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Frequently Asked Questions

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Title:Frequently Asked Questions
Summary:Frequently asked questions about the Compensation Study.
Description:Frequently asked questions about the Compensation Study.
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Handle: Document-852
Owner: Wooley, Jordan (User-19, jwooley:DocuShare)
Create Date:Monday, July 31, 2006 09:53:55 AM CDT
Modified Date:Thursday, August 17, 2006 03:25:57 PM CDT
Modified By: Finance Office  (User-16,  fit:DocuShare)
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Abstract:
  • Numerous forms included the 6.2% of social security for retirement but not the 1.45% of social security for other benefits.
  • All of these amounts were adjusted to reflect the full employer portion of 7.65%.
  • For example, a pastor of a church indicating he receives substantial income from another source other than his church, received $ 8,250 per year as compensation for pastoring a church with an average attendance of 49.
  • He checked that he was “full-time” which was obviously incorrect.
  • For example, a part-time custodian entered their salary as $ 95,500 per year on a church budget of $ 296,000.
  • The church budgets $ 500 per year for the pastor s ministry travel expense and he rarely uses ...
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Content Type: Adobe Portable Document Format (.pdf) - application/pdf
File name:CompStFAQ06.pdf
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Size:50264
Ready for Declare:No
Appears In: Compensation Study Documents
Preferred Version: CompStFAQ06.pdf