PRC In the News
04/20/16|Quad City Times

Editorial: Up or down, Congress owes Central States pensioners a vote

Give them a vote. Congress owes that much to the 400,000 retirees set to have their Central States Pension Fund benefits slashed next month.

PRC In the News
04/20/16|Cincinnati Enquirer

Teamsters protest broken pension promises at U.S. Capitol

Prepared to rally against what could be the biggest cut to the largest multi-employer pension fund in U.S. history, retired Teamsters exited bus after bus that pulled up to Capitol Hill’s Western Lawn on a warm Thursday morning. They came from as far as Florida, Texas and Wisconsin. Many paid out of pocket for the […]

PRC In the News
04/20/16|Quad City Times

Q-C Teamsters join D.C. rally against pension cuts

More than a dozen Quad-Citians joined thousands of fellow retired Teamsters on Thursday at a rally in Washington, D.C., opposing proposed cuts to their pensions. The Treasury Department has until to decide May 7 whether to approve a plan by the Central States Pension Fund that would cut pension payments, in some cases by 50 […]

PRC In the News
04/20/16|McClatchyDC

Teamsters rally in Washington to protest possible pension cuts

Holloway-Blankenship was one of hundreds of Teamsters who rallied in front the U.S. Capitol Thursday to protest what they fear could be a decrease in their benefits if the Treasury Department approves a cut by the Teamsters’ Central State Pension Fund, under the 2014 Multiemployer Pension Reform Act.

PRC In the News
04/20/16|Forbes

Got Questions About Your Pension? Try These Helplines.

There’s also free legal assistance on pension, profit sharing or retirement savings plans from the U.S. Administration on Aging’s Pension Counseling and Information Program that serves 30 states. The Pension Rights Center has a list of those service center contact numbers here, and also has lawyers and actuaries on call at PensionHelp America.

PRC In the News
04/20/16|Akron Beacon Journal

Akron-area Teamsters headed to Washington to protest pension cuts

Thousands of retired Teamsters — including two busloads from the Akron area — will pressure federal lawmakers Thursday at a rally in Washington, D.C., to ward off deep pension cuts expected to start this summer.

PRC In the News
04/20/16|Quad City Times

Rally to focus on plight of pensioners

Denise Wheatley spent 32 years working as a clerk at Standard Forwarding, a trucking company in East Moline. Now retired, she’s counting on the $2,850 monthly pension she earned on the job. In a few months, though, that could be cut in half.

PRC In the News
04/20/16|Washington Post

One of the nation’s largest pension funds could soon cut benefits for retirees

More than a quarter of a million truckers, retirees and their families could soon see their pension benefits severely cut — even though their pension fund is still years away from running out of money.

Blogs & Newsletters
04/19/16

Retirees to Congress and Treasury Department: Don’t cut our pensions!

Last Thursday, more than 2,000 retirees from around the country visited Washington, D.C., to tell Congress and policymakers one thing: Don’t cut our pensions. These retired truck drivers, warehouse workers, dock workers, widows, spouses and other retired Teamsters attended a rally held at the U.S. Capitol to protest devastating pension cuts that could affect more […]

Speeches & Statements
04/15/16

Karen Friedman’s speech to the Protect Our Pensions Rally (April 14, 2016)

I’m so glad to be here with thousands of you at the Protect Our Pensions Rally! First, I want to especially thank Mike Walden and Bob Amsden and all the leaders of the pension committees throughout the country who made this event happen. You are doing a GREAT job. I’m also honored to share the […]

Press Release
04/13/16

MEDIA ADVISORY: Retired truck drivers, spouses and widows to rally at U.S. Capitol to protest proposed pension cuts

WASHINGTON – Tomorrow, on Thursday, April 14th from 11:00 a.m. to 1:00 p.m., thousands of retired truck drivers, spouses and widows will travel to Washington, D.C., for a rally on the West Lawn of the U.S. Capitol to urge policymakers and the Treasury Department to stop unprecedented cuts to their hard-earned pensions. These retirees are […]

Press Release
04/07/16

Pension Rights Center Applauds Release of Rule Protecting Investors from Conflicted Investment Advice

WASHINGTON – The Pension Rights Center applauds the U.S. Department of Labor for finalizing an important regulation to help ensure that financial advisers and brokers who give advice on investments in 401(k) plans and IRAs do so in the best interests of their clients. The Labor Department estimates that American families lose as much as […]