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Supreme Court to Decide Whether Certain Nonprofit Pension Plans Can Claim 'Church Plan' Status
Pension Rights Center [PRC]
Dec. 7, 2016 "The Supreme Court's decision in these three cases will affect hundreds of thousands of current and former employees of hospitals, social services agencies, educational institutions, and other religiously-affiliated nonprofit organizations whose pension plans were not established by and are not backed by a church ... [U]ntil a change in IRS procedures five years ago, employees were not even told that their plans had applied for 'church plan' status. Some retirees have already lost all or part of the pensions they had earned." MORE >> |
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