COVID-19

COVID-19 Legislative, Regulatory Updates

Coronavirus Preparedness and Response Act (CPRSA)

updated 3/6/20

The CPRSA Provides emergency funding for federal agencies including the CDC, FDA, NIH, the State Department, SBA, and the USAID.

Coronavirus Aid, Relief & Economic Security Act (CARES Act*)

updated 8/26/20

*includes Paycheck Protection Program (PPP)

The CARES Act provides a multitude of assistance to churches and their employees, including the following: Payroll Tax Relief, Pandemic Unemployment Assistance Program, Paycheck Protection Program, Charitable Contribution Incentives and Retirement Plan Enhancements.  To determine how the Paycheck Protection Program can be helpful to your church read our Summary or watch our Video.

This afternoon (4/21/20), Congress struck a deal with the White House to pump an additional  $480 billion in financial assistance to small businesses and hospitals.  Of particular note, there is an additional $310 billion allocated to the popular Paycheck Protection Program.  This program ran out of funding late last week.  – 4/21/20

 

RBI COVID-19 Related Communications

 

Ministry Expansion Announcement

Ministry Expansion Announcement

In response to COVID-19 RBI is offering access to 7 no-cost counseling sessions for up to 200 PCA pastors and spouses from May 1st – July 31, 2020.

The CARES Act/ Paycheck Protection Program

The CARES Act/ Paycheck Protection Program

The Coronavirus Aid, Relief, and Economic Security (‘CARES’) Act was signed into law on March 27th and it includes several key provisions PCA Retirement & Benefits (RBI) believes will benefit our retirement plan participants.

VIDEO: Market Update with Gary Campbell

VIDEO: Market Update with Gary Campbell

RBI President Gary Campbell provides insights on recent market volatility and answers some frequently asked questions about its impact on your retirement savings.

Coronavirus and Your Investments Update

Coronavirus and Your Investments Update

Here at PCA Retirement & Benefits (RBI), we are taking unprecedented actions to mitigate the impact of this growing threat to our employees and making certain our pledge of service to the employees of the Presbyterian Church in America (PCA) continues without change.

Coronavirus and Your Investments: 5 Things to Know

Coronavirus and Your Investments: 5 Things to Know

The spread of the coronavirus has caused concern around the world and its effects have been felt in the stock market. Here are 5 things you need to know about its impact on your retirement savings.

About PCA Retirement & Benefits

We prepare and protect PCA co-laborers in Christ by providing products and guidance in retirement, insurance, relief, and related services. We aim, through trusted relationships with our partners, to enable and encourage them to be more focused on ministry.

 

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