What is the CEAP Retirement Plan?
It is a Plan established to provide retirement and other benefits for the qualified employees of (a) the CEAP member schools and CEAP Secretariat and Retirement Office and (b) other Catholic institutions which are subsequently accepted by the CEAP Retirement Commission. • What other institutions may be accepted as Participating Employers in the Plan? Any Catholic school, college, university, congregation, order or diocese may be accepted provided that they become CEAP-accredited within 12 months from the date of acceptance in the Plan and that in the opinion of the Commission, sufficient proof exists to show that the applicant intends and has the capacity, financial and otherwise, to continue its participation in the Plan indefinitely, and provided further that its acceptance will not prejudice the tax exemption of the Plan.
