Church Matching Protection Benefit Program

Doing God’s work leaves little time for matters such as insurance, disability protection, and retirement planning.

That’s why we joined with GuideStone® Financial Resources to offer the Church Matching and Protection Benefit Program.

It’s a simple, yet comprehensive, way to give your church leaders and employees access to a retirement plan and coverage against uncertainties of the future.

Benefits

The opportunity to enjoy the benefits of the Church Matching & Protection Benefit Program is a result of participation in the GuideStone Church Retirement Plan. This 403(b)(9) retirement program has been designed specifically for Baptist churches. The Church Retirement Plan helps participants legally reduce taxes while saving for retirement. If your church or association contributes undesignated gifts through the Texas Baptists Cooperative Program, your pastor, ministers, and non-ministerial staff may qualify for a variety of benefits.

Matching Funds

Pastors and eligible staff may have their contributions to the retirement plan augmented by matching funds from the Convention. After the church or minister contributes $52.50 per month to the retirement plan, Texas Baptists provides matching on the next $52.50 that is contributed. Current rules allow a $1 match for every $3 contributed by the minister or church, up to a maximum match of $17.50 per month. Matching is available for pastors and ministerial staff only.

Disability Insurance Coverage

This benefit provides monthly income of up to $500 per month if the covered employee becomes disabled, as well as a monthly contribution to his or her retirement account.

Up to $100,000 in Survivor Protection

Whether treated as primary coverage (for younger church staff members) or supplementary to existing life insurance, this offers important protection for that person’s family – paying the benefit to the spouse or other named beneficiary at the death of the covered employee.

Age at Death Maximum Benefit
35 and under $100,000
36-45 $75,000
46-55 $50,000
56-65 $25,000
66-70 $16,000
71 and over $10,000

Qualifications

Participants & Contributions

For every participant your church desires to offer the plan, $500 in qualifying contributions must be given each year.

Who qualifies for protection?

All benefits – matching funds, disability coverage, and survivor benefits – are available to:

  • Pastors
  • Ministerial Staff
  • Encampment leaders and staff

Disability insurance and survivor benefits only are available to non-ministerial staff members who:

  • Have at least three years of paid service with the eligible church or organization
  • Work an average of 20 hours per week

Church school or daycare employees are not eligible.

*GuideStone® Financial Resources requires each participant to be participating in the Church Retirement Plan. For more information on the Church Retirement plan, please contact GuideStone at 1-888-98-GUIDE (1-888-984-8433).


For more information, call Texas Baptists at 888-244-9400.

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Made possible by gifts through the Texas Baptists Cooperative Program.

(888) 244-9400
web[at]texasbaptists.org