Pension Rights Center: News | PRC in the News

2007 Articles

Click the red text to read the article. Some news web sites require free registration to read the entire article, and some links may expire within several days after the article's publication date.

New rules proposed for 401(k)s

Marketplace – December 13, 2007
About 50 million of us contribute to 401(k)s. But returns can vary widely, in part because of the fees we pay to plan administrators. Today the Labor Department proposed some new rules.

Ideas for 401(k) Have-Nots

Washington Post – December 2, 2007
There are ideas percolating that would make it easier for those who don't have access to retirement savings plans to put aside money. The Conversation on Coverage, a PRC initiative, is mentioned.

Can you sue if your 401(k) nest egg is mishandled?

Christian Science Monitor – November 26, 2007
The US Supreme Court on Monday hears a case that will determine if individuals have redress under federal law if their savings plan is mismanaged.

Retirement-Fund Case at Top U.S. Court May Bolster Right to Sue

Bloomberg News – November 26, 2007
James LaRue says he tried to change the investments in his employer-offered 401(k) retirement plan in time to avoid the brunt of the 2001-02 stock market plunge. The problem, LaRue claims in a lawsuit the U.S. Supreme Court will consider today, is that his employer didn't do as he asked, costing him almost $100,000.

Retirement Plan Proposals Abound

Workforce Management – September 2007
During the past few months, a number of coalitions have come up with their own proposals for new and improved defined-benefit and defined-contribution plans.

New Retirement Plan Proposals Emerge from Conversation on Coverage (PDF)

Employee Benefit Plan Review – August 2007
The Conversation on Coverage, representing a new approach to forging consensus on retirement policy, has released four proposals for new types of retirement plans designed to increase coverage among the half of all private-sector workers who are not covered by a retirement plan in the workplace.

Nieces aren't eligible for Social Security benefit

Houston Chronicle – July 25, 2007
Personal finance columnist answers a reader's question about passing on his Social Security and pension benefits to his nieces.

Rank and file owed corner office perks

Investment News – July 16, 2007
Any company that offers non-qualified deferred-compensation plans would have to provide defined benefit pensions to all employees under legislation introduced late last month by Sen. Tom Harkin, D-Iowa.

Benefit plan idea may hurt — or help — DB cause

Pensions & Investments – July 9, 2007
The ERISA Industry Committee proposal for a new national retirement and health program that operates independently of employers could reduce the number of defined benefit plans, some pension industry stakeholders fear. But others in the industry say the proposal could breathe new life into the U.S. benefits system — particularly into DB plans.

Big Ideas for Small Business Retirement Plans

Washington Post – July 1, 2007
One group that's been thinking about ways to help ensure a financially secure retirement for a larger number of people is the Conversation on Coverage, a Pension Rights Center initiative launched in 2001

Group works to redefine retirement dictionary

Employee Benefit News – July 1, 2007
A cohort of retirement analysts have designed a national public policy initiative called “Conversation on Coverage,” which outlines ways to help low- and moderate-income workers save for retirement.

Looking for information on your retirement plan

Providence Journal – June 10, 2007
If you believe you’re entitled to receive a benefit from a pension or other retirement-savings plan, but can’t find the person or organization responsible, here are some resources.

Group's Report Continues 'Conversation' on Retirement Savings

Human Resource Executive Online – May 29, 2007
A group studying retirement savings in the United States, the Conversation on Coverage, released on May 11 a series of recommendations, including the creation of a new "hybrid" plan and a simplified defined-benefit pension plan.

Pension system proposal is worth a look

Investment News – May 21, 2007
The Pension Rights Center, a Washington consumer organization that follows retirement plan rights, recently unveiled a series of proposals designed to help overcome the retirement savings shortfall.

Conversation on Coverage Issues Recommendations

PlanSponsor – May 11, 2007
With less than half the nation’s working adults covered by a workplace retirement program, a group of industry experts has put their heads together to focus on solutions.

Diverse Pension Experts Outline Plan to Increase Coverage

Workforce Management – May 11, 2007
The goal of the initiative, dubbed the Conversation on Coverage, is to increase the number of people participating in retirement savings programs.

Group floats plan to boost retirement savings

Insurance News – May 11, 2007
The “Conversation on Coverage” group, sponsored by the Pension Rights Center in Washington, released a report that focuses on three areas: guaranteed pensions, retirement savings, and expanding small-business pension coverage.

How to Get American Workers to Save More

Wall Street Journal via MarketWatch.com – May 11, 2007
An unlikely coalition of employer, retiree and business groups is expected to unveil proposals today intended to fix problems in the private-sector U.S. retirement system, the latest in a number of such plans vying for lawmakers' attention.

Pension News