Pension Funds Archives - MinistryWatch
AME Church Alleges Former Retirement Services Exec Embezzled Tens of Millions
May 27, 2022
The African Methodist Episcopal Church has sued a former executive who oversaw its pension plan’s investment portfolio, charging that he and others embezzled money and defrauded its clergy and church ministers who were relying on ...
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More than $90 million Missing from AME Pension Funds, Claim Class-Action Lawsuits
April 7, 2022
Retired African Methodist Episcopal Church pastors have filed at least three federal class-action lawsuits alleging the church mishandled tens of millions of dollars in pension funds.
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Report: AME Church Suspends Payments to Retirees, Investigates Missing Pension Funds
March 11, 2022
One of the nation’s largest Black Protestant denominations has stopped making payments to retired ministers on its pension plan, according to a report from The Wall Street Journal.
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