Printer Friendly

St. Vincent's $35.4-million pension plan.

St. Vincent's $35.4 -million Pension Plan

Company: ST. VINCENT INFIRMARY MEDICAL CENTER City: Little Rock Contact: Eldon Dingler Funds: Pension Plan

As of January 1990 there were 2,517 participants in St. Vincent Infirmary Medical Center's defined benefits pension plan. Of those, 277 were drawing benefits and 444 had either retired or left the employment of the hospital.

The plan had assets of $31.9 million and 2,406 participants as of June 1989. The plan became effective in 1964 and currently has assets of $35.4 million.

"The more funding, the better you are," says Eldon Dingler, a member of the retirement committee. And according to Dingler, St. Vincent Infirmary's plan is over funded by government standards. The actuary for the fund is Hewitt Associates.

PHOTO : MORE THAN ENOUGH: St. Vincent Infirmary's $35.4 Million in assets exceeds government requirements for pension funds.
COPYRIGHT 1991 Journal Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:St. Vincent Infirmary Medical Center
Publication:Arkansas Business
Date:Apr 29, 1991
Previous Article:Alltel's $235 million pension plan tops the list.
Next Article:$7.7 million-pension fund has 23 participants.

Related Articles
The health report.
Hospitals make the move toward alliances in '94.
St. Vincent repositions itself.
Diana Hueter.
Select Specialty may move from Doctors building.
Stuttgart Regional increases profits.
Falling income likely to continue at state's hospitals.
Hospitals Bailed Out QCA Amid Their Own Losses.
MHRC nabs St. Vincent. (Outtakes).
Stephens gives $2.5 M to St. Vincent Heart Center.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters