Pensions/Health Benefits


IRS Reporting Requirements

Sally Truglia

December 09, 2016

Dear Treasurers and Finance Chairs (cc to Pastors),    The end of the year brings the joyous celebrations of the Christmas season and the hope for a peaceful New Year. Unfortunately it also brings some financial housekeeping issues with which we must all comply.  Listed below are some new reporting requirements and some annual reminders.  1)   2016 W-2 Preparation:  All churches must prepare and distribute W-2 forms for their pastors and their lay staff by January 31.     Church plans are still ...


Health Insurance Reporting on W-2

Sally Truglia

January 12, 2015

Happy New Year! Before you distribute W-2 tax forms for your employees and most specifically for your pastors, please be aware of some of the recent IRS rulings regarding the Affordable Care Act. The Affordable Care Act requires the employer (church) to report the value of the group medical insurance plan to the IRS in Box 12 using code DD.   The rates to be reported are the not the uniform rate that we charge each church, rather it is the actual premium rate that we are billed by HealthFlex. ...


Tip the ScalesAgainst Malaria

Sally Truglia

June 23, 2014

The New York Annual Conference of The United Methodist Church has committed to raise $1,200,000 by 2015 to support Imagine No Malaria. So far, we have contributed & pledged $500,000. Rev. Bill Shillady announced at Annual Conference that the Conference Board of Pension and Health Benefits has pledged to donate $1 for each pound lost by our NYAC members, up to $10,000! This weight loss challenge is open to clergy, spouses & lay employees of the conference. The challenge will run for six months, ...