(Still) Trying To Imagine
Today in the Cafeteria, we're serving up leftovers.
I encourage you to pay a timely revisit to this post from last July.
The more things change, the more they stay the same.
And, I still can't really imagine.
A lifelong Catholic serving up cafeteria food for thought whenever the spirit moves me. Grab a tray and come through the line. This cafeteria is definitely OPEN!
Though billions of dollars have been salted away, there still remains an unfunded future liability of $8.7 billion for current nuns, priests and brothers in religious orders. The financial hole is projected by a consulting firm to exceed $20 billion by 2023.The majority of retired religious are nuns. So, the sisters are set to feel the biggest blow.
A June survey by the church's National Religious Retirement Office, not yet released to the public, puts spending for retiree care at $926 million last year alone. That compares with a total of $499 million received over the last 18 years from annual special parish collections to aid retirees.
Between 1965 and 2005, their numbers plummeted from 179,954 to 68,634, according to the Center for Applied Research in the Apostolate at Georgetown University. With far fewer younger novices being recruited, the majority of sisters are now more than 70 years old, the retirement office's new survey said. Even though sisters usually work until age 75, caring for the retired population is a huge task.Susan is doing her part, joining the ranks of the Groovy Sisters. For the rest of us, financial contributions are always welcome. According to the NRRO, 172 of the nation's 195 dioceses participate in its annual appeal, which is in its 20th year. For more info, you can email retirement@nrro.org.