PRC In the News
Sen. Sherrod Brown co-chairs committee to fix union pensions, but solution won’t be easy
Members of the Senate and House have been picked to try to preserve union retirees’ pensions without a raid on the federal Pension Benefit Guaranty Corp., and Ohio’s U.S. Sens. Sherrod Brown and Rob Portman are among them.
Portman added to pension committee
Sen. Rob Portman will join the joint committee tasked with solving a pension crisis, which has endangered the pensions of 60,000 Ohio workers and retirees.
Sherrod Brown to co-chair committee tackling pension crisis
Sen. Sherrod Brown will co-chair a bipartisan commission tasked with solving a pension crisis that put more than 60,000 Ohioans and 1.5 million workers and retirees’ pensions at risk.
Editorial: A retirement plan for all
THE ISSUE: A revised plan offers a chance for most private-sector workers to build retirement savings.
Will new congressional panel safeguard retirees’ pensions?
Butch Lewis was one year into retirement when he received a letter that might have marked the beginning of the end of his life.
Congressional committee to tackle pension reform
The bipartisan budget deal the U.S. Senate reached Wednesday also will create a bipartisan joint House and Senate Committee aimed at solving a pension crisis that is endangering more than 60,000 Ohioans and 1.5 million workers and retirees across the country.
Age Spots: Looking for money in the right places
Many times at Aging Matters we get calls from people who need help finding a pension they believe they should be getting, but can’t seem to find any information for.
Blue-Collar workers cheer Senate Democrats’ pension plan
House and Senate Democrats were cheered by more than 70 union members on Wednesday after unveiling a bill to keep worker pensions funded.
Schumer: Democrats Want to Shore Up Pensions for Union Workers in Year-End Spending Bill
“Democrats are fighting for a pension solution in the year-end spending bill,” Sen. Chuck Schumer (D-N.Y.) said on Tuesday.
DOL Issues Final Rule Delaying Best-Interest Measures For Retirement Plans
Today, the Department of Labor (DOL) issued a final rule delaying the applicability of the full protections of the conflict of interest fiduciary rule by a full year and a half, from January 1, 2018 to July 1, 2019.
Machinists pension latest to get treasury nod to cut benefits
The Treasury Department approved a reduction in pension benefits for 1,134 members of the International Association of Machinists Motor City Pension Plan.
Wisconsin Fights for its Retired Workers
Kenneth Stribling retired from the trucking industry after more than 30 years of service. In the years since, however, the 65-year-old Teamster has been working overtime to fight for the retirement he was promised. Like 10 million others, he spent the majority of his career paying into a multiemployer pension fund, often negotiating wage cuts, […]
