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, July 28, 2015
Date Set For Oral Argument in Pension Case
The Circuit Court deciding the fate of the Saint Peter's pension plan (in the near term, at any rate) has set a date for oral argument in the case. As this notice from the court indicates, oral argument has been tentatively set for September 28 at the U.S. Courthouse in Philadelphia. It's possible that the judicial panel will forgo oral argument and decide the case based on the existing briefs, or that the court will reschedule the hearing for later in the week. We should know more as we get close to September 28, and we will share any news with you here.
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