Judge OKs settlement, St. Joseph pension plan members to get $11.2M

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A FEDERAL JUDGE approved a settlement that will see over $11 million granted to the members of the St. Joseph Health Services of Rhode Island Retirement Plan. Attorney Stephen Del Sesto is the court-appointed receiver and administrator of the plan. / PBN FILE PHOTO/MICHAEL SALERNO
A FEDERAL JUDGE approved a settlement that will see over $11 million granted to the members of the St. Joseph Health Services of Rhode Island Retirement Plan. Attorney Stephen Del Sesto is the court-appointed receiver and administrator of the plan. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – A federal judge has approved a settlement agreement between the pensioners of the St. Joseph Health Services of Rhode Island Retirement Plan and defendants St. Joseph Health Services of Rhode Island, Roger Williams Hospital and CharterCARE Community Board, according to court records. The settlement will see the defendants transferring a lump sum of…

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