Jump to Navigation
Jump to Content

News Releases

Save Our Retirement Coalition response to letter sent to Secretary Perez on the fiduciary rule


The Pension Rights Center, as part of the Save Our Retirement Coalition, issued a statement in reaction to a letter sent to Labor Secretary Tom Perez by several members of Congress regarding the Department's proposed fiduciary rule.


Countdown to Cuts: Retirees Call on Policymakers to Stop the Clock on Cuts to Their Pensions


WASHINGTON – Hundreds of retired truck drivers and their spouses came to Washington, D.C., today to tell policymakers how proposed cuts to their pensions  More...

Labor Leader Robert Roach, Jr. Joins Pension Rights Center Board of Directors


WASHINGTON – The Pension Rights Center is pleased to announce that Robert Roach, Jr., former General Secretary-Treasurer of the International Association of Machinists and Aerospace Workers (IAM) has joined the Center’s board of directors.


Pension Rights Center Applauds Treasury Department/IRS for Protecting Retirees by Banning Lump-Sum Buyout Offers


WASHINGTON – In a welcome move by the Department of the Treasury and the IRS, the agencies released last week a notice to amend Treasury regulations to stop companies from offering lump-sum buyouts to retirees who are already receiving a monthly pension.


Sen. Bernie Sanders and Rep. Marcy Kaptur Act to Stop Devastating Cuts to Retirees' Pensions


WASHINGTON – The Pension Rights Center strongly praised Senator Bernie Sanders (I-Vt.) and Representative Marcy Kaptur (D-Ohio) for introducing legislation today that would repeal the pension cutback provisions of the Multiemployer Pension Reform Act of 2014 (MPR


Supreme Court Decision in Tibble a Victory for 401(k) Participants


WASHINGTON – On May 18, the U.S. Supreme Court ruled in favor of employees in Tibble v. Edison International, a class-action lawsuit filed by participants in the power company’s 401(k) plan.


Major Groups Applaud Public Release of Dept. of Labor’s Proposal to Protect Americans’ Retirement Savings


Members of the SaveOurRetirement.org coalition and a diverse collection of public interest groups, civil rights leaders, labor unions, professional organizations and others today commended the public release of the Department of Labor’s (DOL) proposed rule to p


Nation's Retirement Income Deficit Now $7.7 Trillion


Washington – Five years after it was first announced, the nation’s Retirement Income Deficit (RID) has risen from $6.6 trillion to $7.7 trillion.


Pension Rights Center Applauds Labor Department’s Release of Proposed Rule on Conflicted Investment Advice to OMB


Washington – In a long-awaited move towards protecting millions of workers and retirees by stopping conflicted financial advice in retirement savings plans, the U.S. Department of Labor (DOL) today sent a proposed fiduciary regulation to the Office of Management and Budget (OMB), which now has up to 90 days to review the rule.