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ERISA lawsuits target Russell, Wake Forest, Generac

Cutouts make retirement savings personal

Cutouts make retirement savings personal 6-foot-tall cutouts of two Transamerica employees remind St. Luke’s staff about saving. Somewhere amid the personal touch of one-on-one communication and the high-tech touch of virtual communication for DC plans, there s room for cardboard. To be precise, cardboard cutouts of two service provider representatives proved to be a hit for St. Luke s Health Network, Allentown, Pa., said Sharon Cavanaugh, assistant vice president for retirement administration. People were really talking about it much more than I ever anticipated, she said. People are really embracing this. It s working. Ms. Cavanaugh described her experience during a March presentation for the

Singing River retirees file new lawsuit over failed pension It s not fair, nurse says

Singing River retirees file new lawsuit over failed pension. It s not fair, nurse says Sun Herald (Biloxi, MS) Apr. 12 Singing River Health System retirees are learning to live on lower pensions than they expected as attorneys continue to press for financial damages from companies they believe are responsible. A new lawsuit has been filed over the 2014 failure of the SRHS retirement plan, which caught hundreds of retirees and employees by surprise. Biloxi attorney KPMG LLC and Transamerica Retirement Solutions on behalf of 272 members of the retirement plan. Reeves said in a news release that the companies were paid hundreds of thousands of dollars to help manage and audit the pension plan and to accurately communicate the status of the plan to members.

Lawsuit alleges new problems with Singing River Health System pension settlement

Lawsuit alleges new problems with Singing River Health System pension settlement Singing River Health System retirees are back in court. And just like a few years ago, they’re demanding full payment of their pension funds. (Source: WAVE 3 News) By WLOX Staff | April 8, 2021 at 5:00 PM CDT - Updated April 8 at 5:00 PM PASCAGOULA, Miss. (WLOX) - Singing River Health System retirees are back in court. And just like a few years ago, they’re demanding full payment of their pension funds. The lawsuit filed Wednesday by attorneys Jim Reeves and Matthew Mestayer alleges fraud, false representation and gross negligence. You may remember back in 2016 Singing River Health System settled the case against it, agreeing to a settlement where they would pay the retirement fund trust $149 million over the next 35 years. This new lawsuit claims Gary Brown and 270 other Singing River Health System retirees are not getting paid 100% of the benefits they were awarded in that 2016 s

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