The Value of Walking Together: How Church Plans Protect Workers

18/03/2025 41 min Temporada 6 Episodio 57
The Value of Walking Together: How Church Plans Protect Workers

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Episode Synopsis

Jim Sanft, President and CEO of Concordia Plan Services, breaks down the differences between single-employer church plans and multiple-employer denominational benefit programs like CPS. He offers crucial insights on how CPS's governance structure provides strong protection for LCMS workers' retirement security.• Addressing a recent Wall Street Journal article about problems in church retirement plans• Why CPS's planned retirement contribution increases demonstrate proactive governance, not underlying problems• The economic and ministerial benefits of investing in church worker wellness initiatives• How CPS's multiple-employer approach provides protection and advantages individual congregations couldn't achieve alone• Upcoming district health strategies that will bring wellness initiatives to the local level• The importance of lay leaders creating a culture that supports worker wellness• Jim's announcement of his planned retirement at the end of 2026 and the succession planning underwayConnect with Jim at [email protected] to learn more about CPS services or to discuss church worker wellness initiatives.Support the showJoin the Lead Time Newsletter! (Weekly Updates and Upcoming Episodes)https://www.uniteleadership.org/lead-time-podcast#newsletterVisit uniteleadership.org