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.
Tuesday, June 6, 2017
Hospitals Win Supreme Court Case
Yesterday, June 5th, the U.S. Supreme Court ruled in the three consolidated pension cases, including Saint Peter's, affirming the right of religiously-affiliated organizations to exempt themselves from ERISA requirements for funding, reporting, and insuring their pension plans. The opinion was unanimous, 8-0. We will be back with more soon.
Posted by SPUH Blog Admin at 12:38 PM