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Hospital Workers’ Pension Plan On Life Support

Hospital Workers’ Pension Plan On Life Support

Rhode Island Public Radio: Hospital Workers’ Pension Plan On Life Support Listen here
Are you facing retiree pension cuts?

Facing retiree pension cuts?

Has your pension plan applied to cut retiree pensions?  Here's what you can do.
Pension Counseling & Information Program

Need legal help?

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

Latest News

New Multiemployer Bill Introduced at Amazing Media Event

Yesterday was the day we have all been waiting for, the culmination of more than three years of hard work by hundreds of thousands of retirees and their many advocates and supporters.

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PRC letters in support of multiemployer legislation introduced by Senator Sherrod Brown (D-OH) and Congressman Richard Neal (D-MA)

The Pension Rights Center sent a letter to U.S. Senator Sherrod Brown (D-OH), expressing its support for the Butch Lewis Act of 2017. Read the letter here [PDF].

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Senator Sherrod Brown and Congressman Richard Neal Introduce bills to save financially troubled multiemployer plans and protect retirees

WASHINGTON – The Pension Rights Center released letters today strongly endorsing new multiemployer legislation introduced by Senator Sherrod Brown (D-OH) and Congressman Richard Neal (D-MA).  The “Butch Lewis Act of 2017” and its House companion bill “The Rehabilitation of Multiemployer Pensions Act”  provide an innovative way to avoid retiree benefit reductions by providing relief to More...

Machinists pension latest to get treasury nod to cut benefits

The Treasury Department approved a reduction in pension benefits for 1,134 members of the International Association of Machinists Motor City Pension Plan.

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Wisconsin Fights for its Retired Workers

Kenneth Stribling retired from the trucking industry after more than 30 years of service. In the years since, however, the 65-year-old Teamster has been working overtime to fight for the retirement he was promised. More...

Role of retirement plans in tax debate highlights how poorly Americans are saving for retirement

The dust-up over 401(k)s is a good opportunity to remind everyone how bad the state of the average person's retirement plan is.

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Teamsters pension plan warns thousands of beneficiaries that the checks may get smaller

The Western Pennsylvania Teamsters fund — which has about 48 cents for every $1 in benefits it owes to retirees and workers — notified participants in April that it is considering cutting benefits in order to insure that the fund doesn’t become insolvent.

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Hospital Workers’ Pension Plan On Life Support

Across the country, millions of employees have entrusted their retirement savings to unregulated pension plans known as church plans. Many of these plans are run by church-affiliated schools, nursing homes and hospitals.

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New York State Teamsters’ pensions to be slashed because of unfair law

Last week, the news came in that workers and retirees voted in favor of pension cuts by the New York State Teamsters Pension Fund.
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DuPont offers buyouts to 9,500 pensioners

DuPont quietly offered about 9,500 of its U.S.retirees a chance to exchange their pensions for a lump-sum buyout or small monthly annuity.

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