St. Joseph Pension Fund Failure: Cautionary Tale for Recovering Millions for Washington Bridge
GoLocalProv Business Team
In August 2017, the pension fund for thousands of retirees and employees of St. Joseph Health Services was forced into receivership.
Now, just short of the seven-year anniversary, the pension fund’s future is still in question. While tens of millions of dollars were recovered, tens of millions more were not.
As of today, the long-term financial viability of the pension fund is still in limbo.
38 Studios & St. Joseph Pension Lawsuits Show Washington Bridge May Take Years to Recover
GoLocalProv News Team
There have been two high-profile economic failures in Rhode Island in recent history. Here's how they show how the... Read More
EDITORIAL: Diocese Cheats and Wins on the St. Joseph Pension Fund, Now We All Pay
EDITORIAL
For decades, the Diocese of Providence owned St. Joseph Health Services and was responsible for millions of dollars of... Read More
Despite $120M Gap, Diocese to Pay $2.5M in St. Joseph Pension Fund Settlement With Retirees
GoLocalProv News Team and Josh Fenton
In a statement announced on Wednesday afternoon, parties tied to the failure of the St. Joseph pension fund announced that... Read More
St. Joseph Pension Fund Reaches Settlement for $30M, Diocese of Providence Refused to Negotiate
GoLocalProv News Team
St. Joseph’s failed pension fund has reached an agreement with a number of litigants including the hospital's former... Read More
UPDATE on Important Stories: Failed St. Joseph Pension Fund Takes a Hit
GoLocalProv News Team
The saga of the failed St. Joseph pension fund continues in state and federal courts, but the biggest threat to the... Read More
UPDATED: Court Approves $11.5M & 15% Ownership of CharterCare to St. Joseph Pension Fund Retirees
GoLocalProv News Team
After more than two years, the retirees of the St. Joseph Health Services pension fund hve received an award approved by... Read More
St. Joseph Pension Fund Collapse -- A Week of Inaction, Action, and Reaction
GoLocalProv News Team
It has been a week of action, inaction, and reaction in the St. Joseph pension fund collapse. The state’s largest pension... Read More
As St. Joseph Pension Fund Legal Cases Drag On, 58 Retirees Have Died and Fund is Depleting
GoLocalProv News Team
It has been 20 months since the St. Joseph Health Services pension fund collapsed and was placed into receivership and... Read More
Ruggerio Introduces Bills to Bring More Transparency to St. Joseph Pension Plan
GoLocalProv News Team
Senate President Dominick Ruggerio introduced legislation that would bring further transparency to the St. Joseph’s... Read More
St. Joseph Pensioners: 18 Who Made a Difference in 2018
GoLocalProv News Team
In August 2017, the pension fund of St. Joseph Health Services was thrust into receivership. More than 16 months later,... Read More