Advertisement

Religion Briefs : Grant Provides Office for Pension Planning

Compiled from wire service reports

Lilly Endowment Inc. of Indianapolis has provided a $400,000 grant to establish a service office to help religious orders plan for retirements of members.

The office will come under a Roman Catholic retirement project, directed by Sister Mary Oliver Hudson and set up after studies showed many orders, particularly those of women, lacked pension funds to sustain retired oldsters.

Advertisement
Advertisement