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IRS Working to Bring 'Church' Pension Plans under ERISA
Online Legal Media June 23, 2010 Excerpt: When ERISA was enacted in 1974, religiously affiliated employers were exempted from the regulation, according to the Wall Street Journal. Recently, employers with only a tenuous association to religion have begun to convert their pension plans to 'church plans,' which generally cover the clergy and lay employees of churches and synagogues. |
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