Salary changes will not be accepted through Benefits Connect more than 60 days before or after the effective date. Salary changes must be reported online through Benefits Connect within 60 days of the effective date of the change. Total Effective Salary Calculator is designed to help with this task, as is To accurately calculate and report effective salary, an employer needs to know which compensation to include. Employers update/confirm salaries online through Salaries must be confirmed at the beginning of each year, even if there is no change. deductibles and copayment limits under the medical PPO option. ![]() medical dues under Pastor's Participation and.death and disability dues and benefits.pension dues and pension credit accrual.Effective salary is used in calculating employer dues and member benefits. Reporting effective salaryĮmployers must report the annual effective salary for each Benefits Plan member to the Board of Pensions. Median effective salaries are prorated for work schedules of less than 35 hours a week. ![]() The Board also sets a median effective salary based on salary information for non-minister members enrolled for pension and/or death and disability coverage. The congregational ministers' median effective salary applies toĪll minister members, whether they serve congregations or not, for purposes of calculating pension credits and benefits. The Board sets a median effective salary based on salary information for minister members of the Benefits Plan who are serving PC(USA) congregations. When a member's annual effective salary is less than the median, pension credits, disability benefits, and death benefits are calculated based on the applicable median salary. Median effective salaries for the next year. The Board uses salary information reported to it as of May 1 of each year to set
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