Click here for a short summary of the issue. Click here for a detailed timeline.
See also the Pension Rights Center website.
Click here for ex-St. Peter's CEO John Matuska's 2011 letter to the IRS.
Click here for ex-St. Peter's VP of HR Bruce Pardo's 2011 letter to the IRS.
Haga clic aqui para verun resumen del problema en español.
Tuesday, June 4, 2013
Is the Tide Turning?
Saint Peter's will be holding town hall meetings this coming Thursday and Friday, June 6 and 7, to discuss its new SPIRE strategic plan; the meetings will be chaired by Saint Peter's COO Kenneth Sable. Administration states that "employees are urged to ask questions" and that questions can be submitted in advance via a "question submission box." It's unclear if any questions not submitted via the box will be addressed. It's also unclear whether any of Saint Peter's administration responsible for the pension plan (CEO Rak, CFO Stoldt, or VP of HR Ballesteros) will attend. Still, if you attend one of these meetings and any of the above individuals are present, it may provide an opportunity to ask questions about the pension plan in a public forum. Clearly, the administration would rather address pension questions in private. If you or someone in your meeting asks a pension-related question, kindly let us know in the comments how it went. Thanks!