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- Accredited Baptist Ministers (nationally accredited by the BUS, BUW or BUGB) are eligible even if they are working for other types of organisation but the should check with the Pensions Team first if you are in an unusual situation e.g. working for a charity.
www.baptistpensions.org.uk/-members-/new/am-i-eligible-to-join/
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Our normal expectation is that ministers should be enrolled in the ministers’ section of the Baptist Pension scheme. The employers’ contributions under the scheme are calculated as 10% of Pensionable Income. Pensionable Income is defined as: • the sum of the stipend plus the Manse Value used by the scheme (published on the Baptist Union ...
Most Accredited Baptist Ministers (nationally accredited by the BUS, BUW or BUGB) are employed by Baptist Churches, but we also have many members who work for other types of organisation eg charities. Unaccredited Ministers are only eligible if working for a: Baptist Union within the UK (i.e. BU Scotland, BU Wales or BU Great Britain) Baptist ...
- The Ministers’ Section
- The Staff Section
- The Basic Section
- Which Section Can I Join
This section of the Scheme is open to Accredited Baptist Ministers and Unaccredited Ministers. Accredited Baptist Ministers (nationally accredited by the BUS, BUW or BUGB) are eligible even if they are working for other types of organisation but the should check with the Pensions Team first if you are in an unusual situation e.g. working for a char...
This ection of the Scheme is open to Staff who work for a: 1. Baptist Union within the UK (i.e. BU Scotland, BU Wales or BU Great Britain) 2. Baptist Regional Association 3. Baptist College 4. Church that belongs to the BUS, BUW or BUGB or Associated (Church Controlled) Organisations.
The Basic section is specifically designed so that the contributions paid by the member and the employer are less than for the Ministers’ and Staff sections. There is no Income Protection cover and death in service benefits are lower. To be eligible, you must earn at least £6,240 for the 2023/2024 tax year, (this figure is known as the Qualifying E...
If you are not sure which Section is right for you, we recommend that you seek independent financial advice.
Most ministers are already provided with pension arrangements by their church and their position will not be altered by the introduction of auto enrolment, provided those pension arrangements count as a "Qualifying Scheme”. All sections of the Baptist Pension Scheme satisfy these requirements.
The Baptist Pension Scheme (BPS) now has its own website for all Members, Churches and Employers. Here you will be able to find out about: Joining the scheme. Information for Active, Deferred and Retired Members. Key documents you may need. Information for Churches / Employers. And much more!
This Booklet summarizes the main features of the closed Defined Benefit (DB) Plan of the Baptist Ministers Pension Fund (the Ministers’ Fund) which is now called the Baptist Pension Scheme.
If you served as a Baptist minister before 2012 (or are a widow, widower or dependant of a minister who served before 2012), you may have built up benefits in the Baptist Pension Scheme (formerly known as the Baptist Ministers’ Pension Fund).
