Final Approval Granted To ERISA Church Plan Case Settlement Of More Than $26M

Mealey's (January 22, 2021, 12:42 PM EST) -- EAST ST. LOUIS, Ill. — A federal judge in Illinois on Jan. 15 granted final approval of a more than $26 million class settlement reached in an Employee Retirement Income Security Act church plan exemption case involving two defined-benefit plans offered by a nonprofit health care corporation and granted the plaintiffs’ motion for attorney fees, costs and incentive awards....