Letter to employees: Noble Hospital in Westfield freezes pension plan

This is the text of the letter sent to hospital employees.

WESTFIELD – Noble Hospital officials confirmed Monday that the hospital will no longer finance its employee pension plan and has referred the frozen benefit package to the federal Pension Benefit Guarantee Corp. to maintain workers’ benefits.

Chief Operating Officer Ronald P. Bryant said he assured employees Monday that their benefits will not suffer under the transfer and that “this has become common for small hospitals.

Here is a copy of the letter sent to employees:

Noble Hospital pension letter to employees