Dignity Health Underfunded Pensions By $1.2B, Suit Says

Law360, Los Angeles (April 3, 2013, 9:24 PM EDT) -- A former employee hit Dignity Health with a putative class action in California federal court on Monday alleging that the health care conglomerate violates numerous provisions of ERISA, including underfunding its pension plans by $1.2 billion, while falsely claiming exemption from ERISA’s protections.

The lawsuit, filed by plaintiff Starla Rollins on behalf of Dignity Health’s 60,000 employees, raises allegations that Dignity Health erroneously claimed its pension plans to be exempt from the Employee Retirement Income Security Act because they are “church plans,” even though Dignity Health...
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