Pension Fund of the Christian Church is a SBC New Client
September 29, 2011
About the Pension Fund
The Pension Fund serves the Christian Church (Disciples of Christ) and related Campbell-Stone traditions; supporting ministers, missionaries and lay employees. For over 100 years, first as the Board of Ministerial Relief and then as the administrator of the Pension Plan, it has sought to undergird the church and its ministry. Change and growth of the Pension Fund have continually broadened and deepened its ministry.
Today it administers one of the strongest pension systems of any denomination. All employees of the church and its institutions are eligible for Pension Plan membership. The Pension Plan is a fully funded and actuarially sound system. It provides benefits in the event of death or disability as well as retirement.
The Pension Fund also administers the Ministerial Relief and Assistance Fund. Separate from the Pension Plan, this fund provides supplements to approximately 1,600 persons whose pensions are low because their former salaries were low or whose employers did not always pay pension dues. In addition, the Pension Fund assists the church by managing the Churchwide Health Care program and by providing tax, retirement and interim ministry information. Through both contractual and gift programs, the Pension Fund seeks to serve the total church and its ministry.
Why They Picked SBC
The Fund has specific business goals for increasing the number of members and employers into their organization, as well as the type of products they want to offer. They realized that their old platform was not the right solution to help them achieve those goals. Since benefits management is their core business, they wanted a solution provider that would be a true partner for them. An organization with lots of experience in this space that would help and guide them, manage the integration with the other key system they will be acquiring, and partner with them for the next ten years. They felt very strongly that SBC’s experience with faith-based organizations and our system beat the other competitors. In addition to implementing their core system (SBC), they will be implementing a new CRM (Salesforce) and a new GL (Microsft Dynamics Great Plains). SBC will be in the center of the integration, helping our client through this challenging and exciting transition.
Carmen Batten
SBC Systems Company, Inc.
cbatten@sbcsystems.com