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  1. May 3, 2024 · U.S. stocks have continued to climb higher, led by growth and technology names. The S&P 500 returned 10.6% in the first quarter, touching a new high of 5,245 at the end of March. Wespath provides retirement plans, investment solutions and health benefit plans rooted in the principles of The United Methodist Church.

  2. May 14, 2024 · The report debunks a claim from a 2011 book, which stated: “The Episcopal Clergy Pension Fund was funded largely with money from J.P. Morgan, whose US Steel owned mines in the south that relied on convict-slave labor.” But Morgan’s contribution of $125,000 represented only about 1.5 percent of the pension fund’s initial capital.

  3. May 9, 2024 · In an effort to understand historical financial connections to the enslavement of humans, the slave trade, and racial injustice, Resolution 2022-A129 urged CPG to research the sources of wealth of the donors to The Church Pension Fund (CPF), which was founded in 1917, and share the results of our historical research.

  4. 2 days ago · For 21 years, Harris managed the retirement pensions sponsored by the worldwide church. Upon his resignation in 2021, AME Church officials accused Harris of embezzling nearly $100 million from the church’s pension funds after being alerted of discrepancies in the retirement plan’s accounting.

  5. Apr 29, 2024 · The Fund Office is pleased to announce that it recently completed a revised NYCDCC Pension Fund Summary Plan Description (“SPD”). Effective May 1, 2024 , this updated SPD replaced your previous SPD and all Summaries of Material Modifications (“SMMs”) that were distributed prior to May 1, 2024 .

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  7. 5 days ago · As a result of the accounting anomalies, the AME Church faced three federal class-action lawsuits filed by retired AME pastors, accusing the church of mishandling the pension funds. According to the church, an independent investigation in 2021 revealed that Harris and other defendants had used the retirement plan funds for personal purposes.

  8. Apr 26, 2024 · Todd Adams is the President & Chief Executive Officer at Pension Fund based in Indianapolis, Indiana. Previously, Todd was the Certified Governance Trainer at BoardSource and also held positions at The Christian Church, Memorial Drive Christian Church. Todd received a bachelor's degree degree from Chapman University and a master of divinity ...

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