Don’t put it off any longer! The Retirement Challenge Grant is extended to May 31, 2018.
“The most pervasive issue for clergy across our nation is adequate retirement savings and planning.” That’s one of the conclusions researchers pulled from the applications to the current Lilly Endowment initiative that we call the Lilly Project. For a second year, Portico is incentivizing pastors to look over their retirement funds by offering wellness dollars. The Ministerial Excellence Fund is also offering incentives for pastors to increase their retirement savings by offering free money!
The Retirement Challenge Grant will reimburse you up to $30/month for any personal contribution you make to your retirement funds. If the Portico Retirement Planning Tool recommended that you save more for retirement, this is a painless way to get started. This grant is available to all pastors under call in the SW MN Synod.
You can set up the payments through the myPortico website. You can fill out the Retirement Challenge Grant application online by clicking here to receive the reimbursement. Do it soon! The application for this grant expires May 31, 2018.
If you have questions, please call the Lilly Director, Pastor Andrew Hermodson-Olsen, 320-328-5533.
