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There may be lost money you need to find when retirement arrives

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Latest News

Cuts in Multiemployer Pension Plans Hurt Older Americans

For 30 years, Mary Fry's husband, Virgil, worked in construction. The pension he earned — $3,568 per month — was guaranteed to continue for Mary if he died first. More...

Butch Lewis Act on path to House floor vote as bill approved by Ways and Means Committee

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.

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Three Cheers for Congressional Committee’s Vote That Paves Way for Bill Stabilizing Financially Struggling Pension Plans

The House Ways and Means Committee took a significant step today toward resolving a pending national retirement crisis affecting millions of workers and retirees. It did this by voting in favor of a bill that would provide a lifeline to financially teetering pension plans in the form of government backed loans.

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PRC Letter to the Ways & Means Committee in support of the Rehabilitation of Multiemployer Pensions Act (July 9, 2019)

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...

Elliot freezing pension plan for 600+ workers

Elliot Health System is freezing the pensions of more than 600 employees at year’s end in a move that will save several million dollars a year.

“It’s not like we’re taking a pension benefit away and opening up an ice cream stand,” health system President Greg Baxter said in an interview.

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Opinion: Want a pension in retirement? Here’s how to create one

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

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Butch Lewis Act approved in the House Education & Labor Committee

On Tuesday, Karen Friedman, Katie Jonckheer (our new summer intern), and I were on Capitol Hill for a markup in the Education & Labor Committe More...

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

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.

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New tactics being deployed in challenging church plans

Participants in pension plans exempt from federal regulation due to their church plan status are forging ahead with legal and legislative challenges and some new tactics, despite a 2017 Supreme Court decision that did not go their way.

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Learn How to Invest Wisely for (and in) Retirement

The Pension Rights Center’s legal program responds to hundreds of inquiries from individuals who need an attorney’s help understanding or obtaining an earned retirement benefit.  In fact, in 2018 we received almost two thousand help requests from individuals online or over the phone.  And our public education materials provide helpful information to many more individuals who More...

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