AME Church clergy could recover $44M more in retirement scandal settlement
(RNS) — A federal judge gave preliminary approval to a settlement that could restore tens of millions more in retirement funds to African Methodist Episcopal Church clergy and staffers who lost their money through the denomination’s allegedly mishandled plan. The development on Friday (April 17) comes after the same judge last August approved $60 million in partial settlements, not including interest, for the thousands of clergy and staff who learned in 2021 that much of their expected retirement money was missing. However, legal fees totaled a third of the settlement. The plaintiffs and Symetra Life Insurance Co., a defendant in the case, accepted a mediator’s proposal that would allow the affected retirement plan participants to recover an additional $44.4 million, if the judge approves it in a hearing set for Aug. 19 in the U.S. District Court for the Western District of Tennessee. According to court documents, the plaintiffs alleged that Symetra was a co-conspirator with the Rev. Jerome Harris, then the director of the AME Church’s Department of Retirement Services, in misappropriation of the …








