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Karen Friedman on pension fraud

Karen Friedman on pension fraud

A widow gets scammed out a a portion of her pension. Karen Friedman: Financial institutions need "layers of protection" to prevent pension fraud. Watch the video.
U.S. Treasury Department rejects proposed retiree pension cuts

U.S. Treasury Department rejects proposed retiree pension cuts

"A victory for democracy,” says Karen Friedman. Read our press release.
State-based retirement plans

States get in on the action

28 states have looked into ways of offering automatic retirement savings plans to workers. Read our fact sheet to get the specifics.  Read the fact sheet
Pension Counseling & Information Program

Pension Counseling and Information Program

Learn how the pension counseling projects help clients obtain their retirement benefits. Watch the video.

Latest News

SAVE UPs Act mandating emplolyer contributions introduced

Rep. Joseph Crowley, D-New York, today introduced legislation intended to aggressively improve access to workplace retirement savings plans.


Speaking out on Section 385

Now that opponents of the Treasury Department’s proposed Section 385 regulation have failed — so far — to stall its momentum, the next outlet for critics and supporters will come Thursday, at an IRS hearing. 


Three LI multi-employer pension funds struggle financially

Three union pension funds based on Long Island, and dozens nationwide, have warned the U.S. Department of Labor that they are in danger of running out of money to pay retiree benefits because they have too few workers supporting too many retirees, according to filings and pension experts.


Pension covering hundreds of of YRC Worldwide employees faces insolvency

A pension fund that covers hundreds of YRC Worldwide Inc. employees in the New York City area faces insolvency in a matter of months.


Con Artists Hijack Widow's Monthly Pension

Retirees with pensions depend on their check arriving on time each month. Now, internet hackers are diverting millions of dollars from both social security and companies distributing pension checks.


Deny Hospital Church Plan Status, Groups Tell 10th Circuit

The multimillion-dollar battle over whether hospital pension plans can claim a religious exemption from federal law heated up this week, when retiree and religious freedom industry groups told an appellate court to rule against Colorado-based Catholic Health Initiatives.


Three Recent Wins Prove Old-Fashioned Union Power Isn't Dead Yet

Three big wins for workers in the last nine months arrived where you might least expect them: in the old, blue-collar economy. That’s the economy where unions are down to 6.7 percent, where wins are rare and workers are supposed to be on their way out.


Problems with ESOPs

An employee stock ownership plan (ESOP) is a retirement plan in which investments are made primarily in the employer’s stockMore...

The Retirement Savings Lost and Found Act

Legislation introduced by Senators Elizabeth Warren (D- MA) and Steve Daines (R-MT) is aimed at solving a problem that affects so many retirement plan participants and retirees today – the problem of lost retirement benefits. The Retirement Savings Lost and Found Act of 2016 (S. More...