December 5, 2023 in Congregations, Finance, Roster
Cost of Living Increase for Rostered Ministers
The SEPA Executive Committee at its most recent meeting approved a cost-of-living increase of 3.2% (following the determination of the federal government) for Rostered Ministers. Therefore, for 2024:
- Word & Sacrament – SEPA Unadjusted Minimum Salary is $48,164 plus Housing Allowance of $18,000 totaling $66,164.
- Word & Service – SEPA Unadjusted Minimum Salary is $49,610.
Please consult the SEPA Rostered Minister Compensation Guidelines for other components (Social Security Allowance, pension, continuing education, health care, etc.) which need to be addressed for a complete compensation agreement.
