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flag Over 1,400 St. Cloud diocese employees and retirees demand action after learning their pension is 42% underfunded, with an $80 million shortfall projected over 25 years.

flag Over 1,400 current and former employees of the Diocese of St. flag Cloud are demanding action after learning their pension plan is 42% underfunded, with a projected $80 million shortfall over 25 years. flag The crisis, revealed in October 2025, stems from the diocese’s long-standing participation in the Christian Brothers Services retirement plan, which is now frozen and undergoing a transition to a new U.S. Bank account. flag Retirees, many of whom feel misled and financially vulnerable, are calling for transparency, representation on the pension committee, and a capital campaign to restore funds. flag Church pensions are not federally regulated, limiting legal recourse. flag Diocesan officials say they relied on Christian Brothers for updates and are now working with consultants and legal advisors to address the situation.

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