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Is My Retirement Plan at Risk Due to the COVID-19 Crisis?

We have been getting a lot of questions from individuals about whether their retirement plan is at risk due to the current crisis.  Read our new blog here

COVID-19 response should include fix for multiemployer pensions

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Retirement plans and divorce: What you need to know

The COVID-19 pandemic could affect couples in the midst of a divorce.  Read our blog to learn more.
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

New government "hide and seek" rule tells workers to hunt for retirement information on websites

In the midst of an economic collapse and at a time of heightened financial insecurity, the U.S. Department of Labor has issued a regulation that tells workers and retirees that to find information about their retirement rights they will have to hunt for it on a website.

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On Saving Pensions, One Step to Go, On Composites and GROW, We Say No!

PRC is thrilled that on May 15, as part of the latest COVID-19 relief bill (known as the HEROES Act), the House of Representatives passed the well-crafted Emergency Pension Plan Relief Act (EPPRA) to shore-up underfunded multiemployer pension plans. We urge the Senate to ensure that EPPRA’s provisions are retained in any compromise bill it works out with the House.

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PRC and National Women's Law Center comments on Federal Retirement Thrift Investment Board rule allowing withdrawal from TSPs without spousal consent (May 18, 2020)

The Pension Rights Center and the National Women's Law Center submitted comments to the Federal Retirement Thrift Investment Board expressing concerns on an Interim Rule allowing federal retirees to withdraw their Thrift Savings Plan money without notarized spousal consent during the COVID-19 emergency. More...

House relief act comes with multiemployer changes – and controversy

The House narrowly approved another coronavirus relief legislative package late Friday that includes major changes for multiemployer pension plans, but with far less bipartisan support than previous measures.

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Summary of CARES Act provisions relating to retirement plans

Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act, Public Law 116-136) in response to the economic downturn caused by the coronavirus pandemic. The Act includes several items designed to ease employees’ access to their retirement funds and certain provisions allowing employers to delay contributions to their pension plans. More...

America needs pension relief in HEROES Act — NOT the GROW Act

With the House of Representatives poised to vote on the next COVID-19 relief package, known as the HEROES Act, the Pension Rights Center applauds the congressional leaders who have included within the massive bill the important provisions of the Emergency Pension Plan Relief Act (EPPRA) which will strengthen the nation’s multiemployer pension system. More...

Notes From Home

Our last day in the PRC office was March 13th, so we are in our 10th week of working from home. It’s been a busy time, and we’ve all found different ways to adjust and be productive from our homes. Here’s what some of us have been up to.

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Letter to leaders in Congress in support of EPPRA and in opposition of composite legislation (May 12, 2020)

PRC and other organizations sent a letter to Speaker Pelosi, Majority Leader McConnell, Leader McCarthy, and Leader Schumer, urging them to pass the Emergency Pension Plan Relief Act, but strongly opposing composite legislation, including the GROW Act. Read the full letter here. 

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House Bill Promises Free Coronavirus Treatment, Pension Aid

House Democrats' $3 trillion proposal for the next coronavirus relief package, released Tuesday, promises free coronavirus treatment, aid to troubled pension plans and more benefits assistance to out-of-work Americans, including help with health insurance payments and access to enhanced unemployment benefits until January.

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Consumer advocate recognizes PRC’s “long-term fighters for justice”

In his May 6 In the Public Interest blog post, “We honor what we value – entertainers over saviors,” renowned consumer advocate Ralph Nader notes that the public and the media heap tons of attention on sports figures, inducting them into Halls of Fame and making documentaries and fe More...

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