Blogs & Newsletters

A helpful guide for people awarded retirement benefits at divorce

By Emily Gilbert There is now a helpful new guide for individuals who are going through a divorce and have questions about dividing retirement benefits. The guide – created by the Pension Rights Center, the National Council of Juvenile and Family Court Judges’ Resource Center on Domestic Violence: Child Protection and Custody, and the National […]

PRC In the News
06/16/20|Pensions & Investments

Pension plan fiduciaries get relief from Supreme Court

Defined benefit plan sponsors worried about fiduciary breach lawsuits welcomed a June 1 Supreme Court decision that significantly raises the threshold for when participants have standing to sue, while participant advocates fretted over what they see as a loss of long-standing protections.

PRC In the News
06/15/20|NBC News

As insurance companies take over pension plans, are your payments at risk?

How safe is your pension? As COVID-19 shutdowns hobble the U.S. economy, the question has taken on more urgency.

PRC In the News
06/08/20|USA Today

Are public pensions doomed because of the coronavirus pandemic? State, local budgets feel pain

Corey Shelton, an eighth grade science teacher in Jackson, Michigan, has earned a pension after more than 20 years on the job, but now he’s concerned that the economic devastation from the coronavirus pandemic will threaten the monthly checks he’s been counting on to fund his retirement.

PRC In the News
06/08/20|Wall Street Journal

Where to Check Up on the Health of Your Pension Plan

I will be eligible for a pension when I retire, but the markets and the Covid-19 outbreak have me worried about the health of my retirement plan. How can I figure out where my pension stands? A lot of help is available. But rules governing how employees are kept informed about their plans are changing, […]

PRC In the News

Pandemic Puts More Stress On Struggling Pension System

The coronavirus outbreak has presented daunting challenges for an already-struggling multiemployer pension plan system.

Press Release

Supreme Court strips workers of their right to sue for pension plan mismanagement

In a 5-4 decision issued on Monday, the U.S. Supreme Court ruled that pension plan participants have no right to sue the people running their plans for fund mismanagement. The Court’s majority opinion in Thole v. U.S. Bank holds that since most people participating in a traditional pension plan will receive their promised benefits regardless […]

Blogs & Newsletters

PRC News, June 3, 2020

Both our policy and legal teams have been super busy during the COVID-19 emergency. Our legal program has been hard at work answering your questions and helping people get the benefits they have earned. Our policy team has been working to ensure that new legislative and regulatory proposals protect rather than undercut your rights. Here’s […]