Singing River pledged to publish all pension plan audits and make them available on their retirement webpage. The page notes that the audits for FY 2013 & 2014 are being finalized and will be posted upon completion.
Recent court filings revealed that SRHS received the audit in March 2015. Five months have passed and the audit has yet to be published.
Further, Singing River has submitted to the court evidence of the plan’s stability under seal. Why something as simple as a statement of assets should be accepted under seal is a curiosity. These are numbers that should generally be provided to plan members at regular intervals.
Could it be that the pension plan and Singing River itself are not in such peril as they claim?