ERISA

Hospital Workers’ Pension Plan On Life Support

Oct 10, 2017
Lynn Arditi / RIPR

Across the country, millions of employees have entrusted their retirement savings to unregulated pension plans known as church plans. Many of these plans are run by church-affiliated schools, nursing homes and hospitals.

And when church plans run into financial trouble, as happened in Rhode Island, the beneficiaries' retirement savings have no government safeguards.