Our offerings are specifically designed to help congregations and organizations across the Reform Movement provide a secure financial future to staff members.

Top-quality Investment Options

Our two-tiered approach provides investors of all types with the flexibility they require to build a nest egg that will meet their specific goals and needs. The RPB–with the assistance of its investment consultant, Summit Strategies Group–manages the funds in Tier 1. The index funds in Tier 2 are administered by Vanguard, one of the world’s largest investment management companies.

Legal and Administrative Assistance

We handle all government-mandated legal and administrative duties and fees related to managing participant retirement and insurance programs.

Flexible Payment Schedule

We understand that your organization may require financial flexibility to make retirement contributions. So while retirement contributions are invoiced July 1, which is the beginning of each plan year, MyRPB lets you make payments on a semi-monthly, monthly, quarterly, semi-annual or annual schedule.

MyRPB: A User-Friendly Employer Portal

MyRPB allows your authorized representatives to easily manage RPB’s retirement and Long Term Disability plans. The system enables you to:

  • Directly enter and gain instant access to relevant information
  • Set and change payment schedules
  • Make one-time and on-going payments
  • Manage LTD coverage

Review the MyRPB for Employers User Guide to learn more.


Employer Best Practices
The following actions, performed by you or your representative, will ensure an efficient collaboration:

  • Facilitate new enrollments to the retirement and insurance plans.
  • Make retirement plan contributions and insurance premium payments on behalf of your employees.
  • Maintain accurate information in MyRPB, including salaries, contributions and contact information.
  • Familiarize yourself with general information about our 403(b) and insurance plans.

FAQs

Is my organization’s professional staff eligible for the Reform Pension Plan?

Eligibility for participation in the Reform Pension Plan, a defined contribution, 403(b) plan, requires that the individual is a member of their appropriate Reform Movement professional organization participating with RPB and be employed by a URJ-affiliated congregation. In addition, 501(c)(3) non-profit organizations such as federations, Jewish community centers, etc. may also be considered eligible employers. Membership in or employment by the following organizations qualify for eligibility:

  • Central Conference of American Rabbis (CCAR)
  • Union for Reform Judaism (URJ)
  • National Association for Temple Administration (NATA)
  • Association of Reform Jewish Educators (ARJE)
  • Early Childhood Educators of Reform Judaism (ECE-RJ) (Assistant Directors and Directors only)
  • Progressive Association of Reform Day Schools (PARDeS)
  • Program and Engagement Professionals of Reform Judaism (PEP-RJ)
  • Advancing Temple Institutional Development (ATID)
  • Reform Pension Board (RPB)

Why should our organization participate in RPB’s retirement and insurance plans?

RPB’s retirement, life insurance, long-term disability and pension continuance plans are valuable tools for eligible Reform Movement organizations to attract and retain staff members. We assume the management of your professionals’ retirement and insurance programs allowing your professional staff to focus on the organization’s programs and services.

  • Full legal, administrative and investment management of your staff’s retirement plan
  • Personalized service from professional RPB staff
  • Flexible payment schedules
  • Simplified account management through MyRPB
  • Congregations proportionally fund their share of the professional’s plan, covering only the time that the participant is in their employ
  • A record of success providing strong returns
  • A comprehensive long-term disability plan
  • Free term life insurance plus optional additional life insurance for active plan participants
  • Free pension continuance insurance for plan participants who become disabled
  • Financial planning tools and information for participants and their spouses/partners through LifeWorks
  • 1099-R tax form preparation for retirees
  • Parsonage facilitation for retired clergy

How much will it cost my organization to participate in RPB’s retirement plan?

There is no administrative cost to organizations to participate in the RPB retirement plan. Congregations and Reform Movement organizations only have to make the contributions for its RPB participants. RPB is responsible for all of the legal, administrative, and monitoring of investments for the plan.

Fees for participating in RPB’s retirement plan vary depending on the participant’s fund election. Fees are expressed as a percentage of a participant’s account balance in basis points. (One basis point is one hundredth of a percent.)

Click here to see the fees for the plan’s funds.

How much money is my organization expected to contribute on behalf of a participant?

RPB recommends that the congregation make an annual contribution of at least 15 percent of the participant’s salary, including parsonage, if applicable. RPB also recommends that the participant make an annual contribution, called an elective salary deferral, of no less than 3 percent of salary, including parsonage, if applicable, which the participant’s employer deducts from his or her salary on a pre-tax basis.

The RPB reviewed its recommended contribution rates by commissioning Summit Strategies Group, its independent investment consultant, to conduct an objective evaluation. Click here to read the summary document, which includes Summit’s detailed report and other supporting documents: Evaluation of Recommended Contribution Percentages.

Congregations and participants can contribute more than the RPB’s recommended amounts to the retirement plan up to the IRS maximum contribution limits.

What is MyRPB and how is it used to manage RPB’s plans?

RPB provides authorized employer representatives with access to MyRPB. This online system allows employers to manage their RPB retirement and insurance plans on behalf of their staff members.

  • We invoice retirement plan contributions at the beginning of each plan year (July 1st)
  • Payment schedules (semi-monthly, monthly, quarterly, semi-annually, and annually) can be easily changed up to one day prior to the transaction
  • Payments are made electronically using the ACH (Automated Clearing House) system

What is RPB’s relationship with the URJ and CCAR?

The Reform Pension Board serves the congregations and institutions of the Reform Movement and is technically a joint trust of the CCAR and the URJ. The CCAR and URJ are known as the settlors of the trust. All revisions to the RPB Plan must be approved by the boards of each settlor; however, RPB is a separate organization and ultimately, RPB is responsible for the management and administration of its pension, life and long-term disability programs.