Web1. EFFECTIVE SALARY/PENSION BASE Effective Salary (pension base) = cash salary + housing allowance + utilities/furnishings. The Housing Allowance should be one of the following: • When there is a church-owned manse, the Housing Allowance should be the fair rental value of that manse + the amount of utilities directly paid by the church. WebSep 13, 2024 · Minimum salary for Full-Time Associate and Probationary Members appointed to serve a local church is set at 58% of the DAC (Denominational Average Compensation) as calculated annually by the General Board of Pension and Health Benefits. (2024 = $44,208.18) Minimum salary for Full-Time Local Pastors appointed to …
2024 MINIMUM REQUIREMENTS FOR PASTOR …
http://presbyteryov.org/Documents/ministers_and_clp/2024_minimum_compensation.pdf WebTotal Effective Salary* (Lines 1-7) Board of Pension Dues are computed on this. $ * See Understanding Effective Salary for more information. In addition, the church has agreed to pay the following, not included in effective salary: 9. Board of Pensions Medical and Pension Dues (39% of line 8) $ chary puth
Tax Guide for MiNiSTeRS
http://www.nhpresbytery.org/PDF/Forms/CommitteeOnMinistry/StatedSupplyAgreement-Minister.pdf WebThe minimum salary for pastors working full time is 61.6% of the church- wide median effective salary as computed by the Board of Pensions. Part time pastors, those … WebMar 17, 2003 · The 2001 Churchwide Assembly requested the report on pension equity. In approving the report, Board of Pensions trustees directed that the report go to the April … curse server locations