ascension health pension plan underfunded
If our contract with our client is more restrictive than the terms of this Privacy Notice, the more restrictive contract terms will apply. "Fully funded" is a term that describes a pension plan that has sufficient assets to provide for all of its obligations. In the Ascension case, brought by Marilyn Overall, a former employee of an Ascension hospital in Michigan, alleged the pension plans were underfunded by $444.5 million, affecting 122,000. Slaters Local 248 Pension Plan, Southern California Arizona Colorado and Southern Nevada Glaziers Architectural Metal and Glass Workers Pension Trust, Teamsters Local 210 Affiliated Pension Trust Fund, Teamsters Union Local No. Simply put, the more underfunded a pension plan is, the more likely it's going to run out of money. We will cooperate with and facilitate these requests to the extent required by law. .usa-footer .grid-container {padding-left: 30px!important;} For example, functional cookies show us which are the most frequently visited pages on the Sites, help us record any difficulties you have with the Sites, and show us whether our enrollment campaigns are effective. If you have questions or would like more information, please contact the Plan Sponsor regarding its data protection practices and/or review their privacy notice. They had alleged that Ascension Health underfunded its pension plans by some $440 million. /*-->
