Statement of Norman Stein Before the ERISA Advisory Council Working Group on “Gaps in Retirement Savings Based on Race, Ethnicity and Gender”
Norman Stein testified before the ERISA Advisory Council’s Working Group on “Gaps in Retirement Savings Based on Race, Ethnicity and Gender.”
Comments to the IRS on the 2021-2022 Priority Guidance Plan
PRC submitted comments to the IRS on the agency’s guidance agenda for the coming year.
Senators revisit bill to create retirement account lost-and-found
A bipartisan bill to create a national online lost-and-found database for retirement accounts has been reintroduced in the Senate.
PRC letter to the Committee on Ways and Means in support of the Securing a Strong Retirement Act of 2021
PRC sent a letter to Chairman Neal and Ranking Member Brady of the House Ways and Means Committee in support of the Securing a Strong Retirement Act of 2021, particularly the provisions that address issues related to recoupment and lost retirement plans.
Retirement Plan Literacy—Answers to Common Questions: Part III
By David Brandolph In this, the third part of our April financial literacy month series, we answer one more of the top five questions that the Pension Rights Center commonly gets from people looking for a comfortable retirement. Part I of the series can be found here; Part II here. Unless stated otherwise, answers relate to company or […]
Retirement Plan Literacy—Answers to Common Questions: Part II
By David Brandolph In this, the second part of our April financial literacy month series, we answer two more of the top five questions that the Pension Rights Center commonly gets from people about their retirement benefits (Part I can be found here). Unless stated otherwise, answers relate to company or union sponsored private-sector retirement plans. Being […]
Retirement Plan Literacy – Answers to Common Questions
By David Brandolph April is financial literacy month. That is why you are likely to see publications offering articles with financial planning recommendations such as: set goals, track spending, boost savings, and understand concepts such as “diversification” and “compound interest.” Some articles may suggest that you can “become a millionaire” by the time you reach […]
Retirees Celebrate Historic Pension Victory
By Karen Friedman With the enactment of the Butch Lewis Emergency Pension Plan Relief Act, retirees across the country are “dancing in the streets” to celebrate the wonderful news that their pensions have been saved. Press the link to join the celebration and show-off your latest dance moves. We thought you’d like to see some of the […]
New Law Causes Musicians’ Pension Trustees to Rethink Benefit Cuts
For Immediate Release Contact: Karen Friedman, 202-320-6518 Tens of thousands of musicians— pianists, trumpeters, celloists, saxophonists and others— who were fighting cuts to their pensions are reaping immediate gains from the newly enacted Butch Lewis Emergency Pension Plan Relief Act, which was passed as part of the $1.9 trillion Covid-19 aid package, known as the American […]
With Butch Lewis Act, Workers Won Major Victory for Right to Secure Retirement
Tucked into the American Rescue Plan — the coronavirus stimulus that passed in early March — is the greatest victory for American workers in recent memory: the Butch Lewis Emergency Pension Plan Relief Act.
How the COVID relief bill saves union pensions
It didn’t get a lot of fanfare, but tucked into the just-passed COVID relief bill is a new program that will make a life-changing difference for over a million current and future union retirees.
3 Ways You Could Lose Your Pension and How to Save It
When was the last time you heard good news about pensions? Instead, you’ve probably seen alarming headlines such as these:
