Tag: Bankruptcy|Church pension plans|ERISA|IRS|PBGC|PBGC limits/ guarantees|PBGC premium|Pension Rights Center|Traditional (defined benefit) pensions|Underfunding
N.J. workers at religious institutions fear change threatens pensions
Tens of thousands of current and former employees at scores of religiously affiliated institutions across the country face the same fear, as nonprofits increasingly seek refuge in “church” pension plans to escape onerous financial obligations, according to Eric Loi, an attorney at the Washington D.C.-based Pension Rights Center.
