Vol. XXI, Issue 29
The Denominational Average Compensation1 (DAC) and Conference Average Compensations (CACs) for jurisdictional (U.S.) conferences are now available for 2024. The attached document provides a complete listing, by conference name, of both the 2023 and 2024 figures.
In addition, the attached graph may be of interest. It shows that while the total amount of compensation in the U.S. for full-time clergy has been decreasing the past few years, the total number of U.S. full-time clergy has been decreasing faster. This is especially true this past year where the decline in the number of U.S. full-time clergy was much steeper than the decline in the total amount of compensation. The DAC increased 2.7% this year, which is the highest increase seen in recent years.
To use the DAC and CAC figures properly, please remember the following:
To accommodate the Church's advance budget planning needs, Wespath sustains a long tradition of calculating the DAC with a two-year lag. In other words, the 2024 DAC is calculated based on 2022 compensation data. There are no adjustments or projections to account for the 2-year difference.
1 Denominational Average Compensation is a specifically defined term associated with the Clergy Retirement Security Program, including its Supplements, and the Comprehensive Protection Plan. As such, its name can be changed only by General Conference.
As some local churches, clergy and others reconsider their connectional relationship to The United Methodist Church, Wespath continues to respond by updating FAQs and other information on our disaffiliation information webpage:
We’ve recently added new Q&As addressing these topics:
Three updated FAQs documents are here:
Please check the disaffiliation webpage periodically for the most current information.
Do you know an individual who has made extraordinary contributions, exhibits visionary leadership, and is dedicated to Wespath’s values? The Board Life and Governance Committee of Wespath's Board of Directors welcomes nominations for the Charles L. Calkins Award. Eligible nominees include conference benefits officers, benefits administrators, treasurers, and members of conference boards. Nominations are due by July 15, 2022.
Click here to learn more about the award and previous recipients. This year's award will be presented at the October Board of Directors meeting. To nominate an individual, complete this form and attach it to an e-mail to email@example.com.