The truckers’ triumph: The incredible story of how a scrappy group of blue-collar retirees rescued their pensions
‘I had to get this fight done no matter what’: It took retired trucker Mike Walden nine years, but reinstated benefits recently started flowing to multiemployer pension participants across America.
How to Find an Old 401(k) Account
During the frenzy of leaving behind an old job and getting acclimated to a new position, rolling over your 401(k) plan isn’t always your first priority. Some people even lose track of a 401(k) plan at a former employer. Here’s what to do if you’re trying to find funds held in a previous employer’s 401(k) […]
PRC News, July 11, 2022
President Biden Celebrates the Butch Lewis Act on day PBGC issues final rule on law. President Joe Biden, surrounded by cheering workers and retirees, gave a heartfelt speech during a recent event in Cleveland that highlighted the importance of the Butch Lewis Emergency Pension Plan Relief Act (BLA). The President talked about the success of the […]
PBGC Issues Final Guidance on Butch Lewis Act
For Immediate Release The Pension Benefit Guaranty Corporation (PBGC) on July 8 released a long-awaited final rule implementing the Special Financial Assistance Program (SFA) under the Butch Lewis Emergency Penson Plan Relief Act (BLA). The BLA, passed in March 2021 as part of the American Rescue Plan Act, authorizes the U.S. Treasury Department to give […]