{"id":21011,"date":"2010-07-30T16:00:40","date_gmt":"2010-07-30T16:00:40","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/rns_pension_fight_raises_moral_and_legal_concerns_for_elca_publisher\/"},"modified":"2010-07-30T16:00:40","modified_gmt":"2010-07-30T16:00:40","slug":"rns_pension_fight_raises_moral_and_legal_concerns_for_elca_publisher","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=21011","title":{"rendered":"RNS: Pension Fight Raises Moral and Legal Concerns for ELCA, Publisher"},"content":{"rendered":"<p>As the Evangelical Lutheran Church in America (ELCA) fights to stay out of a legal battle over unpaid pension benefits, all sides agree on at least one point:<\/p>\n<p>More is at stake than the millions of dollars owed to some 500 pensioners of Augsburg Fortress, the ELCA\u2019s publishing arm.<\/p>\n<p>Last month, the ELCA asked a federal court to be dropped from a suit filed by stakeholders in Augsburg\u2019s recently dissolved pension plan. The ELCA contends it bears no responsibility under the 1974 Employee Retirement Income Security Act because Augsburg Fortress\u2019 pension program is a \u201cchurch plan.\u201d\u009d Church plans are exempted from ERISA requirements, which include sufficient funding to meet promised obligations.<\/p>\n<p>Some Lutherans, however, don\u2019t like what they\u2019re seeing.<\/p>\n<p><a href=\"http:\/\/www.ethicsdaily.com\/news.php?viewStory=16444\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the Evangelical Lutheran Church in America (ELCA) fights to stay out of a legal battle over unpaid pension benefits, all sides agree on at least one point: More is at stake than the millions of dollars owed to some<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=21011\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,42,92,589,149,363,154,662,593,108,596],"tags":[],"class_list":["post-21011","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-religion-news-commentary","category-books","category-corporationscorporate-life","category-economy","category-lutheran","category-other-churches","category-pensions","category-personal-finance","category-religion-culture","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/21011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21011"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/21011\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}