Pension Benefit Guaranty sues Fay Construction over terminated pension plan

via PennRecord by Louie Torres, PennRecord July 19, 2017 PHILADELPHIA — A government corporation dealing with terminated pension plans is suing Fay Construction Co. Inc., as plan administrator for the Fay Construction Co. Inc. pension plan, alleging breach of contract. The Pension Benefit Guaranty Corporation, a government entity located in Washington, D.C., filed a complaint on June 16 in U.S. District Court for the Eastern … Continue reading Pension Benefit Guaranty sues Fay Construction over terminated pension plan

Vote Cuts Pension Checks for Retirees

via Altoona Mirror by Kay Stephens, Altoona Mirror July 5, 2017 About six months ago, the Blair County Retirement Board voted to cut the percentage being used to calculate part of an employees’ monthly pension payment, based on money the employee contributed. Instead of 7 percent, the board agreed that 4 percent would be used. And since that vote, the change has been hitting home … Continue reading Vote Cuts Pension Checks for Retirees

Methodist LeBonheur Pension Draws Lawsuit

via commercialappeal.com, by Kevin McKenzie, The Commercial Appeal, July 13, 2016 Mary L. Brace has had no problem collecting her monthly $670 pension checks from Methodist Le Bonheur Healthcare since she retired as a registered nurse in 2009. Still, a newspaper advertisement and an attorney from a Pennsylvania law firm have led Brace to be the lead name on a federal lawsuit claiming the Memphis … Continue reading Methodist LeBonheur Pension Draws Lawsuit

Carpenters’ Union Alleges C.F. Bordo Failed to Pay Labor Fees

via Penn Record, by Annie Hunt, pennrecord.com, February 24, 2016, A Pittsburgh carpenter’s union is suing a Dunmore construction company, alleging failure to pay labor fees. Carpenters Combined Funds Inc., by administrator James R. Klein, filed a lawsuit Feb. 15 in U.S. District Court for the Western District of Pennsylvania against C.F. Bordo Inc., James Bordo, Ceaser F. Bordo and Leslie Bordo, alleging violations of … Continue reading Carpenters’ Union Alleges C.F. Bordo Failed to Pay Labor Fees

Penn. Supreme Court to Hear Appeal of Charter School Ruling

via Citizen’s Voice, by Terrie Morgan-Besecker, citizensvoice.com, December 8, 2015, In a case with important statewide implications, the Pennsylvania Supreme Court agreed Monday to hear a dispute over whether a public school district can be held liable for unpaid pension contributions incurred by a charter school. The appeal, filed by the Pocono Mountain School District, challenges the state Department of Education’s deduction of $87,700 in … Continue reading Penn. Supreme Court to Hear Appeal of Charter School Ruling

Upper St. Clair Schools Withhold State Pension Payments

via Pittsburgh Post-Gazette, by Clarece Polke, Pittsburg Post-Gazette, October 16, 2015, Upper St. Clair School District board directors are making a statement amid the ongoing state budget impasse: We won’t pay our bills until you pay yours. In a Sept. 21 voting meeting, board directors voted to withhold the employer’s portion of its payments into the Pennsylvania School Employees Retirement System — PSERS— until the 2015-16 … Continue reading Upper St. Clair Schools Withhold State Pension Payments