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PRC Perspectives Blog

Composite bill: Another threat to multiemployer pension plans

Posted by Joellen Leavelle on November 18, 2016

Earlier this fall, a U.S. House of Representatives subcommittee held a hearing on draft legislation that has the potential to undermine the stability of the multiemployer pension system.

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A superhero night to remember

Posted by Joellen Leavelle on October 20, 2016

If you’ve attended any of our past celebrations, you know that we at the Pension Rights Center know how to throw a party! And that’s just what we did to celebrate our 40th anniversary.

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New white paper: Employee Stock Ownership Plans: Are They Worth the Risks?

Posted by Emily Spreiser on July 05, 2016

Employee Stock Ownership Plans, or “ESOPs,” are retirement plans that invest in employer stock. They are growing in popularity not only because they receive tax benefits that are not available to other types of retirement plans, but also because of their philosophical appeal: they let the employees own part or all of the company that they work for.

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Older Americans Month

Posted by Joellen Leavelle on May 31, 2016

May is Older Americans Month, a time designated by the U.S. Administration on Aging (AoA) to celebrate the contributions older Americans make to society.

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Retirees to Congress and Treasury Department: Don't cut our pensions!

Posted by Joellen Leavelle on April 19, 2016

Last Thursday, more than 2,000 retirees from around the country visited Washington, D.C., to tell Congress and policymakers one thing: Don’t cut our pensions. These retired truck drivers, warehouse workers, dock workers, widows, spouses and other retired Teamsters attended a rally held at the U.S. Capitol to protest devastating pension cuts that could affect more than 270,000 people.

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Retirees protest proposed pension cuts

Posted by Karen Friedman on March 13, 2016

The last few weeks have been busy for retirees who are working around the clock to stop the pension cuts proposed by the Central States Pension Fund that would affect hundreds of thousands of retired truck drivers, spouses and widows. 

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In memory of Butch Lewis

Posted by Karen Friedman on January 05, 2016

We at the Pension Rights Center extend our deepest sympathies to the family of Butch Lewis who passed away on December 31, 2015.

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This is what we do: help people

Posted by Nancy Hwa on November 30, 2015

My colleague Kyle often brings to my attention news articles that might merit a response from us. Sometimes the article contains a factual error. Sometimes we disagree with a statement in the article and write an opposing view in a letter to the editor. Sometimes we have additional information to add. 

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A big step forward for state-based initiatives

Posted by Karen Friedman on November 23, 2015

For the past 15 years, one of the Center’s top priorities has been to find innovative ways of finishing the formidable task of expanding pensions and retirement savings for the about 50 percent of the workforce – 70 million Americans – who are not currently participating in an employer-sponsored retirement savings or pension plan.

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The fight to protect savers from bad financial advice heats up

Posted by Joellen Leavelle on November 06, 2015

The U.S. Department of Labor’s effort to update its fiduciary rules – rules that protect Americans trying to save for retirement – has reached yet another new level.

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