Boston archdiocese reaches settlement in nuns' lawsuit over pension fund
May 25, 2011
The Boston archdiocese has reached an agreement with the Daughters of St. Paul, settling a lawsuit brought by the religious order to resolve a dispute over the archdiocesan pension fund for lay employees.
Under the terms of the settlement, the archdiocese agreed to pay an undisclosed sum to set up a separate pension account for employees of the Daughters of St. Paul. The religious order had been trying since 2005 to extricate its own account from the archdiocesan pension fund. The lawsuit came after archdiocesan officials disclosed that the entire pension account is severely underfunded.
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