PRC Perspectives Blog

This week’s issue of Time features an article by Stephen Gandel called “How 401(k)s Make Many Americans Poorer.” It sheds light on a new study conducted by the Urban Institute and published by the Center for Retirement Research. The study finds that employees at companies that provide an employer match to 401(k) contributions tend to have lower salaries than employees at companies that do not contribute to employee retirement plans.

Have you received a notice informing you that your pension plan is seeking approval from the Internal Revenue Service to convert to a “church plan”?  Here’s what this means to your retirement – and what you can do about it.

On Monday, the Pension Rights Center, the New America Foundation, and AARP hosted a discussion, "Retirement Heist: Overlooked Causes of the Retirement Crisis." The forum centered on investigative journalist Ellen Schultz’s new book, Retirement Heist, which we’ve mentioned before. Speakers included the author herself, Assistant Labor Secretary Phyllis Borzi, David Certner of AARP, Don Fuerst of the American Academy of Actuaries, Michael Calabrese of the New America Foundation, and our own director, Karen Ferguson. 

In a new book, Retirement Heist, prize-winning journalist Ellen Schultz has provided the ultimate backstage pass to the world of pensions, with plenty of drama and shocking details.