Author: dcadmin
8 steps to seek retirement funding peace of mind
It’s always a good time to talk about retirement planning because many Americans near or at retirement are worried they’ll outlive their money. It’s a legitimate concern.
Upstate Teamsters Face 30% Pension Cut
Retired after 18 years as a trucker, Morristown’s Bill Mead faces an unpleasant fact. “The Teamsters fund is going belly up, for lack of a better word,” he said. The upstate teamsters fund is asking the Treasury Department to okay a 31 percent cut in the monthly check for retirees.
What Happens When There’s a Mistake in Your 401(k)
Are you keeping a close eye on your 401(k) and other retirement plans? You should, because employers and plan managers make mistakes—and that can lead to big headaches and out-of-pocket costs for you.
Pension Rights Center celebrates 40 years, pension ‘superheroes’
The Pension Rights Center in Washington celebrated its 40th anniversary and named several pension “superheroes” at an award ceremony Thursday.
Plan would hang onto retirement funds for employees who can’t be found
When it comes to saving for retirement, every penny counts. Even lost pennies. The Pension Benefit Guaranty Corp. has a plan to help thousands of retirement savers find those lost pennies.
A superhero night to remember
If you’ve attended any of our past celebrations, you know that we at the Pension Rights Center know how to throw a party! And that’s just what we did to celebrate our 40th anniversary. On Thursday, October 6, the Pension Rights Center held an anniversary reception, and, in keeping with tradition, we honored a number […]
Pension Rights Center comments to Treasury Department on Iron Workers Local 17 Pension Plan’s application to cut retiree benefits (October 14, 2016)
The Pension Rights Center submitted comments to the Treasury Department regarding the Iron Workers Local 17 Pension Plan’s application to cut retiree benefits under the Multiemployer Pension Reform Act of 2014. In its comments, the Center urges Treasury to reject the Iron Workers Local 17 application because: The application does not demonstrate that the proposed […]
Retirement and Divorce
Event description: The Pension Rights Center provided a legal training for staff of the DC Volunteer Lawyers Program on issues they may face when working with clients who are entitled to a retirement plan benefit and ensuring their rights are represented in divorce proceedings.
Pension Rights Center 40th Anniversary
Event description: The Pension Rights Center celebrated 40 years of protecting earned retirement benefits for workers, retirees and their families at a reception. 40th Anniversary Gala Event: A Celebration of Superheroes On Thursday, October 6, 2016, the Pension Rights Center celebrated its 40th anniversary at a gala reception. The reception honored individuals who have made […]
Mandatory Retirement Savings Program Coming to a State Near You?
Washington state has created a Small Business Retirement Savings Marketplace where small businesses can go to get affordable retirement plans to offer their employees.
PBGC Proposes Lost & Found For 401(k) Money
Lost track of your old 401(k)? In keeping up with the times, the Pension Benefit Guarantee Corporation has issued proposed rules on a depository to hold orphaned retirement accounts for workers whose former employers terminate their 401(k) plans.
Joint Statement Opposing Consideration of “Composite” Pension Legislation
The International Association of Machinists and Aerospace Workers, the International Brotherhood of Boilermakers, the International Brotherhood of Teamsters, the National Retirees Legislative Network, the Pension Rights Center, and the United Steelworkers strongly oppose legislation recently released by the House Education & Workforce Committee that would create “composite” multiemployer pension plans. Our organizations strongly support defined […]
