The catholic church nuns and priest... made blood money on their hands... by the sweet of children... and now their are making money from the old age Pensioners... Ann
But the sponsors of pension funds run by Catholic hospitals have taken advantage of an IRS rule, which, in effect, gives zero protection to retirees if the pension goes bust.
http://www.nj.com/business/index.ssf/2016/11/bamboozled_how_catholic_hospitals_get_away_with_le.html
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Pensions have been on their way out for a long time. They're expensive for employers, and they require lots of rule-following and reporting.
But the sponsors of pension funds run by Catholic hospitals have taken advantage of an IRS rule, which, in effect, gives zero protection to retirees if the pension goes bust.
http://www.nj.com/business/index.ssf/2016/11/bamboozled_how_catholic_hospitals_get_away_with_le.html