MNA INTRODUCES THE “NURSES PENSION FUND,” A MULTIEMPLOYER DEFINED BENEFIT PENSION
Pension Plan is Key to Securing Our Future
The following Q&A was prepared to provide you with general information about defined benefit pension plans, along with specific information about the Nurses’ Pension Fund, a first of its kind multiemployer pension plan for nurses in Massachusetts, created by the MNA through an agreement with Steward Health Care, the new owner of hospitals formerly owned by Caritas Christi Health Care. Under this arrangement, thousands of nurses in Massachusetts, including nurses at St. Vincent Hospital, have the opportunity to negotiate with their employer to participate in this exciting new vehicle for building retirement security.
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