From Huffington-
In 1914, as the Episcopal Church wrestled with creating a pension system for clergy, Bishop William Lawrence argued that caring for aging ministers was a moral responsibility and essential to the future of the church.
The choice, he said, was often between having clergy hanging on to pastorates rather than depend on charity or providing pensions "which will place the clergy and their dependants in a position of far greater buoyancy, cheer, and dignity; which will enable men of weakening powers to give place to those younger and stronger; which will keep our parishes manned with vigor."
Today, nearly a century after his article in the Harvard Theological Review, the religious community faces a renewed challenge in a continuing recession to meet the needs of older clergy while making room for younger leaders.
Like their secular counterparts, many clergy who devoted their attention to less temporal matters than financial planning now find themselves amid shrinking church budgets and a poor economy being forced to work beyond traditional retirement ages.
More here-
http://www.huffingtonpost.com/david-briggs/aging-clergy-and-retirement_b_996659.html
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