Wistow: St. Joseph’s pension settlements could make $85M plan whole

Updated at 5:47 p.m.

STEPHEN DEL SESTO testifies before R.I. Superior Court in 2017. He was appointed to usher the St. Joseph Health Services pension plan through receivership. Max Wistow, who was appointed special counsel, sits to his right. / PBN FILE PHOTO/ELI SHERMAN
STEPHEN DEL SESTO testifies before R.I. Superior Court in 2017. He was appointed to usher the St. Joseph Health Services pension plan through receivership. Max Wistow, who was appointed special counsel, sits to his right. / PBN FILE PHOTO/ELI SHERMAN
PROVIDENCE — R.I. Superior Court Judge Brian Stern on Nov. 21 approved an $11 million settlement between the former St. Joseph’s Hospital, the former Roger Williams Hospital and the CharterCARE Community Board, and the collapsed $85 million St. Joseph Health Services pension plan’s receivership. The agreement includes a 15 percent ownership stake in Prospect CharterCARE’s…

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