PRC testimony on pension funding relief to the Senate HELP Committee (October 29, 2009)
Karen Friedman testified before the Senate Health, Education, Labor, and Pensions Committee on “Pensions in Peril: Helping Workers Preserve Retirement Security Through a Recession.” In her testimony [PDF], Friedman asked Senators to ensure that workers’ and retirees’ interests are protected when considering pension funding relief legislation.
TIME Magazine says, “Time to Retire the 401(k)”
With the provocative title, “Time to Retire the 401(k),” the cover story of today’s issue of TIME is a must-read. The article provides a stinging indictment of the do-it-yourself savings plan that has come to dominate our patchwork retirement system. Author Stephen Gandel writes If you have even peeked at your account statements in the […]
Happy International Day of Older Persons!
Did you know today is the International Day of Older Persons? We don’t want today to go by without pointing out two shocking facts that were highlighted recently by the Organisation for Economic Co-Operation and Development (OECD) in Pensions at a Glance 2009: Retirement-Income Systems in OECD Countries. This report looks at current trends and […]
Testimony of Norman Stein to the House Ways and Means Committee on pension funding relief (October 1, 2009)
Senior Policy Advisor Norman Stein testified on behalf of the Pension Rights Center before the House Ways and Means Committee on providing pension funding relief to companies that continue their pension plans.