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The spectre of pension failures haunts this election

Read Karen Friedman's new opinion piece in The Hill.  Read here

Dividing retirement benefits at divorce

A helpful new guide for individuals who have questions about dividing retirement benefits at divorce. Read our blog to learn more.

New rule may affect how you get information from your retirement plan

Read our fact sheets on the new rule
Pension Counseling & Information Program

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The Pension Counseling and Information Program can help with any retirement plan questions.  Get free legal help with pension problems.

Latest News

$81.2B Rescue For Union Pensions Greenlit For COVID-19 Bill

A Senate official has confirmed that Congress can include a fix for the $81.2 billion union pension funding crisis in its coronavirus relief bill, which is moving through Congress via a special fast-tracked process reserved for budget-related legislation.

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COVID-19 Relief Bill Could Rescue Union Retirees' Pensions

The COVID-19 pandemic relief legislation set for a vote this week in the House contains a provision to save struggling union pension plans that experts say has a good shot at passing, forecasting a possible end to a $65 billion funding crisis that threatens one million retirees' pensions.

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Why We Need a New Approach to Retirement Income Planning

If you are feeling nervous about funding your retirement, you’re not alone. A survey of more than 3,200 baby boomers by financial firm Allianz found that more than 6 in 10 baby boomers feared running out of money before they died more than death itself. The reason for this anxiety is that retirement has changed significantly over the past decades.

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Prospects Brighten for Much Needed Pension Rescue Bill as It Heads to House Floor Vote

The House Ways and Means Committee significantly boosted the prospect for passage of much needed pension relief that would protect the hard-earned and promised benefits of active and retired truck drivers, nurses and health care workers, plumbers and construction trade workers – people who we now recognize and honor as America’s essential workers in this time of crisis.

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Welcome Labor Department Guidance on Missing Participants

Recently issued Department of Labor guidance is an important step toward resolving the “missing participants” problem.  

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PRC letter to the Committee on Ways and Means in support of the Butch Lewis Emergency Pension Plan Relief Act of 2021 (February 10, 2021)

PRC sent a letter to the Committee on Ways and Means expressing our support for the Butch Lewis Emergency Pension Plan Relief Act of 2021. Read the full letter here. 

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Securing a Strong Retirement Act of 2020

On October 27, 2020 House Ways and Means Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX) introduced the Securing a Strong Retirement Act of 2020 (H.R. 8696), a bipartisan bill with some important provisions for retirement plan participants.

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NIRS Report Says U.S. Gets Overwhelming Economic Benefit from Pension Payments

Payments from traditional pension plans generated a staggering $1.3 trillion in U.S. economic output in 2018, according to a report recently released by the National Institute on Retirement Security (NIRS).

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Pension Rights Center responds to the SPARK Institute's request for Guidance on Electronic Delivery Standards (January 11, 2021)

The Pension Rights Center responded to a letter from the SPARK Institute requesting Guidance on Electronic Delivery Standards. Read the full letter here.

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Jazz Musicians Paul Livant and Andy Snitzer Contribute “Service Award” to Pension Rights Center

Andy Snitzer and Paul Livant, the named plaintiffs in a class action lawsuit against the trustees of the American Federation of Musicians and Employers Pension Fund (AFM-EPF), received a service award of $10,000 each when that case settled.  Rather than keep their awards, which compensated them for their time and the risks they took on, they decided to donate the full amount of their award More...

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