Multiple Class Action Complaints Challenge Church Plan Status of Hospital Pension Plans

By on July 11, 2013

by Wilber H. Boies, PC, Ralph E. DeJong, Michael T. Graham, David E. Rogers, Nancy G. Ross, Mary K. Samsa, Kerrin B. Slattery, Todd A. Solomon and Joseph K. Urwitz 

Recent complaints challenging the “church plan” status of certain pension plans maintained by church-sponsored hospital systems may signal the beginning of a new wave of lawsuits challenging underfunded church pension plans.  Sponsors of church plans would be well advised to examine their church plans and assess the risk associated with the plan’s funded status and the strength of their position that the plan qualifies as a church plan.

To read the full article, please click here





Top ranked chambers 2022
US leading firm 2022