For The Lutheran's article, "Feeling it: ELCA retirees cope with pension losses," we contacted three other full communion partners of the ELCA, to learn what impact market losses had on their pension plans.
No other denomination contacted — Episcopalians, United Methodists or Presbyterians — has had to cut pension payouts. The Presbyterian Church (U.S.A.), The Episcopal Church, and the United Methodist Church all have plans that contain both defined benefit and defined contribution components, while the ELCA has solely a defined contribution plan. The rest of this article is only available to subscribers.
© 2013 Augsburg Fortress, Publishers
