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Pope warns Vatican pension fund needs reform
Pope says Vatican's pension fund faces 'serious imbalance'
Pope Francis said on Thursday the Vatican's pension fund is facing a "serious imbalance" that may require changes to its operating structure, and appointed a senior cardinal to take over the fund's administration.
Pope appoints U.S. cardinal to manage Vatican’s troubled pension fund
Pope Francis has appointed Cardinal Kevin J. Farrell, prefect of the Dicastery for Laity, the Family and Life, as the sole administrator for the Vatican's pension fund, which is currently unable to guarantee future obligations in the medium term.
Pope warns the Vatican pension fund needs urgent reform as employees demand transparency
Pope Francis is warning that the Vatican's troubled pension fund faces a “serious imbalance” and cannot guarantee future obligations without “urgent structural” reforms.
Pope Francis says Vatican's pension fund faces 'serious imbalance'
Pope Francis said on Thursday the Vatican's pension fund is facing a "serious imbalance" that may require changes to its operating structure, and appointed a senior cardinal to take over the fund's administration.
Pope warns the Vatican pension fund needs reform; employees demand transparency
Pope Francis is warning that the Vatican's troubled pension fund faces a “serious imbalance” and cannot guarantee future obligations without “urgent structural” reforms
National Catholic Reporter
1h
Pope warns Vatican pension fund needs urgent reform as employees demand transparency
Already, Francis has cut cardinals' salaries by 10%, suspended some seniority bonuses, trimmed special stipends for
Rome
-based cardinals and begun ... the Holy See bureaucracy and the rest for the ...
The Times of Israel
8h
2025 Vatican Jubilee – Leonardo Hotels are making a mark in Rome
Israelis just love visiting Rome by the numbers and they are seen everywhere. “Most Israelis have visited Rome before and ...
1d
on MSN
Can the sporty be Godly? Why the Vatican is in the race to become a global sporting presence
For the sole representative of the Vatican City in the 200-strong field, simply being at the race in Switzerland was enough. ...
America Magazine
2d
Local group protests cutting down 200-year-old tree for Vatican’s Christmas
A local Italian group launched an online petition urging Pope Francis, the Vatican and others to stop the “fir tree-icide” of ...
Yahoo
3d
Former Vatican official urges Church to adopt 'zero tolerance' for abusers
VATICAN
CITY
(Reuters) - A former top
Vatican
official who dealt with ... was part of a press conference in
Rome
with ...
Catholic News Agency
10h
Vatican Christmas tree wreathed in controversy over environmental objections
Smaller trees from the same area and decorated by the citizens of Ledro, and other towns in Italy, Germany, and the Czech ...
Globe Gazers on MSN
1d
Is Rome Worth Visiting? Things to Do and Reasons to Visit
Is Rome worth visiting? You might have heard that Rome is a tourist trap. That it’s loud, chaotic, dirty. You might now ...
RNS on MSN
8d
The Vatican’s partnership with Microsoft: Showcasing St. Peter’s Basilica through AI technology
VATICAN CITY (RNS) — Visitors to Rome will have the opportunity to experience St. Peter’s Basilica in a new way as part of an ...
1d
on MSN
Pope Francis, avoiding pomp, asks to be buried in simple wooden casket outside Vatican
He is foregoing a centuries-old practice of burying popes in three interlocking caskets made of cypress, lead and oak. Read ...
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