Compass
Compass
Compass is an account-based defined contribution retirement plan for eligible clergy of The United Methodist Church (UMC) designed to help clergy optimize their retirement income with the ability to leave their account balance to their beneficiaries. Through shared responsibility, clergy accumulate an account balance during their active ministry and have flexibility to receive their income during retirement.
For more information:
wespath.org/retirement-investments/Compass
General Compass Zoom Information Session
Intro to Compass Presentation Slides: Download Here
Sept 23rd, 2pm Session recording: https://vimeo.com/1121300844/bfa2b28790?share=copy
Sept 23rd, 6:30pm recording: https://vimeo.com/1121371801/2192d8b1c6?share=copy
Compass Zoom Information Session designed specifically for those who handle payroll & taxes
October 1, 6:30pm recording: https://vimeo.com/1123857988/06212b2ba0?share=copy
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The Compass plan begins January 1, 2026, and will replace CRSP for active clergy. It is a modern, defined-contribution, account-based program designed for long-term sustainability and flexibility. Retirees currently receiving benefits will not be affected.
- $150/month contribution from the UMC (increasing annually)
- 3% of clergy pensionable compensation contributed by the UMC
- $1/$1 match on clergy contributions up to 4% of pensionable pay
Waiver Form: Compass Waiver of Participation Form