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Courts, Not IRS, May Be Ultimate Arbiter of Church Plan Exemption (PDF)
Pension Rights Center in Bloomberg BNA Pension & Benefits Reporter
Aug. 28, 2013 "Recent Internal Revenue Service rulings on the 'church plan' status of retirement plans sponsored by large hospital systems, including a ruling apparently received by the Saint Peter's Healthcare System Retirement Plan, indicate that the IRS is disinclined to modify its long-standing interpretation of [the] church plan exemption ... '[T]he real fight for those who believe the IRS has been getting this wrong for decades is going to be in the courts. I wouldn't be surprised at all to see the Supreme Court being the final arbiter,' [said one practitioner]." MORE >> |
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