Employee Retirement Plan(CBERP)
The CBERP provides a traditional form of retirement benefit, also known as a pension plan. The Plan was started in 1964, originally for the lay employees of the Christian Brothers Schools, but has been expanded to include any Catholic organization or diocese. The Plan is funded entirely by the participating employers. The benefit is based on a formula which is applied to an employee’s career covered compensation. The retirement benefit is normally paid as a monthly benefit for the life of the retiree. However, the participant can choose from a number of benefit options at retirement.
Click here for more information.
Click here to request information.