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Pope warns the Vatican pension fund needs urgent reform as employees demand transparency

By AP NEWS   |   1 year ago
Pope warns the Vatican pension fund needs urgent reform as employees demand transparency

Pope Francis is urging urgent reform of the Vatican's troubled pension fund, citing a serious imbalance that threatens future obligations. The Vatican's financial challenges, exacerbated by COVID-19, have led to cost-cutting measures, causing concern among employees about potential impacts on their compensation.

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