Tag Archives: Pension

SRHS legal showdown ends in $150 million-plus settlement

Posted on by • Posted in Uncategorized • Tagged , , , , , , • Leave a comment

http://www.sunherald.com/news/special-reports/singing-river-health-system/article81375622.html

TIM ISBELL/SUN HERALD Members of Singing River Health System's pension plan join hands and pray before entering the federal courthouse in Gulfport on Monday, May 16, 2016, for a hearing on a proposed class-action settlement involving their retirement benefits. A federal judge approved the settlement Thursday.

More than 200 feisty retirees wanted to pursue lawsuits against Singing River Health System over its failed pension plan, but U.S. District Court Judge Louis Guirola Jr. has signed off on a settlement proposed by attorneys for other pension-plan members.