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Erlanger pension fund declared healthy, ready for lump sum payments

Staff File Photo by Matt Hamilton / Erlanger hospital is pictured April 15, 2025. The Chattanooga-Hamilton County Hospital Authority, which owned the Erlanger health system until June 2023, has announced it is preparing to make lump sum pension payments. Staff File Photo by Matt Hamilton / Erlanger hospital is pictured April 15, 2025. The Chattanooga-Hamilton County Hospital Authority, which owned the Erlanger health system until June 2023, has announced it is preparing to make lump sum pension payments.

By Leah Hunter April 22, 2025 6 min read

Lump sum pension payouts have returned to Erlanger hospital, officials announced Tuesday — almost five years after the option was suspended in September 2020.

The board of the Chattanooga-Hamilton County Hospital Authority has decided to begin winding down its legacy pension retirement plan and trust, according to a news release from the authority. It will officially cease operations as of Dec. 31, 2025.

The plan will be fully funded, and all participants will receive 100% of the benefits they have earned, according to a news release. Participants have been notified of the change.

LUMP SUM