Pension Scheme for the Clergy

The Pension Scheme for the Clergy provides retired priests and ministers with financial support after their active service ends. It is a structured plan where both the clergy member and their supporting organization contribute regularly during their working years. Upon retirement, these contributions, along with any accrued interest, are used to give a steady pension income. The scheme helps ensure clergy members can retire with financial stability, recognizing their lifelong service. It is typically managed by a dedicated trust or organization aligned with their religious denomination or governing body.