House Committee to Tackle Retirement Issues in Feb. 6 Hearing
The House Ways and Means Committee under the lead of the new Chairman Richard Neal (D-MA) will hear testimony Wednesday morning on “Improving Retirement Security for America’s Workers.” Among those testifying will be Cynthia McDaniel, the wife of a retired Missouri truck driver who suffered a near-fatal heart attack soon after learning that his hard-earned […]
Super Bowl weekend – A time to honor and reward former NFL players
By David Brandolph As the National Football League basks in the glory of Super Bowl weekend, thousands of former players who laid the foundation for the league’s prosperity are fighting for fair pensions. The NFL’s season will conclude this Sunday when either the Los Angeles Rams or New England Patriots lay claim as league champion […]
PBGC Advocate’s Report Highlights Issues Important to Retirees
By Emily Spreiser Recently we posted a five-part “Know Your Agencies” blog series covering government agencies that play a role in regulating retirement plans. Our third post focused on the Pension Benefit Guaranty Corporation (PBGC), a federal agency that acts as an insurer for pension plans sponsored by private employers. Since the PBGC pays benefits […]
Retirement news roundup: articles you may have missed!
By Emily Gilbert It can be hard to keep up with the news, especially during the holiday season. Here’s a roundup of some of the best retirement news articles we’ve seen over the past month: For American Workers, 4 Key Retirement Issues to Watch in 2019 (The New York Times) New York Times reporter Mark […]
Comments to the Department of Labor on Proposed Exemption Involving Retirement Clearinghouse, LLC
On January 10, 2019 the Pension Rights Center submitted comments to the Employee Benefits Security Administration’s Office of Exempt Determinations (OED) concerning a proposed exemption to the prohibited transaction provisions of ERISA. The application for the exemption was submitted by the Retirement Clearinghouse, LLC (RCH) to permit the imposition of a fee to certain participant […]
For American Workers, 4 Key Retirement Issues to Watch in 2019
It’s going to be a busy year in Washington and state capitals for policymakers working to improve the retirement security of millions of Americans.
Retirement Savings Plan Provisions on Capitol Hill
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 […]
Know Your Agencies #4: What Parts of the Government Regulate Retirement, and How they Can Help
By Emily Spreiser Post 4 of 5: agencies regulating retirement benefits for government employees The Pension Rights Center is located in Washington, D.C., where people regularly joke about how the government is made of “alphabet soup” because it consists of so many different agencies that we refer to by different combinations of letters. Sometimes figuring […]
Know Your Agencies #3: What Parts of the Government Regulate Retirement, and How they Can Help
By Emily Spreiser Post 3 of 5: Pension Benefit Guaranty Corporation (PBGC) The Pension Rights Center is located in Washington, D.C., where people regularly joke about how the government is made of “alphabet soup” because it consists of so many different agencies that we refer to by different combinations of letters. Sometimes figuring out which […]
Know Your Agencies #2: What parts of the government regulate retirement, and how they can help
By Emily Spreiser Post 2 of 5: The Internal Revenue Service (IRS) The Pension Rights Center is located in Washington, D.C., where people regularly joke about how the government is made of “alphabet soup” because it consists of so many different agencies that we refer to by different combinations of letters. Sometimes figuring out which […]
Worried about a missing pension or 401(k)? Here’s where you can get help
Randy Sigley, 63, who grew up in West Virginia, remembers that jobs were hard to come by in the mid-1970s so he headed to Ohio to work in a factory making concrete pipe.
Whither the American pension?
The sudden erosion of pension benefits for 1,100 former employees of the old St. Clare’s Hospital in Schenectady is a scenario that isn’t supposed to happen.
