Church Workers Pension Fund
The Church Workers Pension Fund (CWPF) offers benefits to non
ordained church staff and has three sections:
- Defined Benefits Scheme (DBS)
- Pension Builder Classic (PB Classic)
- Pension Builder 2014 (PB 2014)
You may be a member of more than one section.
Defined Benefits Scheme
This is a final salary pension scheme, where your pension is
calculated as a proportion of your final pensionable salary for
each year and month of employment.
To find out more, please read the DBS Members' Guide.
Pension Builder Classic
PB Classic is a hybrid pension scheme which means it is a mix
between a defined benefit and a defined contibution scheme.
When contributions are received each month they are converted
into a guaranteed pension payable from normal retirement age.
To find out more, please read the PB Classic Members' Guide.
Pension Builder 2014
PB 2014 is a cash balance scheme which guarantees that the same
amount of contributions will be available at normal retirement
age, which is then used to provide retirement beenfits.
To find our more, please read the PB 2014 Members' Guide.
Additional Voluntary Contributions
Youi can increase your retirement benefits by paying Additional
Voluntary Contributions (AVCs). If you are interested in this
please read our CWPF AVCs page.
Your benefits are in addition to your State Pension. You can
find out more about your State benefits at our State
Planning for retirement
Planning for retirement is vital, and the transition between
working life and retirement is made easier if you plan early. To find
out more please see our planning for retirement page.
Keep your pension safe!
Pensions are becoming an increasingly
attractive target for fraudsters and other criminals because of the
new pension freedoms. Please be careful with cold calls, texts or
letters from people or organisations making claims that they can
help you access your pension.
If you are in any doubt about your
options or the advice you have been given, you should talk to The
Pensions Regulator or a regulated Independent Financial
You can find out more about keeping your pension safe at the
Pensions Regulator's website: