The suit alleges that Daughters of Charity improperly classified its pension plan as a "church plan," which is exempt from the federal law governing and protecting pensions, the Employee Retirement Income Security Act of 1974 . Only actual churches can qualify for the "church plan" exemption, and a previous court decision established that similar plans to those created by the Daughters hospital system do not qualify for the exemption.
http://ift.tt/1ygaVp7
http://ift.tt/1ygaVp7
No comments:
Post a Comment