DETROIT (AP) — The men who preach from the holy book want a closer look at the financial books.
Three priests have lost an appeal in an effort to get more details about a pension fund at the Catholic Archdiocese of Detroit.
They wanted a Wayne County judge to order an accounting of the fund for priests. They’re concerned that it might not be healthy enough to pay benefits when they retire. But Judge John Gillis Jr. ruled in favor of the Archdiocese.
The Michigan appeals court agreed, saying the priests have no right to intervene in management of the pension fund.
The fund relies on investment returns and money from parishes.
- Posted March 24, 2015
- Tweet This | Share on Facebook
Priests lose appeal over dive into pension fund
headlines Macomb
- Macomb County Meals on Wheels in urgent need of volunteers ahead of holiday season
- MDHHS hosting three, free virtual baby showers in November and December for new or expecting families
- MDHHS secures nearly 100 new juvenile justice placements through partnerships with local communities and providers
- MDHHS seeking proposals for student internship stipend program to enhance behavioral health workforce
- ABA webinar November 30 to explore the state of civil legal aid in America
headlines National
- This Is the Moment
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- BigLaw partner won’t charge his $3,250 hourly rate to defend New Jersey cities in Trump administration suits
- After second federal judge withdraws error-riddled ruling, litigants seek explanation
- 5 hallucinated cases lead federal judge to kick 3 Butler Snow lawyers off case
- Bondi files ethics complaint against federal judge who reportedly expressed concern about ‘constitutional crisis’
