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Monday, May 13, 2024

Wheaton Franciscan Healthcare

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  • Judge OKs $29M deal to end class action vs Ascension Health over Wheaton Franciscan pension claims

    By Jonathan Bilyk |
    In the wake of last year’s U.S. Supreme Court ruling that religiously-affiliated hospitals can qualify for exemption from certain federal pension rules, a Chicago federal judge has signed off on a $29 million settlement, designed to end class action litigations against Ascension Health, in which the country’s largest Catholic hospital system was accused of attempting to use the religious exemption improperly to underfund its employees’ retirement plans.