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Dignity Health’s $747 Million Pension Deal Denied Approval Again

June 15, 2020, 2:45 PM

A settlement that could put an extra $747 million in Dignity Health’s pension plan failed to get necessary approval, after a federal judge in California said a conflict among proposed class members could leave about 3,300 people without adequate protection.

The June 12 order by Judge Jon S. Tigar of the U.S. District Court for the Northern District of California marks the second time Tigar declined to approve the settlement between Dignity and employees who say the hospital wrongly runs its pension plan as a “church plan” exempt from federal law. Tigar refused to sign off on the deal in...

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