Challenges to 2 church plans move forward

Challenges to 2 church plans move forward

04/01/14

On Monday, a U.S. District Court in New Jersey dismissed a motion by Saint Peter’s Healthcare System, New Brunswick, N.J., to stop a lawsuit by pension plan participants challenging a recent ruling by the IRS that it was a church plan exempt from ERISA. The IRS determination, wrote Judge Michael Shipp, “conflicts with the plain text of the statute and is therefore unreasonable.”

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