AP worries about elderly nuns? Guess again.

AP (via ABC News): Catholics Face Crisis Over Retired Nuns

With tens of thousands of U.S. nuns over age 70, the Roman Catholic Church is facing a massive financial shortfall for the care of retirees in religious orders a gap that over the long term dwarfs costs from the clergy abuse crisis.

Couldn't pass up another chance to mention that, eh AP?

Though billions of dollars have been salted away, (WTF??? "Salted away"?What is this, a review of Silas Marner? - F. G.) there still remains an unfunded future liability of $8.7 billion for current nuns, priests and brothers in religious orders. The financial hole is projected by a consulting firm to exceed $20 billion by 2023.

A June survey by the church's National Religious Retirement Office, not yet released to the public, puts spending for retiree care at $926 million last year alone. That compares with a total of $499 million received over the last 18 years from annual special parish collections to aid retirees.

The retirement realities far overshadow the burden from well-publicized sexual abuse cases, which have cost the American church more than $1 billion since 1950, with tens of millions of dollars in pending claims.

Again!

In some ways, religious orders face the same problem as many governments: increasing numbers of older retirees need benefits, but there are fewer workers to support them. America's younger workers pay now for the Social Security benefits of seniors, while younger religious support their older generations by caring for them.

Sisters, who make up 82 percent of retirees, are especially vulnerable.
Between 1965 and 2005, their numbers plummeted from 179,954 to 68,634, according to the Center for Applied Research in the Apostolate at Georgetown University.

With far fewer younger novices being recruited, the majority of sisters are now more than 70 years old, the retirement office's new survey said. Even though sisters usually work until age 75, caring for the retired population is a huge task.

The problem is discussed in the new book Double Crossed: Uncovering the Catholic Church's Betrayal of American Nuns (Doubleday) by former New York Times religion editor Kenneth Briggs. The book's main theme is that church authorities vetoed sisters' hopes for dramatic changes that would provide more freedom and effective ministries in the aftermath of the Second Vatican Council.

At first I thought it was just me, but by now it should be obvious to everyone this is simply more anti-Catholic propaganda from the left-fascist press who see themselves as the vanguard of the rebellion against reality.

Here is the bottom line, kiddies:

Since 1988, Catholics have donated almost $500 million to the Fund.

More than 96 percent of donations has been distributed to religious institutes for retirement needs.

That does not even come close. In addition to the annual collection for retired religious in your parish, please consider giving more RIGHT NOW to help the men and women who have dedicated their lives to serving God and us.