Retirement Plans
As a holding company to our affiliate ministries, Covenant Ministries of Benevolence serves as the plan administrator for several retirement plans. Many participants in these plans are still employed and are actively contributing toward their retirement in Defined Contribution Plans with employer matching programs. Other participants in these plans have faithfully served CMB affiliates and are now in retirement. Though CMB has offered many plans since the mid-1960s, the largest plans are the following:
- The Evangelical Covenant Church Retirement Plan (ECCRP) is a Defined Benefit Plan, meaning only the employer makes contributions to the plan. The plan began in 1968 and was frozen by 2013. CMB continues to monitor investments to ensure the thousands of retirees in this plan are well cared for throughout their life.
- The 403(b) Defined Contribution Plan is funded by both the employee and the employer. CMB’s current plan offers a match from the employer once fully vested.
If you are a participant in the ECCRP and have questions, please contact:
CMB Pension Center at Gallagher
(833) 218-7564
Monday-Friday, 9am-5pm CT
Email
If you are a participant in the 403(b) plan and have questions, please contact:
Fidelity Retirement Service Center
(800) 343-0860
Monday-Friday, 7:30am-11pm CT
Website
If your Corebridge 403(b) is invested in the VALIC Fixed Account or you have a Corebridge annuity, those funds did not automatically transfer to Fidelity. To transfer your funds, please contact:
Client Care Professionals at Corebridge
(800) 448-2542
Monday-Friday, 7am-8pm CT
Website
If you worked for, or are currently employed by, the Evangelical Covenant Church denomination (either as a lay person or as clergy), these plans are administered by the ECC. Please contact:
Covenant Benefits
(800) 313-8955
benefits@covchurch.org
Website
All other questions can be directed to CMB at info@cmb.org or by using our contact form.