On Board Express Archive || E-Newsletters || Wespath Benefits and Investments Website

Vol. XXIII, Issue 17

April 18, 2024

2024 Move to Contribution Management

Last year, Wespath encouraged plan sponsors to switch from paper billing and check remittance to using Contribution Management. As a result, more than 3,000 plan sponsors voluntarily made the switch. Going forward, Wespath will require online remittance of payments using Contribution Management. Plan sponsors will have 60 days after receiving their letter describing Contribution Management and requesting authorized contacts to complete and send the enclosed Security Administration Form. We'll be notifying plan sponsors from now through September. To help the new user of Contribution Management, we've provided resources and training videos at wespath.org/r/cm.

March Investment Report Available

Review the latest in market and economic developments, including details on the S&P 500 experiencing its best first quarter performance in five years, in our latest Monthly Investment Report. The report also explains what drove Wespath's fund performance in March.

"Live from Wespath" Recording Now Available

A video recording of last week's "Live from Wespath" virtual event is available here. The event featured discussions with Wespath staff on topics including investment markets, the proposed Compass retirement plan and other General Conference topics, clergy well-being, HealthFlex care coordination, and more.

Please also complete the brief event survey, which will help to inform future events. We appreciate your feedback and perspectives.

General Conference—Resources Available

After a four-year postponement, the UMC's "2020" General Conference is almost here! Wespath offers many resources to help your conference delegations and others learn about our legislation. Please share this link to Wespath's General Conference webpage to access handouts, videos and other information about Wespath's petitions and rationale.

The webpage features special sections including:

Please encourage delegates and others in your conference to follow Wespath on all social media platforms for timely information during General Conference or any time: Instagram, X (formerly Twitter), Facebook, LinkedIn and YouTube.

If you or one of your Conference's delegates has a question please find one of the Wespath staff members present at General Conference or reach out to Tony Prestipino at tprestipino@wespath.org or Dale Jones at djones@wespath.org. Stop by our GC booth, too!

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