
The management of Saint Peter's University Hospital is using the church to exempt itself from the Federal safeguards that protect your retirement plan. For an introduction, see Your Pension At Risk.
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.

Friday, January 20, 2012
Keep Sending Those Letters!
Though the IRS comment deadline is here, there's a grace period. The IRS will accept comment letters 60 days from when you received the notice from St. Peter's, so letters received by January 25th will be effective. If you haven't sent a comment letter, compose and send one today using the templates provided here. Thanks for getting involved!
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As a former and vested employee of SPUH I found my self totally blindsided by the news about the church plan notice. (I just noticed the article on nj.com on 1/22 and did a search on the subject.) As a vested plan participant shouldn't I have received a copy of the IRS required notice? If SPUH neglected to send a notice to all vested participants, would this be grounds for extending the comment period?
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