December Appeal Assists Elderly Sisters, Brothers, Priests in Religious Orders Author: Diocese of Fall River In the News 1 Dec 2020 Share The Diocese of Fall River will hold the Retirement Fund for Religious collection December 12-13. The National Religious Retirement Office (NRRO) coordinates this nationwide annual appeal and distributes the proceeds to assist eligible U.S. religious communities with their retirement needs. Nearly 30,000 senior sisters, brothers and religious order priests benefit. Last year, the Diocese of Fall River donated $112,168.28 to the collection. In 2020, the Congregation of the Sacred Hearts -who have served in the Fall River Diocese since 1905- received financial support made possible by the Retirement Fund for Religious. “The generosity of U.S. Catholics enables us to continue our ministry for aging women and men religious,” said Presentation Sister Stephanie Still, the NRRO’s executive director. “We are overwhelmed with gratitude.” In 1988, Catholic bishops of the United States initiated the Retirement Fund for Religious collection to help address the deficit in retirement funding among U.S. religious congregations. Each congregation is responsible for the care and support of its members. Financial distributions from the collection are sent to a congregation’s central house and may be applied toward immediate expenses—such as medications or nursing care—or invested for future eldercare needs. Historically, Catholic sisters, brothers and religious order priests served for little to no pay. Today, many religious communities lack sufficient retirement savings. Of 531 communities providing data to the NRRO, only 29 are adequately funded for retirement. Rising health-care costs and a growing number of senior members compound the challenge to meet retirement expenses. The 2019 collection raised $26.2 million, and in June, the NRRO disbursed $25 million in financial assistance to 341 religious communities. Throughout the year, additional funding is allocated for resources and services that help communities improve eldercare delivery and plan for long-term retirement needs. For example, a new online webinar offers professional guidance on adapting care protocols to address issues arising from the coronavirus pandemic. “During these trying times, we know the best way to support senior religious is to continue helping their communities address retirement and eldercare challenges,” said Sister Still. “Our grateful prayer is with all whose love and generosity sustain this mission.” Visit retiredreligious.org to learn more. Donations to support the Retirement Fund for Religious may also be sent directly to the National Religious Retirement Office at 3211 Fourth Street NE, Washington, D.C., 20017-1194. Diocese of Fall River Office of Communications Categories In the News Press Releases and Statements Messages from The Bishop Bishop's Blog Success Stories Photo Gallery Videos Previous Next Related Posts In the News 29 Nov 2018 Collection Will Support Elderly Catholic Sisters,Brothers and Religious Order Priests The annual Retirement Fund for Religious collection will be held Dec. 8-9 in the Diocese of Fall River. Coordinated by the National Religious Retirement Office (NRRO) in Washington, the appeal … Read More In the News 2 Dec 2021 Collection Helps Aging Religious Sisters, Brothers, Priests FALL RIVER — The Diocese of Fall River will hold the Retirement Fund for Religious collection at December 11-12 weekend Masses. The parish-based appeal is coordinated by the National Religious … Read More In the News 28 Nov 2023 December Special Collection Supports Care of Aging Religious FALL RIVER — Parishes in the Diocese of Fall River will take up the annual Retirement Fund for Religious collection at Masses on the weekend of December 9-10. Catholic sisters, … Read More