Jump to Navigation
Happy Older Americans Month!

Older Americans Month

Join us as we celebrate Older Americans Month by highlighting the work of the Pension Counseling and Information Program.Watch the video.
The facts about church pension plans

The facts about church pension plans

Employees covered by church pension plans are denied basic protections provided to all other private-sector workers.Learn More.
Questions about IRAs?

Questions about IRAs?

How much can you contribute to an IRA? What's the difference between a Traditional and Roth IRA?Read our IRA fact sheets to find out.
Lump sum or annuity?

Lump sum or annuity?

Many retirees are being asked to make a critical decision about their retirement security.Read the fact sheet.

Latest News

Groups Give Early Praise to DOL ANPRM On Lifetime Income as a ‘Good First Step’

The Department of Labor’s recently issued advance notice of proposed rulemaking that would require lifetime income illustrations to be included on pension benefit statements is a "good first step" toward furthering retirement income education, retirement industry groups told BNA in a series of interviews.

 More...

PBGC Reverses Prior Position as It Agrees To Pay Benefits for Shuttered Hospital’s Plan

The Pension Benefit Guaranty Corporation announced May 10 that, in a reversal of a prior position, it would pay the pension benefits for more than 800 former employees of a New Jersey hospital center that closed in 2004.

 More...

‘Triumph of justice’: 800 pensions saved after feds cover $30M shortfall for closed hospital

Christmas will come early to 800 hospital workers whose pensions were at risk of being lost by December, thanks to a federal safety net program.

 More...
PBGC to take control of hospital pension plan

PBGC to take control of hospital pension plan

The PBGC will cover the pension benefits of nearly 800 former employees of the Hospital Center at Orange, after a change in legal status.

 More...
PRC applauds PBGC

Pension Rights Center Applauds the Pension Benefit Guaranty Corporation’s Take-Back of a Hospital Pension Plan

WASHINGTON — The Pension Rights Center applauds today’s decision by the Pension Benefit Guaranty Corporation (PBGC) to take over pension payments to more than 800 former employees of the now-defunct Hospital Center at Orange (HCO). More...

PRC thanks the PBGC for protecting Hospital Center at Orange retirees

On May 10, 2013, the Pension Benefit Guaranty Corporation (PBGC) announced that it would assume responsibility for the Hospital Center at Orange (HCO) pension plan, after the IRS More...

Former Lawmaker Sees Hope in Congress For Multiemployer Plan Recommendations

Greater congressional interest in retirement policy in recent years could help a proposal that would shore up the multiemployer retirement plan system get adopted into law, former Rep. Earl Pomeroy (D-N.D.) said May 2.

 More...

New Rule Signals Kiss of Death for Pensions

A little known rule change that allows companies to contribute fewer dollars to pension funds is signaling just how meaningless the retirement vehicle has become.

 More...
print