Speeches & Statements

Statement of the Pension Rights Center in support of HB 6145 (February 26, 2013)
On February 26, Karen Friedman testified before the Committee on Labor and Public Employees of the Connecticut General Assembly in support of H.B. 6145, “An Act Providing Protection to Retirees from Discrimination in Pension De-Risking Strategies.” Below are her remarks. Mr. Chairman, Members of the Committee, my name is Karen Friedman, and I am […]

Statement of the Pension Rights Center in support of SB 885 (February 26, 2013)
On February 26, Karen Friedman testified before the Committee on Aging of the Connecticut General Assembly in support of S.B. 885, “An Act Establishing a Task Force to Evaluate the Utility of Creating a Public Retirement Plan.” Below is her written testimony. Senator Ayala, Representative Serra, Members of the Committee, thank you for this […]

Remarks by Karen Friedman at NASI’s 25th Annual Policy Research Conference (January 31, 2013)
PRC’s Executive Vice President and Policy Director spoke at the 25th Annual Policy Research Conference sponsored by the National Academy of Social Insurance today. Below are her remarks on “Saving for Retirement in Addition to Social Security.” Thank you so much to the National Academy of Social Insurance for inviting me today. I am focusing […]

PRC participates in a Senate HELP Committee roundtable discussion on the future of pensions (September 20, 2012)
On September 20, the Senate Committee on Health, Education, Labor, and Pensions held a roundtable discussion on “Pension Modernization for a 21st Century Workforce.” Eight panelists, including the Pension Rights Center’s Karen Friedman, were invited to discuss three questions about the future of pensions and to submit written responses to the questions. Karen’s written responses […]

Remarks by Karen Friedman at a CalPERS Town Hall Meeting on the Pension Crisis (August 16, 2012)
It’s great to be here in Anaheim. Thank you very much to CalPERS for inviting me to speak at this town hall meeting on the pension crisis in America. Before I start, I’d like survey the room. How many people here are retired? How many of you have good defined benefit plans? And how many […]

Speech by Karen Friedman at the 2012 Latino Retirement Security Summit (April 25, 2012)
Thank you to Jeff and to Latinos for a Secure Retirement for inviting me today to speak at this conference. It is indeed a pleasure to be here today on this panel to provide a consumer perspective on technology issues that relate to retirement. However, before I get into technology issues, I want to make […]

Remarks by Karen Friedman at a discussion of the U.S. Chamber of Commerce’s white paper, “Private Retirement Benefits in the 21st Century: A Path Forward” (April 23, 2012)
Thank you so much to Aliya and the U.S. Chamber of Commerce for inviting me to speak today. I am delighted to be here on behalf of the Pension Rights Center to provide a consumer perspective on some of the critical retirement issues presented in the Chamber’s white paper, “Private Retirement Benefits in the 21st […]

Pension Rights Center testifies in support of a Connecticut bill about public retirement plans (March 6, 2012)
Written Statement by Karen Friedman of the Pension Rights Center in Support of H.B. 5337, an Act Establishing a Task Force to Evaluate the Utility of Creating a Public Retirement PlanBefore the Committee on Aging of the Connecticut General Assembly Mr. Chairman, Members of the Committee, thank you for this opportunity to testify today. My […]

Remarks by Karen Ferguson at “Retirement Heist: Overlooked Causes of the Retirement Crisis” (November 7, 2011)
We at the Pension Rights Center are absolutely delighted to be co-sponsoring this event. We are pleased to be able to discuss Ellen’s book and the extraordinary impact of her reporting over the years. It has had an amazing effect on the lives of so many employees and retirees. We are also delighted to once […]

Pension Rights Center testifies on tax expenditures in retirement plans (September 15, 2011)
At a hearing before the U.S. Senate Committee on Finance, Pension Rights Center Executive Vice President and Policy Director Karen Friedman called on lawmakers to re-examine the tax incentives associated with 401(k) plans and other retirement savings plans — not as a way to reduce the federal budget deficit — but as a way to […]

Pension Rights Center testifies in support of proposed fiduciary rules (July 26, 2011)
The Pension Rights Center’s Senior Policy Advisor Norman Stein testified in support of the Department of Labor’s proposed fiduciary regulations at a hearing held by the Subcommittee on Health, Employment, Labor and Pensions of the Committee on Education and the Workforce in the U.S. House of Representatives. Read his testimony. Related: Letter and memo that […]

Retirement USA statement to the House Subcommittee on Health, Employment, Labor, and Pensionson on retirement security (June 14, 2011)
Retirement USA submitted a statement to the House Subcommittee on Health, Employment, Labor, and Pensions for its hearing on “Retirement Security: Challenges Confronting Pension Plan Sponsors, Workers and Retirees.” The statement discusses the Retirement Income Deficit, the need to keep Social Security and Medicare strong, and Retirement USA’s 12 principles for a new retirement system,