by Wilber H. Boies, PC, Ralph E. DeJong, Michael T. Graham, David E. Rogers, Nancy G. Ross, Mary K. Samsa, Kerrin B. Slattery, Todd A. Solomon and Joseph K. Urwitz
Recent complaints challenging the “church plan” status of certain pension plans maintained by church-sponsored hospital systems may signal the beginning of a new wave of lawsuits challenging underfunded church pension plans. Sponsors of church plans would be well advised to examine their church plans and assess the risk associated with the plan’s funded status and the strength of their position that the plan qualifies as a church plan.
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