"Karen Ferguson, the [Pension Rights Center's] president and a Harvard-trained lawyer, contended that once a plan is an ERISA plan it cannot thereafter become a church plan. A few weeks ago, 10 years after the original opinion, the IRS rescinded its decision and the PBGC accepted the plan back under its protection. The reversal came just in time, because the plan was about to have run out of money and would have been unable to pay benefits to more than 800 participants."  MORE >>