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Senators push for church pension bill

DALLAS (BP)–Sen. Kay Bailey Hutchison of Texas has introduced a bill related to church pension boards which will protect and strengthen church plans.

The bill, S. 689, would respect the congregational polity of churches like that of Southern Baptists and also would facilitate the use of automatic enrollment features that encourage broader participation in church plans.

Democratic Sen. Benjamin Cardin of Maryland has signed on as a co-sponsor.

O.S. Hawkins, president of GuideStone Financial Resources of the Southern Baptist Convention, applauded the measure.

“The implementation of this legislation will enable us to better serve those who are serving the Lord throughout this great nation and the world,” Hawkins said.

Hutchison, a Republican, said in a statement, “The church pension reforms I introduced are simple and fair. Church pensions provide critical support to clergy members across the country. They should not be punished for devoting their lives to serve others. I will continue working with my colleagues to pass this important legislation.”

Hawkins added, “Once again, Sen. Hutchison has stepped forward to introduce legislation in support of church plans. Her continued commitment to helping pastors and others serving within churches and ministry organizations is greatly appreciated,” Hawkins said.
Compiled by staff of GuideStone Financial Resources.

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