June 29, 2017
An Illinois federal judge on Thursday gave the go-ahead to a $4 million settlement in a pension dispute between a Chicago-area hospital and a class of its employees, saying the deal is appropriate given the U.S. Supreme Court’s extension of the Employee Retirement Income Security Act’s church exemption.
March 10, 2017
A Chicago-area hospital will pay $4 million to settle a suit from former employees accusing it of unlawfully terminating their pension plan as well as underfunding it by $31 million in violation of the Employee Retirement Income Security Act.
June 07, 2016
Former employees are accusing Chicago's Holy Cross Hospital of violating the Employee Retirement Income Security Act by underfunding its pension plan by $31 million, according to a proposed class action filed in Illinois federal court Monday.