News Room

Are you looking for the most recent retirement news?

Here you will find articles, blog posts, press releases, newsletters and more. You can read the most recent information below, and you can also search for materials on specific retirement topics by using the filters in the yellow boxes on the left.

Blogs & Newsletters
03/11/22

Butch Lewis Act Working to Protect and Restore Pension Benefits

By David Brandolph Substantial progress is being made in meeting the Butch Lewis Emergency Pension Plan Relief Act’s (Butch Lewis Act) objective of rescuing severely underfunded multiemployer defined benefit pension plans and reinstating benefits to thousands of plan members, many of whom have experienced devastating benefit cuts. The Road Carriers Local 707 Pension Plan in […]

Blogs & Newsletters
03/07/22

Social Media Storm Celebrates PRC and Karen Ferguson

By Katie Jonckheer February 17th was a momentous day at the Pension Rights Center. As we wrote in our most recent blog, this day was PRC’s 46th anniversary and the birthday of our founder Karen Ferguson, who sadly died on December 23rd, 2021. To honor Karen’s legacy and celebrate the PRC, we spearheaded a Twitter […]

Press Release
02/16/22

Consumer Groups and Others to Launch Retirement-Security-For-All Call for Action

For Immediate Release Tomorrow, February 17th, the consumer advocacy organization the Pension Rights Center and other like-minded groups will be celebrating PRC’s 46th anniversary. They will also be celebrating the birthday of the Center’s late founder, Karen Ferguson, who died in late December. On this special day, PRC will be joined by Social Security Works […]

Blogs & Newsletters
02/15/22

A Day of Celebration and Resolve for Realizing PRC’s Vision

By David Brandolph February 17th will be a day to celebrate where the Pension Rights Center has been and where it’s heading. Not only is it the PRC’s 46th anniversary, it’s also the birthday of the Center’s founder and hero, Karen Ferguson, who sadly died on December 23, 2021. While we miss Karen deeply, we […]

Press Release
01/24/22

Local 707 retirees in New York on road to getting benefits restored due to Butch Lewis Act and PBGC

For Immediate Release                   Contact: Karen Friedman, 202-296-3776 The Pension Benefit Guaranty Corporation (PBGC), the federal agency that backstops failing pension plans, recently announced some great news— that it has, for the fourth time in less than one month, approved financial assistance under the Butch Lewis Emergency Pension […]

Blogs & Newsletters
01/19/22

Pension Rights Center Committed to Further Karen Ferguson’s Legacy

By David Brandolph The recent death of Karen Ferguson, the Pension Rights Center’s founder, president and revered leader for nearly 46 years, has been a painful blow not only to those of us who knew, admired and loved her, but also to the millions of current and future retirees and their families who benefited knowingly […]

Blogs & Newsletters
01/10/22

PRC Fact Sheet Answers Questions on Multiemployer Plan Rescue Law’s Implementation

By David Brandolph Last March 11 was a joyous day for the Pension Rights Center, multiemployer defined benefit plan members, plan retirees and their families. Thanks to a joint (and painstaking) seven-year effort to inform and convince Congress of the need to address the systemic threat posed by a pension plan insolvency calamity, President Joseph […]

PRC In the News
01/07/22|The Wall Street Journal

Nonprofit Leader Crusaded Quietly to Protect Pension Benefits

Karen Ferguson, who has died at age 80, built coalitions in Washington and took phone calls from people struggling to obtain promised payments

PRC In the News
12/30/21|The New York Times

Karen Ferguson, Fighter for Pension Rights, Dies at 80

She started as one of Ralph Nader’s “Nader Raiders” and, after developing an expertise in retirement systems, became a leading advocate for workers’ rights.

PRC In the News
12/29/21|The Washington Post

Karen Ferguson, founder of pension watchdog group, dies at 80

Karen Ferguson, the founder of the Pension Rights Center, a nonprofit organization that seeks to protect the interests of workers and retired people and helps promote legislation on their behalf, died Dec. 23 at her home in Washington. She was 80.

Speeches & Statements
12/29/21

PRC staff and board of directors, together with national leaders, deeply mourn the passing of their hero and guiding light, Karen Ferguson

It is with deep sadness and the heaviest of hearts that the staff and board of directors of the Pension Rights Center announce the death of Karen Ferguson, the Center’s president and founder, who died on December 23rd from cancer. The Pension Rights Center is a national consumer organization that works to protect the retirement […]

Blogs & Newsletters
12/03/21

John Deere workers successfully resist demand for pension freeze of new hires

By David Brandolph Chalk up a victory for a traditional defined benefit pension plan and its members. About 10,000 striking John Deere Co. workers are returning to work under a new contract that, among other provisions, removes language from an initial tentative bargaining agreement that would have prevented new employees from joining the company’s pension […]

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