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.


Monday, March 28, 2016

St. Peter's Appellate Rehearing Denied

You may remember (you certainly should!) that back in January, Saint Peter's announced that they had filed to request that the entire Third Circuit re-hear the appeal that a three-judge panel had previously denied. On Friday, March 18, the Third Circuit denied Saint Peter's request for a rehearing. Today, the Third Circuit sent the case back to the New Jersey District Court for a decision, which will presumably go against Saint Peter's. It will be interesting to see what Saint Peter's does next; plainly they do not intend to run the pension plan as an ERISA plan.

3 comments:

  1. So now: when is the court order going to be issued for the Hospital to comply with ERISA with PLAN001?? Being reminded that Plan 001 has been stopped and all that belong are entitled to what is promised them in the Plan documents which I have a copy. Their new plan however is a "savings plan" and not a pension plan which is funded by both employee and employer..and still this is not a church plan either.

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  2. Obviously the pension rights center runs this BLOG so this should be an easy question to answer.

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  3. Obviously the wise ass blog admin has not answered the above comments! So who, at the court house is to be called to ask them to issue a court order to make SPUH revert back to an ERISA plan? Lets not have any Mish-Mosh answers here ok--And take it easy with the "lets be civil stuff..The real world is not civil and we all know you lawyers--well most of you have potty mouths anyway!

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