A thoughtfully prepared ministerial compensation package is important to the church and its pastor. Besides providing a clear understanding of compensation expectations for both the congregation and the minister, a properly prepared compensation package can provide valuable tax savings for the pastor.
On June 1, Pensions and Benefits USA launched a compensation calculator to assist in development of the annual compensation package. The results of these calculations may be used in a church’s annual budget process and to satisfy the denomination’s annual salary review requirement. It also provides comparative information to see how a minister’s package compares with that of others.
Ministers and congregations can find a variety of resources to answer questions about ministerial taxation, compensation, and much more in the "Resources" section of our website.