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Diocese of La Crosse Terminates Underfunded DB Plan
Leader-Telegram Mar. 13, 2018
"[T]he Diocese of La Crosse plans to terminate its pension plan for lay employees this summer, replacing it with an undetermined one-time payment.... Bishop William Patrick Callahan informed members of the diocese's Lay Employees' Retirement Plan that the plan has been underfunded for years.... The pension plan covered Catholic school teachers, custodians, secretaries, rectory workers and other lay employees throughout the diocese, which serves 19 west-central Wisconsin counties[.]"
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