Religious orders receive $23 million for retirement aid

Last updated on: June 20, 2013 at 8:05 pm by CNA Daily News

Religious orders receive $23 million for retirement aid 2013-06-20T20:05:00+00:00 CNA Daily News

LOGO Patheos Explore the world's faith through different perspectives on religion and spirituality! Patheos has the views of the prevalent religions and spiritualities of the world.

Washington D.C., Jun 20, 2013 / 02:05 pm (CNA/EWTN News).- More than $20 million has been distributed to U.S. religious communities to help care for their elderly and retired members this year.

“We continue to be humbled and overwhelmed by the generosity of Catholics across the nation who faithfully support our senior religious each year,” said Sister Janice Bader, a member of the Sisters of the Most Precious Blood of O'Fallon, Mo., who serves as executive director of the National Religious Retirement Office.

“With this support, many religious communities have been able to transform their retirement crises into manageable concerns.”

The U.S. Conference of Catholic Bishops announced on June 18 that the National Religious Retirement Office recently distributed $23 million to 439 religious communities throughout the country to help support retired priests, nuns and brothers.

The money comes from the national Retirement Fund for Religious collection, held every year in dioceses throughout the country. Last December, the collection raised $29 million for elderly religious.

The lack of retirement benefits in many religious communities has led to financial difficulties in the retirement and elder care of men and women religious in the U.S.

Religious communities must support their own senior members, and money from the Retirement Fund for Religious serves each year to supplement communities’ savings and income, as well as government programs including Medicaid, Medicare and Social Security.

The retirement fund was founded in 1988 by U.S. bishops to help support retired members of religious communities. The collection and distribution of funds is managed by the National Religious Retirement Office.

The funding will go to help fill needs such as prescription medications and nursing care for communities throughout the United States.

Previous Post

June 20, 2013

Pope: it's wrong to think our enemies must go to hell

Next Post

June 20, 2013 Bishops push State Department to help end Syrian civil war

Browse Our Archives

Select a Category Americas Asia - Pacific Europe Middle East - Africa Uncategorized US Vatican

Select a Month November 2017 October 2017 September 2017 August 2017 July 2017 June 2017 May 2017 April 2017 March 2017 February 2017 January 2017 December 2016 November 2016 October 2016 September 2016 August 2016 July 2016 June 2016 May 2016 April 2016 March 2016 February 2016 January 2016 December 2015 November 2015 October 2015 September 2015 August 2015 July 2015 June 2015 May 2015 April 2015 March 2015 February 2015 January 2015 December 2014 November 2014 October 2014 September 2014 August 2014 July 2014 June 2014 May 2014 April 2014 March 2014 February 2014 January 2014 December 2013 November 2013 October 2013 September 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012

TAKE THE

Religious Wisdom Quiz

What kind of bird brought Noah a sign of dry land?

Select your answer to see how you score.

A sparrow An eagle A dove A raven