The Value of Walking Together: How Church Plans Protect Workers
Description
Jim Sanft, President and CEO of Concordia Plan Services, breaks down the differences between single-employer church plans and multiple-employer denominational benefit programs like CPS. He offers crucial insights on how CPS's governance structure provides strong protection for LCMS workers' retirement security.
• Addressing a recent Wall Street Journal article about problems in church retirement plans
• Why CPS's planned retirement contribution increases demonstrate proactive governance, not underlying problems
• The economic and ministerial benefits of investing in church worker wellness initiatives
• How CPS's multiple-employer approach provides protection and advantages individual congregations couldn't achieve alone
• Upcoming district health strategies that will bring wellness initiatives to the local level
• The importance of lay leaders creating a culture that supports worker wellness
• Jim's announcement of his planned retirement at the end of 2026 and the succession planning underway
Connect with Jim at jimsanft@concordiaplans.org to learn more about CPS services or to discuss church worker wellness initiatives.
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