Dignity Health Blasts ERISA Suit Over $1.2B Pension Shortfall

Law360, New York (June 18, 2013, 4:16 PM EDT) -- Dignity Health on Monday asked a California judge to dismiss a putative class action alleging that the health care conglomerate underfunded its pension plans by $1.2 billion, arguing its status as a religious institution exempts it from the law.

San Francisco-based Dignity says it is shielded by the"church-plan" exemption in the Employee Retirement Income Security Act, which applies to benefit plans operated by religious institutions as well as nonprofit affiliates. Dignity said the suit's claims that it is not covered by the exemption because it is not a church...
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