1,294 Medicare Part$130$302 Med Part/Sp$328$764 Health Benefits Rates for 2012 Standard Plan

10. Health Benefits Rates for 2012 Consumer Driven High Deductible Plan CoverageParticipant Share Church Share Participant$179$462 Participant & Spouse $404$970 Participant & Child $269$646 Participant & Children $362$878 Participant & Family $539$1,294

11. Health Incentives Participants and Covered Spouses can earn up to $300 each in HealthCash for participation in Virgin HealthMiles™ program. If you take the “Blueprint for Wellness” Health Screening” by July 31, 2011 you would earn $100 Healthcash in the Virgin HealthMiles™ program. Health Incentives

12. Extra $250 (individual)/$500 (family) added to the 2012 deductible if the “Blue Print for Wellness is not taken by July 31, 2011 and the HealthQuotient™ risk assessment is not taken by September 30, 2011. HealthQuotient™ Requirement

13. 2011 South Carolina Annual Conference