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
01/18/23
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 In the News
07/26/22
‘I had to get this fight done no matter what’: It took retired trucker Mike Walden nine years, but reinstated benefits recently started flowing to multiemployer pension participants across America.
Blogs & Newsletters
02/08/19
By Emily Gilbert Wednesday on Capitol Hill, the House Ways and Means Committee held a wide-ranging hearing about retirement security. The chairman of the Committee, Richard Neal (D-MA), opened by saying he hoped this could be the first of “many conversations” about this topic, and he reiterated his commitment to finding a solution to the […]
Blogs & Newsletters
12/14/18
By Jane Smith Among the many year-end bills that are circulating in the U.S. Senate and House of Representatives are a number that include fixes for Individual Retirement Accounts (IRAs) and 401(k)-type retirement savings plans. Some of the fixes are found in several bills; others are in just one of the bills. The bills are […]
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