Five questions church pension plan sponsors should ask to avoid legal trouble
In light of a Supreme Court ruling on church pension plans and ERISA regulations, here are five questions to ask if your fund is safe from a fine or other legal challenge. Read more at Pensions & Investments.
The U.S. Supreme Court ruled in June that certain religiously affiliated organizations can continue to operate their pension funds as church plans and so are exempt from some Employee Retirement Income Security Act rules.
That was great news for health systems that were dragged through the courts in recent years. However, executives at other organizations operating church pension plans — everything from universities to YMCAs — should not get complacent.
