PRC In the News

5 ways to revive pensions in the private sector

Can anything be done to bring back the Great American Pension in Corporate America, where it’s an endangered species?

PRC In the News
03/08/11|Investment News

Sen. Harkin: New retirement scheme hinges on advisers

A congressional leader sees a key role for investment advisers in his vision for reform of the retirement system.

PRC In the News
03/08/11|U.S. News & World Report

Retirement Security: A Thing of the Past?

While pensions seem less affordable than ever, they remain the overwhelming retirement choice of consumers. According to new research, the Great Recession exposed such fundamental flaws in America’s retirement support system that consumers overwhelmingly think the current system is broken beyond repair.

Comments & Letters

Joint letter to Oklahoma State Senate protesting legislation on military pensions (03/07/2011)

The Pension Rights Center and six other organizations sent a letter to the Oklahoma State Senate protesting a bill that would significantly cut spousal protections for former military spouses. The bill would have eliminated retirement benefits for former military spouses who remarry or cohabitate. While the bill passed the Oklahoma State Senate, it failed to secure […]

PRC In the News
03/07/11|Huffington Post

An Overblown ‘Crisis’ For State Pension Funds

In early 2010, Goldman Sachs announced two blockbuster numbers: profits of $13.4 billion for the prior year and compensation of $16.2 billion — the equivalent of about $500,000 for each employee at the Wall Street titan.

PRC In the News
03/06/11|Washington Post

Let the 401(k) investor beware

A new report from the Government Accountability Office warns employees to watch out for biased investment guidance from the financial companies paid to set up and run their 401(k) plans.

PRC In the News
03/06/11|MetroWest Daily News

Not your father’s retirement

My father never dreamed he’d live to be this old. His parents died in their seventies. But here he is, 98 years old and still playing golf.

PRC In the News

Why employee pensions aren’t bankrupting states

From state legislatures to Congress to tea party rallies, a vocal backlash is rising against what are perceived as too-generous retirement benefits for state and local government workers. However, that widespread perception doesn’t match reality.

PRC In the News
03/06/11|Baltimore Sun

The 401(k) turns 30

American workers have had a love-hate relationship with the 401(k).

PRC In the News
03/05/11|National Journal

Golden Years?

The problem isn’t that public-sector workers have too much retirement security. It’s that everyone else has too little.

PRC In the News

What to do if your pension freezes over

Things have changed since Grandpa retired with his gold watch. The old-fashioned pension plan he was awarded for years of loyalty to his employer is going the way of the IBM Selectric typewriter.

PRC In the News

Pensions or 401(k)s: Which is better?

Are you one of the few that still have a pension? Lucky you! More and more companies are ending pensions are opting for 401(k)-style plans and that isn’t the greatest news for many.