Church of England Pensions Scheme
The Church of England Pensions Schemes ('CEPS') were
established for the purpose of providing pensions and
associated benefits for clergy and others in the stipendiary
ministry.
The CEPS are made up of 2 separate schemes but the benefits are
provided on an identical basis and paid and administered by the
Board.
- Pensionable service to 31 December 1997 is the responsibility
of the Church Commissioners and paid from income earned on historic
assets under the Church of England Pension Measures.
- Service from 1 January 1998 is pensionable under the Church of
England Funded Pensions Scheme ('CEFPS'). Contributions
are paid by dioceses (and other Responsible Bodies) and invested in
same way as any other funded pension scheme. The Board is the
trustee of CEFPS and responsible for the administration and
investments of the Scheme.
Those with periods of pensionable service both before and after
the commencement of the CEFPS receive a single pension payment each
month. The relevant parts are, however, identified and
accounted for separately.
The scheme booklet can be downloaded from the Forms and
Booklets page.
Further information for members
is contained in the link on the right of this page.
New Clergy AVCs Arrangement
Changes to the additional voluntary contributions arrangements
for the Clergy scheme took effect from 1 April 2011.
Information about the new arrangement can be found on
the Clergy
AVCs page.