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rev. frank clark spencer

Board of Pensions publishes Board Bulletin for fall 2021

At its fall meeting, the Board of Directors formalized the Board of Pensions’ commitment to removing the effects of structural racism from the agency’s workplace and policies. It also voted to expand access to the agency’s Assistance Program.

Board of Pensions to serve more with expanded access to Assistance Program

The Board of Pensions of the Presbyterian Church (U.S.A.) has announced the most extensive changes to the Assistance Program in a generation. The changes steer financial help to ministers where their need is greatest and loosen requirements to extend access across Benefits Plan membership. The changes take effect January 1, 2022.

The work of Board of Pensions diversity council is ‘a journey’

Yvette Russell describes the work of the Board of Pensions’ diversity council as “a journey — and a deeply personal one for me.” Russell, who is vice president of Customer Engagement at the Board and council chair, was invited to speak about that journey at the annual meeting of the Church Benefits Association (CBA), held virtually December 1-3.

Board of Pensions earns national recognition for diversity and inclusion work

The Board of Directors of The Board of Pensions of the Presbyterian Church (U.S.A.) has been recognized nationally for making diversity and inclusion a priority — both throughout the agency and in its own makeup. The Board is one of 10 finalists for the annual NACD NXT awards, presented by the National Association of Corporate Directors, whose membership represents over half of the Fortune 1000.

Board of Pensions names new Chief Investment Officer

The Board of Directors of the Board of Pensions has named Donald A. Walker III to succeed Judith D. Freyer as Executive Vice President and Chief Investment Officer. The appointment is effective July 1.