Unfunded Pension Liabilities reduced

Unfunded Pension Liabilities reduced

The article linked above explains how the pension liabilities have recently been reduced, making it much easier for churches to depart the UMC.  An exert from the article is below. 

"If your church is disaffiliating or involved in a legal settlement, you will want to make sure that your annual conference is using the most recent and updated market-basis unfunded pension liability figure. You should insist that your conference leadership request a new letter from Wespath and demonstrate to you they are using the latest numbers to ensure you are paying as little as possible. If your conference hasn’t updated its figures since September 1, 2021, you likely can reduce your potential payment towards pension liabilities 50%."