Caring for all who
care for all of us.
Coming by Summer 2022:
All employees of URJ congregations will
be able to join the RPB plan.
Frequently Asked Questions
RPB’s new policy expands eligibility to any employee who:
Works at least 18 hours per week at a URJ congregation.
Has worked at any URJ congregation or in the Reform Movement for at least one year.
Additional notes on eligibility:
If your congregation’s eligibility policy or state regulations differ from RPB’s, RPB will comply with yours.
If a staff person is enrolled in RPB’s plan due to previous employment, they don’t have to satisfy the hourly or length of service requirements to continue their contributions.
If the employee’s role is eligible for membership in one of these professional organizations (CCAR, NATA, ARJE, ECE-RJ, PEP-RJ, ATID), the employee must join that organization to participate in RPB’s plan.
Employees participating (or eligible to participate) in the American Conference of Cantors retirement plan won’t be eligible for the RPB plan.
RPB expects the operations and systems changes needed to support the new eligibility policy to be in place by early summer 2022.
At that time, we will be in touch with you about how to offer the RPB plan to your other employees.
If you already know you want to offer the broadened plan access to your employees, we want to hear from you. Please share your feedback here:
There is no out of pocket cost for congregations to offer the RPB plan.
RPB offers a range of funds, including custom target allocation funds (for those who don’t want to or are not confident in their ability to manage their investments themselves), a lineup of index funds, as well as a custom socially responsible fund called the Reform Jewish Values Stock Fund.
Each fund has an investment management fee. In addition, there is an annual administrative fee charged to all participants. Our Investment Committee works to ensure that our fees are the most cost-effective for the type of fund and, because of the amount of assets RPB has under management, these fees are lower than what an employer might be able to find on their own.
Visit rpb.org/invest for more information.
State-mandated retirement plans are the result of legislation that requires small businesses to provide retirement benefits to their employees. These employers must choose a plan and perform various administrative tasks to comply with the laws.
Some states have already begun mandating retirement plans as a way to address the retirement gap in our country. Businesses have a few ways to comply with these laws. They can:
Enroll their employees in a multiple employer plan, like the RPB plan.
Sponsor a plan of their own through the private market.
Or, enroll their employees into a state-sponsored retirement program.