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AME Church retirees to receive tens of millions more in funds lost amid scandal 

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(RNS) — The African Methodist Episcopal Church’s retirement services department announced that clergy and staff who lost tens of millions through alleged retirement plan mismanagement can recoup part of a $44.4 million settlement, after receiving preliminary approval earlier this year. The latest settlement brings the total amount recovered to $106.2 million in the ongoing case.

The development comes after, in August, a federal judge approved a settlement between a class of retirement plan participants and Symetra Life Insurance Co, a defendant in the case.

In an announcement emailed on Monday (Oct. 19), the Rev. Brian K.…

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