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Keep Our Pension Promises Act

Keep Our Pension Promises Act

A bill introduced into Congress would protect the pensions of more than 1 million retirees. Learn more
An end to conflicted investment advice?

An end to conflicted investment advice?

A proposed regulation takes steps toward protecting 401(k) and IRA investments. Read our statement.
Karen Friedman discusses retiree pension cuts on C-SPAN

Karen Friedman discusses retiree pension cuts on C-SPAN

Karen Friedman takes Q&A about retiree pension benefit cuts on C-SPAN's Washington Journal. Watch now.
States get in on the action

States get in on the action

Illinois becomes the first state to offer automatic retirement savings plans to workers. Learn what other states are up to.  Read the fact sheet

Latest News

PBGC Partition Rules Give Clear Guidance, Will Help Preserve Plans, Commenters Say

Regulations issued by the Department of Treasury and the Pension Benefit Guaranty Corporation will help troubled multiemployer plans from sliding into insolvency, but not without forcing participants and beneficiaries to make hard choices, pension professionals told Bloomberg BNA in recent interviews.

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Keep Our Pension Promises Act of 2015

The Keep Our Pension Promises Act of 2015 repeals the “benefit suspension” provisions of the Multiemployer Pension Reform Act of 2014 (MPRA) enacted at the end of the last Congress. More...

Critics question proposed rules for cutting pensions

Six months after Congress approved reducing benefits promised to workers covered by certain troubled pension plans, the IRS and the Pension Benefit Guaranty Corp. have published proposed rules for how pension promises can be broken.

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ERISA’s Demise: The Domino Effect and Huelga: Story from a Casino Utility Closet

ERISA’s Demise: The Domino Effect and Huelga: Story from a Casino Utility Closet

PRC Executive Vice President and Policy Director Karen Friedman appeared on this radio program to discuss Sen. Bernie Sanders' bill to repeal benefit cutbacks for retirees in certain underfunded multiemployer pension plans. Karen's segment begins at 19:40 in the podcast and lasts for approximately 30 minutes. [AUDIO]

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Groups start working to pass federal law intended to stave off private pension cuts

Mike Walden used a baseball metaphor in describing the introduction Thursday of federal legislation that would, if passed, eliminate pension cut provisions that are now law and could impact more than a million people in upcoming years.

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Teamsters, machinists, aerospace unions supports bill to repeal multiemployer reforms

International Brotherhood of Teamsters, Washington, endorsed legislation introduced Thursday that would repeal the Multiemployer Pension Reform Act of 2014.

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Sen. Bernie Sanders and Rep. Marcy Kaptur Act to Stop Devastating Cuts to Retir

Sen. Bernie Sanders and Rep. Marcy Kaptur Act to Stop Devastating Cuts to Retirees' Pensions

WASHINGTON – The Pension Rights Center strongly praised Senator Bernie Sanders (I-Vt.) and Representative Marcy Kaptur (D-Ohio) for introducing legislation today that would repeal the pension cutback provisions of the Multiemployer Pension Reform Act of 2014 (MPR More...

Ohio congresswoman Marcy Kaptur, Bernie Sanders offer new legislation to repeal private pension cut provisions

Presidential candidate Bernie Sanders and U.S. Rep. Marcy Kaptur, D-Toledo, are introducing legislation Thursday to repeal pension cut provisions in the Multiemployer Pension Reform Act of 2014.

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IRS's W. Thomas Reeder Nominated To Lead PBGC; Pick Widely Lauded

President Barack Obama nominated W. Thomas Reeder Jr. as director of the Pension Benefit Guaranty Corporation, and initial reaction the day after was positive from various realms of the employee benefits community.

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