Retirees, workers, spouses and widows who have been fighting intensely for many years to protect their hard-earned multiemployer plan pensions have reason to celebrate. The bill that they’ve been backing to fix a looming pension crisis was voted out of the House Ways and Means Committee yesterday and is on a path to the full House for a floor vote.

The Pension Rights Center sent a letter to Chairman Neal and Ranking Member Brady on the Ways & Means Committee in the House of Representatives ahead of a markup of the Rehabilitation of Multiemployer Pensions Act, also known as the Butch Lews Act. PRC urged the Committee to support the bill and thanked them for adressing this important issue. More...

Remember the good old days, when workers retired with a gold watch and a pension? They’re long gone, of course.

America’s retirement accounts are growing, but not fast enough.

Vanguard has released its annual How America Saves 2019 report. It’s a snapshot of the state of retirement in America that focuses on defined benefit accounts, which are mostly in the form of 401(k)s.