Blogs & Newsletters
PRC News, Spring 2023
PRC urges IRS to protect spouses The Pension Rights Center (PRC) filed comments with the IRS/Treasury Department on March 30th urging the agency to strengthen – not weaken – critical legal protections for spouses’ retirement security. In its letter, PRC registered its strong disapproval of an IRS proposed rule that would eliminate the long-standing requirement […]
Ralph Nader Radio Hour Features Pension Rights Center
By David Brandolph Pension Rights Center Executive Director Karen Friedman was recently interviewed on the Ralph Nader Radio Hour (the interview begins at 27:48) about current retirement issues. Referring to the protests over retirement issues in France, Friedman started the interview by telling Nader and co-hosts Steve Skovran and David Feldman that “Retirement issues are so […]
Racial and Income Inequities Threaten Older Workers’ Retirement Security, Study Shows
By Jane Smith A joint study from The New School’s Schwartz Center for Economic Policy Analysis (SCEPA) and the Economic Policy Institute (EPI) provides insight into the systemic inequities and retirement challenges faced by lower income workers, particularly Black and Hispanic people and women. As a result, many people must overcome substantial hurdles to achieve […]
Happy Valentine’s Day from the PRC
Happy Valentine’s Day! As we celebrate this day of love and appreciation, we want to take a moment to recognize the love you have shown for the Pension Rights Center and the love we have for all of you. Thanks to you, we can continue our mission to protect and promote the retirement security of […]
PRC applauds passage of priority consumer protections in new retirement law
By Karen Friedman The Pension Rights Center (PRC) applauds the recent inclusion of several key consumer provisions in the Setting Every Community up for Retirement Enhancement Act (better known as SECURE 2.0), a retirement legislative package that was passed as part of the Omnibus spending legislation, which President Biden signed into law on December 29th. […]
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 […]
Pension Rights Center Supports Domestic Partner’s Claim for Survivor Benefits
By David Brandolph The Pension Rights Center is the Resource Center providing legal and strategic assistance to a network of six Pension Counseling and Information projects that assists people in 31 states get the retirement plan benefits they’ve earned. Recently, PRC worked with Madeleine Tabor, an attorney with the Western States Pension Assistance Project to […]
Pension Rights Center’s Founder Karen Ferguson Receives Award Posthumously Recognizing Her Importance to Employee Benefits Field
By David Brandolph The International Foundation of Employee Benefit Plans (IFEBP) recently bestowed its 2022 Public Service Award on the Pension Rights Center’s late founder and president, Karen Ferguson, who died in December. “Her life’s work was focused on challenging the systems in place to find a better path for a secure retirement,” Kevin E. […]
PRC receives major cy pres award
By Karen Friedman The Pension Rights Center is a national nonprofit consumer organization that relies on your support to continue the important work we do. And we appreciate every contribution that we receive – large and small. Today we are especially grateful to have been chosen to receive a special kind of donation called a […]
PRC News, April 28, 2022
PRC launches new website. We’re excited to announce that our website has a new look and a new design, featuring several new sections to showcase our work and key issues to help you find what you are looking for. Do you need assistance with your retirement benefit? Our Find Help page can help you locate […]
Don’t Put Your Retirement Assets at Risk–Avoid Becoming a ‘Money Mule’
By David Brandolph Everyone needs to know about a type of financial scam that’s been exploding in frequency and could cause victims to lose their life savings, including their retirement nest egg. The scam uses “money mules” to hide or launder illegally obtained money. Money mules are people recruited by fraudsters to receive funds coming […]
Labor Department Sounds Alarm on 401(k) Cryptocurrency Investments
By Jane Smith The U.S. Labor Department’s Employee Benefits Security Administration (EBSA) has recently issued guidance warning about the risks involved in offering and using cryptocurrency as investment options in 401(k)-type retirement plans. In a Compliance Assistance Release issued March 10, the Department said it has “become aware of firms marketing investments in cryptocurrencies to […]
