March 25, 2014
Catholic Health East's strong ties to the Roman Catholic Church exempt it from the Employee Retirement Income Security Act and warrant dismissal of a putative class action alleging that the health care system underfunded its pension plan by more than $438 million, a Pennsylvania federal judge heard Tuesday.
March 29, 2013
Health care system Catholic Health East was hit with a proposed class action Friday alleging the Pennsylvania-based nonprofit has underfunded pension plans for 60,000 employees by more than $438 million, in violation of the Employee Retirement Income Security Act.