ERISA Church Plan Case Settlement Of More Than $26M Preliminarily Approved

Mealey's (October 12, 2020, 1:15 PM EDT) -- EAST ST. LOUIS, Ill. — A federal judge in Illinois on Oct. 7 granted preliminary 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 (Sheilar Smith, et al. v. OSF Healthcare System, et al., No. 16-467, S.D. Ill.)....