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Diocese of Albany to appeal $54 million pension restitution verdict

1 report, 1 independent Updated Tue 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

The Roman Catholic Diocese of Albany plans to appeal a December verdict that awarded former St. Clare's employees $54 million in restitution. The jury found the diocese responsible for the actions of bishops Howard Hubbard and Edward Schaffenberger, former diocesan employees, as well as Saint Clair's President Joseph Prophet and former President Robert Perry. The diocese maintains that it was not directly responsible for the actions.

From wamc.org

Why it matters

Some supportBrind's analysis of the reports

The verdict stemmed from accusations that St. Clare's Hospital mismanaged its pension fund, which covers 1,100 workers. The appeal challenges the financial liability assigned to the diocese regarding the lost payments.

From wamc.org

Who's involved

  • AARP FoundationLuis Lopez of the AARP Foundation commented on the jury verdict regarding the diocese's responsibility.

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The entities involved

Coverage

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