Month: March 2021
Letter to the Employee Benefits Security Administration about the Department of Labor’s Notice and Access Rule
PRC signed on to a letter, with several other organizations, sent to the Employee Benefits Security Administration (EBSA) to urge the Department of Labor (DOL) to undertake a rulemaking to address the severe shortcomings in the Department’s recently adopted “Notice-and-Access” rule and to ensure adequate protections for workers and retirees regarding retirement plan disclosures.
The COVID relief bill could help put an end to another dire crisis
After years of failed attempts to bolster struggling multi-employer pension funds, help finally may be coming through via the Democrats’ $1.9 trillion Covid relief bill.
$81.2B Rescue For Union Pensions Greenlit For COVID-19 Bill
A Senate official has confirmed that Congress can include a fix for the $81.2 billion union pension funding crisis in its coronavirus relief bill, which is moving through Congress via a special fast-tracked process reserved for budget-related legislation.
