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The Pension Rights Center is mentioned in articles where you see the PRC icon.

Construction Company Workers Get Support in Stock Plan Appeal

03/31/2020 | Bloomberg Law

The Pension Rights Center waded into a dispute involving Choate Construction Co.'s employee stock ownership plan, urging the Fourth Circuit to revive the employees’ lawsuit and recognize the “special risks” these plans pose for workers.

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Coronavirus May Disproportionately Hurt the Poor—And That's Bad for Everyone

03/11/2020 | TIME

As COVID-19 continues to spread across the United States—infecting at least 1,000 people in more than 35 states, as of Wednesday afternoon, experts are recommending that people avoid large crowds, stockpile shelf-stable foods in case they end up quarantined, and stay home from work and contact a doctor if they are ill. More...

Court ruling on Intel’s DC plan sparks trepidation

03/09/2020 | Pension and Investments

The recent Supreme Court decision on Intel Corp. giving defined contribution plan participants more time to file ERISA claims unless they have "actual knowledge" of the plan sponsor's investment decisions and actions is prompting questions about litigation risk, options for sponsors to protect against it, and even whether alternative investments should be an option.

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Latest News Releases (View all)

Pension Rights Center Comments Urge Treasury Department to Flunk Musician’s Fund Application to Cut Retirees’ Pensions

03/02/2020

The Pension Rights Center (PRC) filed comments today on behalf of a group of retired musicians who will “forever lose 40 percent of their hard-earned pensions” if the U.S.

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Consumer advocacy group asks Labor Department to withdraw proposal that would curtail employees’ receipt of important retirement plan information

11/20/2019

November 20— The Pension Rights Center, a nonprofit consumer advocacy organization, charges that a new proposed Labor Department regulation would undermine the rights of workers and retirees to receive critical retirement information.

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House Passes Bipartisan Bill to Avert National Retirement Crisis

07/25/2019

While former Special Counsel Robert Mueller testified before Congress, the big news on Capitol Hill yesterday arguably was the boost the House of Representatives gave to hundreds of thousands of working-class American workers and retirees who have lost or will lose a major portion of their promised retirement income.

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Speeches, Statements, and Letters (View all)

Comments to the US Treasury Department on the American Federation of Musicians & Employers Pension Fund's application to cut retiree benefits (March 2, 2020)

03/02/2020

The Pension Rights Center submitted comments to the U.S. Treasury Department on the American Federation of Musicians & Employers Pension Fund's application to cut retiree benefits under the Multiemployer Pension Reform Act of 2016.

Read the comments.

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Comments to the Department of Labor on proposed rule for default electronic disclosure (November 22, 2019)

11/22/2019

The Pension Rights Center submitted comments to the Department of Labor on proposed rule RIN 1210-AB90: Default Electronic Disclosure by Employee Pension Benefit Plans under ERISA. Read the full comments here. 

 

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Statement of the Pension Rights Center on permissive transfers of uncashed checks from ERISA plans to state unclaimed property funds before the ERISA Advisory Council (August 28, 2019)

08/28/2019

PRC Policy Analyst Jane Smith testified before the ERISA Advisory Council on permissive transfers of uncashed checks from ERISA plans to state unclaimed property funds.

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