Clergy Compensation Worksheet - 2016

ADVERTISEMENT

2016 CLERGY COMPENSATION WORKSHEET
NORTH CAROLINA CONFERENCE
THE UNITED METHODIST CHURCH
Waiver of
PASTOR:___________________________________
ADDRESS:___________________________________
Participation
CHARGE: ___________________________________
Check here if (1) this is a less than full
time Appointment AND (2) you have
THIS APPOINTMENT IS:
FULL TIME (100%)
¾ TIME (75%)
½ TIME (50%)
¼ TIME
already submitted an official GBOPHB
(25%)
Waiver of Participation form
PASTOR'S CASH INCOME:
Total Annual Salary for all appointments (including any exclusion for housing) ......... $__________________(1)
Other Cash Allowances (see instructions for detailed description)
Health Insurance coverage outside the NC Conference Group BCBS Insurance Plan . $_________(2a.1)
Continuing Education not part of an accountable reimbursement plan ......................... $_________(2a.2)
Miscellaneous Cash Allowances (see instructions for detailed description) .................. $_________(2a.3)
Total Other Cash Allowances .............................................................................. $______________(2a)
Vouchered Travel & Cash Allowances (see instructions for detailed description) ....... $________________(2b)
Vouchered Utilities Allowance (see instructions for detailed description) .................... $_________________(3)
Cash Housing Allowance paid to pastor ...................................................................... $________________(4a)
Utilities Allowance for pastors with a Housing Allowance (see instructions for details) $________________(4b)
Subtotal (Add lines 1 + 2a + 4a + 4b) ... $__________________(5)
If a parsonage is provided, add 25% of the subtotal on Line 5 above ....................... $__________________(6)
PLAN COMPENSATION (Add Lines 5 and 6) ......................... $__________________(7)
CHARGE PORTION for Full-Time Appointments (These items are considered expenses of the church(es)):
CLERGY RETIREMENT SECURITY PROGRAM (CRSP)
DEFINED CONTRIBUTION (DC) (3% of Plan Compensation, Line 7) ..................... $________________(8)
(1/12 of Line 8 = $
. This amount should match to the CRSP-DC line item on the monthly bill
from the NC Conference Treasurer’s Office.)
DEFINED BENEFIT (DB) (8.8% of Plan Compensation, Line 7)…………………….. $________________(9)
(1/12 of Line 9 = $
. This amount should match to the CRSP-DB line item on the monthly bill
from the NC Conference Treasurer’s Office.)
COMPREHENSIVE PROTECTION PLAN (CPP-C) .................................................... $_______________(10)
1. The Maximum Limit for this line item = 2 % of 200% of the Denominational Average Compensation
(Calculated as: 2% X 200% X $67,333 = $2,693.32 per year or $224.44 per month.)
2. Your actual amount for this line item = 2 % of your Plan Compensation, Line 7. (To calculate
your actual amount complete this formula: 2% X the amount in Line 7 = $____________ per year
or $____________ per month.)
3. Enter on Line 10 the lesser of $2,693.32 or the annual amount calculated in step 2 above. The
monthly amount calculated in step 2 above should match to the CPP-C line item on the monthly bill
from the NC Conference Treasurer’s Office.
CHARGE PORTION for Part-Time Appointments (These items are considered expenses of the church(es)):
UNITED METHODIST PERSONAL INVESTMENT PLAN (UMPIP) .............................. $_______________(11)
Line 11 = 11.8% of Plan Compensation, Line 7. (1/12 of Line 11 = $_______. This amount
should match to the UMPIP line item on the monthly bill from the NC Conference Treasurer’s Office.)
......................................................... Continue to Page 2 for Pastor’s Portion Calculations .................................................
Page 1
Rev. July 23, 2015

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Legal
Go
Page of 2