Re­tired hos­pi­tal work­ers protest pen­sion cuts

Woonsocket Call - - Obituaries/Region -

PROVIDENCE (AP) — Re­tired hos­pi­tal work­ers in Rhode Is­land are protest­ing an ef­fort to cut their pen­sions by as much as 40 per­cent and crit­i­ciz­ing the re­sponse of the Ro­man Catholic dio­cese that es­tab­lished their failed pen­sion plan.

About 100 peo­ple marched Wed­nes­day in Providence to de­cry the po­ten­tial cuts to pen­sions for for­mer work­ers of St. Joseph's and Our Lady of Fatima hos­pi­tals. Some car­ried signs with images of Bishop Thomas Tobin and mes­sages such as “Where's our moral leader?”

The dio­cese says its fi­nan­cial re­spon­si­bil­ity to the fund ended be­fore the cur­rent prob­lems. Pen­sion man­agers say the fund does not have enough money to pay promised ben­e­fits. The plan was found to be in­sol­vent in Au­gust.

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