05 Jun High court delivers blow to hospital pensions
Posted at 08:11h
in News You Can Use
Photo: kconnors/morguefile.com
The U.S. Supreme Court ruled that religious hospitals don’t have to comply with federal laws on pension plans. The decision could impact the retirement security of more than a million hospital workers in the U.S. and tens of thousands in New Jersey. The issue at is the reason why employees from the now defunct St. James Hospital learned their pension fund will be broke in several months.
Read this NJ.com story to learn what went into this decision and how it could affect the lives of workers at religious hospitals.