St. Clare's Hospital retirees sue Catholic Diocese of Albany over pensions

About 100 retired workers of St. Clare's Hospital in Schenectady, N.Y., filed a lawsuit Sept. 10 against the Roman Catholic Diocese of Albany over reduced and eliminated pension benefits, the Times Union reports.

The Catholic hospital, which sits on land owned by the Albany Diocese, eliminated its pension plan in November 2018 due to a $35.5 million budget shortfall, according to the report. The oldest retirees had pension payments reduced, and the remaining group had their benefits canceled entirely.

The lawsuit alleges the Albany Diocese oversaw the pension fund's operations. However, Albany Diocese spokesperson Mary DeTurris Poust told the Times Union the diocese "never managed" the pension fund. "St. Clare's is a separate corporation. Its pension was managed by the corporation, not by the diocese," she said. Ms. Poust declined to comment on the lawsuit, as Albany Diocese lawyers had yet to review the suit, according to the report.

Read the full story here.

 

More articles on legal and regulatory issues:

European physician sues FDA for seizing abortion drugs
OCR settles 1st HIPAA Right of Access case with Bayfront
Telemedicine company CEO pleads guilty in $424M fraud scheme

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months