Blogs & Newsletters
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 […]
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 […]
Prospects Brighten for Much Needed Pension Rescue Bill as It Heads to House Floor Vote
By David Brandolph The House Ways and Means Committee significantly boosted the prospect for passage of much needed pension relief that would protect the hard-earned and promised benefits of active and retired truck drivers, nurses and health care workers, plumbers and construction trade workers – people who we now recognize and honor as America’s essential […]
PRC News, February 19, 2021
Wow…Our 45th anniversary is here! Forty-five years ago this week, consumer advocate Ralph Nader handed Karen Ferguson a key to an office, a check for $10,000 and told her to “make pensions an issue.” And with those four words, the Pension Rights Center was born. With gumption and a vision for a future where all […]
Welcome Labor Department Guidance on Missing Participants
By Jane Smith Recently issued Department of Labor guidance is an important step toward resolving the “missing participants” problem. Following several years of investigating how plans do, or do not, stay in touch with former employees who are due benefits, in January 2021, the Labor Department published a best practices guide for pension and retirement […]
NIRS Report Says U.S. Gets Overwhelming Economic Benefit from Pension Payments
By David Brandolph Payments from traditional pension plans generated a staggering $1.3 trillion in U.S. economic output in 2018, according to a report recently released by the National Institute on Retirement Security (NIRS). The NIRS report, Pensionomics 2021: Measuring the Economic Impact of Defined Benefit Pension Expenditures, showed that, in 2018, some $578.7 billion in pension benefits […]
RRF Foundation for Aging’s president urges action to address plight of older adults
By Karen Friedman While Americans of all ages are cheering the prospect of vaccinations, the pandemic has already “put older people’s economic well-being at risk,” Mary O’Donnell, president of the RRF Foundation for Aging, said in an important and timely op-ed recently published in Crain’s Chicago Business. When the pandemic landed ashore earlier this year, many people […]
Retirement & Divorce: New Report Highlights What We Don’t Know
By Emily Spreiser In August 2020, the U.S. Government Accountability Office (GAO) published a report on qualified domestic relations orders, or QDROs. For those not familiar with what the GAO does, it’s an agency that responds to inquiries from members of Congress who want to know more about how federal tax dollars are being spent in order […]
PRC News, November 24, 2020
As Thanksgiving approaches, we want to wish you and yours a warm and safe holiday. Although traditions may have to change this year, what won’t change are the Pension Rights Center’s untiring efforts to protect and promote retirement security for workers and retirees and their families. Below you will read what we’ve been up to […]
