he Church Pension Group (CPG), a financial services organization that serves the Episcopal Church, hosted a webinar to discuss insights from its research on the changing realties of clergy deployment in the Episcopal Church. The webinar, entitled Clergy Deployment Trends: Adapting to a New Reality, was led by Dr. Matthew Price, Senior Vice President, Research and Data at CPG. Individuals can listen to the recording or read the research at www.cpg.org/.
“We conducted this research to better understand the changing nature of ministry in the Episcopal Church and how our decisions around pension and health benefits align to the evolving needs of those who serve the Church,” said Dr. Price. “Through this research we discovered that the old model of clergy deployment where an individual would serve full time with a single Episcopal employer with no fixed end date is no longer the norm.
Today we are seeing more Episcopal clergy working in part-time situations, 2 sometimes for multiple Episcopal employers, and also as bi-vocational clergy with employment inside and outside the Church.
“This research was used to quantify the impact of recent revisions to The Church Pension Fund Clergy Pension Plan and related plans and will help us address 2015 General Convention Resolution A177,” added Dr. Price. “In fact, when we recently met with the Fund for the Diaconate
they expressed their gratitude for our efforts to address the needs of deacons as they fulfill an important role in the mission and ministry of the Church.”
A full report on the research will be issued later this year.
The research included more than 4,000 online survey responses from priests and deacons in good standing who were under 72 years of age. Quantitative findings were supplemented by a series of focus groups that took place in North Carolina, Los Angeles, and Chicago.
About Dr. Matthew Price
Matthew Price serves as Senior Vice President for Research and Data at the Church Pension Group (CPG). In addition to serving as the Recorder of Ordinations, he is responsible for collecting insights that help inform CPG’s decisions around major policy initiatives in the area of retirement benefits and also has involvement in technical system launches and integrations. He joined CPG in June 2001 as its director of analytical research.
Prior to joining CPG, he was Associate Director, Duke Pastoral Leadership 3 Project, at the J. Ormond Center of the Duke University Divinity School. Previously, he was a Research Associate with the Religion in Urban America Program at the University of Illinois, at Chicago. His background also includes teaching positions at Duke, North Carolina State, and the University of Illinois, at Chicago.
He received a B.A. in sociology from the London School of Economics, a Master’s Degree in history from the University of Sussex, and a Ph.D. in sociology from Princeton.
About The Church Pension Fund
The Church Pension Fund (CPF) is an independent financial services organization that serves the Episcopal Church. With approximately $13 billion in assets, CPF and its affiliated companies, collectively CPG, provide retirement, health, and life insurance benefits to clergy and lay employees of the Episcopal Church. CPG also offers property and casualty insurance as well as book and music publishing, including the official worship materials of the Episcopal Church. Learn more at www.cpg.org.