$44.4 Million Symetra Agrees to Pay Over AME Church Pension Losses, Who Gets the Money?
About 4,500 African Methodist Episcopal Church pastors and employees lost much of their retirement savings after a decades-long embezzlement scheme drained their pension plan. Symetra Life Insurance Co. agreed on April 10, 2026 to pay $44.4 million to resolve its role in the scandal. The deal pushes total recovery in this case above $100 million….
