NRRO announces annual Retirement Fund for Religious collection

The National Religious Retirement Office (NRRO) will hold its annual Retirement Fund for Religious collection, scheduled in parishes throughout the Archdiocese of Oklahoma City on the weekend of Dec. 21-22.

In 2023, parishioners contributed $66,702.68 to the collection. From this collection, the Benedictine Fathers received a total of $43,661.77 in financial support.

“As we prepare for this year’s collection,” said John Knutsen, NRRO director, “we invite all Catholics to join us in honoring the legacy of these dedicated women and men by contributing to their well-deserved care.”

Escalating healthcare costs and a lack of traditional retirement plans have created financial challenges for many religious communities. The Retirement Fund for Religious addresses this need, supporting more than 20,000 religious over the age of 70. In 2023, the average annual cost for their care was roughly $59,700 per person. With skilled nursing care, the average cost was $90,700.

Since its establishment in 1988, the collection has raised over $1 billion, with nearly $870 million distributed for direct care and over $103.5 million allocated to self-help projects. 

In 2023, the appeal raised $29.3 million, providing financial assistance for the retirement needs of 286 U.S. religious communities. Beyond financial aid, the collection supports educational programs, empowering religious communities to plan for their long-term needs.

For more information, visit retiredreligious.org, or contact Robin Cabral, campaign director, by phone at (508) 685-8899 or by e-mail at [email protected].