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Church retirement plans sidestep federal oversight—and employees pay the price
February 27, 2025
» Continue to this story on Wall Street Journal
CWN Editor's Note: The Employee Retirement Income Security Act of 1974 required employers with pension plans to fund them adequately, but the law exempted employers with religious affiliations. A half century later, retirees promised pensions by some Catholic hospitals are being told that they will not receive their benefits because of insufficient pension funds.
The above note supplements, highlights, or corrects details in the original source (link above). About CWN news coverage.
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