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Ascension Health Gets OK for $29.5M Deal to End ERISA Suit
Cohen Milstein
Jan. 17, 2018 "The settlement requires Ascension to guarantee $29.5 million of benefits to class members in the event that trust assets in the plan dip below that number. Judge Feinerman noted that the settlement came after the Supreme Court issued its decision in Advocate Health Care Network v. Stapleton, which extended ERISA's 'church plan' exemption to any benefit plan maintained by a church affiliate even if it wasn't originally established by a church." MORE >> |
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