Featured Jobs
|
MAP Retirement
|
|
MAP Retirement
|
|
Retirement Plan Administration Consultant Blue Ridge Associates
|
|
Relationship Manager for Defined Benefits Daybright Financial
|
|
ESOP Administration Consultant Blue Ridge Associates
|
|
EPIC RPS
|
|
Regional Vice President, Sales MAP Retirement
|
|
MAP Retirement
|
|
Retirement Relationship Manager MAP Retirement
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Bon Secours Agrees to $98 Million Settlement in Church Pension Funding Suit
Bloomberg BNA 
June 2, 2017
"The deal, announced in court papers filed May 31, requires the hospital to contribute $98 million to its pension plans over a seven-year period. This payment represents the 'total amount' of plan underfunding at the time of the settlement, according to the filing. The hospital also agreed to pay $300,000 to 530 employees who would have received additional benefits had the hospital used a pension-vesting schedule that complied with [ERISA]."
|
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |