October 16, 2020
Franciscan Alliance Inc.'s current and former workers agreed Friday to drop their proposed class action claiming the hospital network exaggerated its connection with the Catholic Church to obtain an Employee Retirement Income Security Act exemption that let it underfund its pension plan by $320 million.
March 27, 2019
An Indiana federal judge refused Wednesday to toss claims that a hospital network exaggerated its connection with the Catholic Church to obtain an exemption from the Employee Retirement Income Security Act before shorting its pension plan by $320 million.
February 27, 2018
The federal government on Monday told an Indiana federal judge that an Employee Retirement Income Security Act exemption for church pension plans passed a precedential test for complying with the establishment clause, intervening in a proposed class action accusing a religiously affiliated health care provider of violating the federal labor law.