Traverse City Record-Eagle

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tcr BS Church pensions19

Armantina Pelaez, a former crisis counselor at St. Mary's Hospital, in Paterson, N.J., sits in Paterson's Saint Paul's Episcopal Church. At St. Mary's, in nearby Passaic, 13 miles west of New York City, about 500 workers and retirees have been pushing executives and state officials to make pension funding part of a pending sale. The latest terms announced appear to show that little more than half the shortfall would be covered.