Author: Emily Gilbert
PRC News, July 9, 2021
Multiemployer reform: We did it! For the past seven years, the Pension Rights Center has vigorously advocated – alongside tens of thousands of retirees and dozens of allied organizations – for a solution to the multiemployer crisis. We are thrilled to report that Congress passed legislation that will save multiemployer plans, protect the benefits of […]
Statement of Norman Stein Before the ERISA Advisory Council Working Group on “Gaps in Retirement Savings Based on Race, Ethnicity and Gender”
Norman Stein testified before the ERISA Advisory Council’s Working Group on “Gaps in Retirement Savings Based on Race, Ethnicity and Gender.”
Comments to the IRS on the 2021-2022 Priority Guidance Plan
PRC submitted comments to the IRS on the agency’s guidance agenda for the coming year.
PRC letter to the Committee on Ways and Means in support of the Securing a Strong Retirement Act of 2021
PRC sent a letter to Chairman Neal and Ranking Member Brady of the House Ways and Means Committee in support of the Securing a Strong Retirement Act of 2021, particularly the provisions that address issues related to recoupment and lost retirement plans.
Retirement Plan Literacy—Answers to Common Questions: Part III
By David Brandolph In this, the third part of our April financial literacy month series, we answer one more of the top five questions that the Pension Rights Center commonly gets from people looking for a comfortable retirement. Part I of the series can be found here; Part II here. Unless stated otherwise, answers relate to company or […]
Retirement Plan Literacy—Answers to Common Questions: Part II
By David Brandolph In this, the second part of our April financial literacy month series, we answer two more of the top five questions that the Pension Rights Center commonly gets from people about their retirement benefits (Part I can be found here). Unless stated otherwise, answers relate to company or union sponsored private-sector retirement plans. Being […]
Retirement Plan Literacy – Answers to Common Questions
By David Brandolph April is financial literacy month. That is why you are likely to see publications offering articles with financial planning recommendations such as: set goals, track spending, boost savings, and understand concepts such as “diversification” and “compound interest.” Some articles may suggest that you can “become a millionaire” by the time you reach […]
Retirees Celebrate Historic Pension Victory
By Karen Friedman With the enactment of the Butch Lewis Emergency Pension Plan Relief Act, retirees across the country are “dancing in the streets” to celebrate the wonderful news that their pensions have been saved. Press the link to join the celebration and show-off your latest dance moves. We thought you’d like to see some of the […]
New Law Causes Musicians’ Pension Trustees to Rethink Benefit Cuts
For Immediate Release Contact: Karen Friedman, 202-320-6518 Tens of thousands of musicians— pianists, trumpeters, celloists, saxophonists and others— who were fighting cuts to their pensions are reaping immediate gains from the newly enacted Butch Lewis Emergency Pension Plan Relief Act, which was passed as part of the $1.9 trillion Covid-19 aid package, known as the American […]
RRF Foundation for Aging releases issue brief on economic security later in life
By Karen Friedman The RRF Foundation for Aging is one of the few private foundations in the United States devoted exclusively to aging issues. Its mission is to improve the quality of life for older people. One of its Priority Areas is increasing economic security in later life. To further this goal, RRF recently released […]
Time to Celebrate! Congress Passes Legislation to Protect Retirees’ Pensions
For Immediate Release Contact: Karen Friedman, 202-296-3777 March 10, 2021 www.pensionrights.org The Pension Rights Center and workers and retirees across the nation are celebrating the passage of the Butch Lewis Emergency Pension Plan Relief Act, as part of the $1.9 trillion Covid-19 aid package. The Butch Lewis Act will protect the hard-earned benefits of […]
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.
