Policy on

RETIRED AND NEEDY CLERGY INSURANCE PROGRAM

Revised June 11, 2010

BE IT RESOLVED, that, for stipendiary clergy who have served in full-time cures in the Diocese of Iowa for five years or more immediately prior to retirement, and who retire from that service at Medicare-eligible age, the Diocese will provide in 2011 $85 per month toward the enhanced health supplements provided retirees by the Church Pension Fund. This sum will be reduced by 10% annually over ten years at which time the subsidy will end.

If the cure has been part-time, this subsidy will be proportionate to the time (40%, 50%, 75%, etc.) spent in compensated ministry.

Special circumstances may be discussed privately with the Bishop.