Erlanger Pension Representation

On Sept. 24, 2020, the Erlanger Board of Trustees voted during a public meeting to immediately suspend lump-sum payments from the hospital’s pension until it’s brought to 80% funding, which could take roughly seven to 10 years — or more — to achieve. The plan was 36% funded, or $83.5 million underfunded, at the end of fiscal year 2020.

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