|
For priests, as is the case with the majority of Americans, retirement
is one of lifes more significant milestones. It comes after
theyve devoted most of their lives to being the spiritual
leaders of their faith.
But for the 35 priests in the Diocese of Sacramento who are currently
retired, and a growing number facing retirement in the not too distant
future, that milestone comes with a fair share of financial challenges.
It was with this in mind that when the diocese launched its $50
million capital campaign, Preserving Our Past, Building Our
Future, in September, support for priests retirement
and housing was a high priority.
The priests retirement trust has been a concern for many
years, and housing for retired priests who choose to live together
in community has also been an expressed need, according to
Msgr. Robert Walton, vicar general of the diocese.
He said that actuarial studies have determined that a $5 million
contribution from the campaign to the priests retirement trust
will enable the diocese to offer consistent cost of living increases
to the growing number of retiring priests. Currently premiums paid
into the trust by parishes and institutions provide for an increase
every five or six years.
We wanted to be much more predictable than that, he
noted.
Father Ignatius Haran, pastor of St. John the Baptist Parish in
Folsom and chairman of the priests retirement trust, agrees that
an infusion of funds into the trust is very badly needed.
The priests retirement trust was established in 1971, supported
by priests in the early years and later funded by parishes. Because
the retirement plan multiplied a set amount by the number of years
priests were in the plan, those retiring a short time after the
fund was set up received less support.
There is little for them in Social Security, and, of course,
they dont have a house to live in, Father Haran said.
The priests who are suffering are those who retired 10 or
15 years ago.
Prior to the trusts establishment, priests stayed on of necessity
at their rectory, bypassing retirement due to limited finances.
Father Haran said that even with the much-needed trust fund, priests
typically need to do some serious financial planning to make ends
meet following retirement.
Adding to the need is the fact that there are approximately 30
priests working full time who have reached the age of 65, and 13
of this group are over 70 and five are over 75.
A big selling point in the capital campaign at St. John the
Baptist is priests retirement, Father Haran said.
In addition to proving financial support for the priests
retirement trust, the capital campaign will designate $2 million
to fund the construction of a retirement village for retired priests
adjacent to Christ the King Retreat Center in Citrus Heights.
The phased project, which will be built on land already owned by
the diocese, will feature construction of 24 independent living
units and a community building surrounded by oak trees. The community
building will include a chapel, a living/recreation room, dining
facility, kitchen, two guest rooms, and parlor.
The retirement village eliminates for some a big question:
Where do I live, where do I go? Msgr. Walton said. We
want the transition from active ministry to senior ministry in retirement
to be a seamless process.
Father Ronan Brennan, vicar for retired priests of the diocese,
officially retired in 1992. Not one to let the grass grow under
his feet, he hits the road most every weekend, filling in for priests
who are ill, on vacation or on sabbatical, in parishes throughout
the diocese.
Wherever you go, you meet nice people, Father Brennan
said, adding that recent trips have taken him to Dunsmuir, Maxwell,
Arbuckle and Williams. When you go in as a stranger, there
is nearly always an invitation to dinner, he noted.
In his work as vicar, he acts as a resource for priests with questions
regarding such issues as Social Security, Medicare, and long-term
care. He tries to pay an annual visit to retired priests except
for the few living in Ireland I wont be driving to see.
He also celebrates Mass at six skilled nursing facilities near
his home in Auburn, at nearby Mercy Center, and serves as chaplain
for the Legion of Mary.
Father Brennan said a boost to the retirement trust is very
much needed, and a retirement village is such a great idea
hes already applied for a unit.
I think the first eight units will be gone right way,
he said. Its a healthy concept, a place you can pray
together, and provides all kinds of options for your time.
Msgr. Patrick Nolan retired in 1994 after serving as pastor of
St. Philomene Parish in Sacramento. He readily acknowledges that
the word retirement may be misleading in his case, as
he has since served as director of Catholic cemeteries and in other
diocesan assignments.
Msgr. Nolan currently keeps active celebrating healing Masses,
pro-life Masses and the 5 p.m. weekday Mass in the Our Lady of the
Blessed Sacrament chapel at St. Philomene.
I was always going gung-ho all the time and still am,
he said, adding with a hearty chuckle, I dont have a
day off anymore.
Msgr. Nolan said the retirement village affords senior priests
the option of living alone as has been their custom, enhanced by
a communal component.
It gives you a chance at independent living, and priests
are interested in independence, he said. If a fellow
wants to cook, he can do it.
Construction of the first eight units and the community building
are expected to begin in the spring.
|