Proposals to change the nation’s pension, retirement savings plan, and Individual Retirement Account laws are continually before the U.S. Congress.
Currently, a number of proposals affecting employees, retirees, and their families are under consideration by Congress. Others have been passed and signed into law. These bills and laws are often complicated, but when individuals take the time to understand them and make their views heard, it can make all the difference to their future retirement security.
When Congress passes legislation, it often requires government agencies to issue rules interpreting important aspects of the new laws. The agencies are required to publish their proposed regulations and to invite the public to comment on them. They also often hold hearings where anyone can ask to speak. When the agencies issue their final regulations, these are also published.
Blogs & Newsletters
03/19/25
By Jane Smith Looking for your retirement benefits from a former employer? The Department of Labor has developed a searchable online database that may make it easier for former employees to find their earned benefits. The Retirement Savings Lost and Found Database is a resource for employees who separated from employment and still have earned retirement […]
Blogs & Newsletters
05/07/24
New “No conflicts” Retirement Investment Rule Rolled Out Pension Rights Center Executive Director Karen Friedman joined other members of the Save Our Retirement Coalition at the White House in April for the Biden Administration’s announcement of a new U.S. Department of Labor rule to protect retirement income security. The rule requires that investment advice given […]
Blogs & Newsletters
04/03/24
A whopping 83% of working age Americans surveyed agree that having a pension makes it more likely to have a secure retirement, the National Institute on Retirement Security found in a recent study. Without a pension, most middle-class Americans won’t accumulate enough savings to be self-sufficient in retirement, NIRS said. The survey found that 77% […]
PRC In the News
03/25/24
Labor Department guidance requires employers seek out the “safest available annuity,” Norman Stein, senior policy counsel for the Pension Rights Center, said. That standard may not be satisfied if employers opt to work with an insurance company facing significant criticism instead of one that’s universally respected, he said.
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