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Holy Redeemer Hospital allegedly made lower pension payouts

PENNSYLVANIA RECORD

Friday, November 22, 2024

Holy Redeemer Hospital allegedly made lower pension payouts

Contract 10

PHILADELPHIA — Four people have filed a class action lawsuit against a hospital and its pension plan, citing alleged breach of contract.

Karen Snyder, Cheryl Robinson-Kelly, Barbara Frederici and Kimberly Niedrist filed a complaint on behalf of all others similarly situated on March 2 in the U.S. District Court for the Eastern District of Pennsylvania against Holy Redeemer Health System, d/b/a Holy Redeemer Hospital; The Holy Redeemer Health System Pension Plan Committee; and Doe Defendants 1-20, alleging that they devised a scheme to provide their participants lower pension payouts.

According to the complaint, the plaintiffs allege that they sustained damages from being paid lower benefits. The plaintiffs holds the defendants responsible because they allegedly failed to meet the minimum funding standards.

The plaintiffs request a trial by jury and seek order the defendant to comply with Employee Retirement Income Security Act and disclosed information to the participants, contributions, interest, contribution, disgorgement, profits, injunction, pay a civil monetary penalty of up to $110 per day, court costs and any further relief this court grants. They are represented by Gerald D. Wells III and Stephen E. Connolly of Connolly Wells & Gray LLP in King of Prussia.

U.S. District Court for the Eastern District of Pennsylvania Case number 2:17-cv-00960-TJS

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