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PRC Perspectives Blog

Glimmers of hope for victims of unfair pension takebacks

Posted by Nancy Hwa on April 16, 2015

In a recent article, “Can They Grab Your Pension?”, AARP Bulletin highlights the problem of recoupment – when a pension plan overpays a retiree and then demands that the retiree pay back the ove

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Signed, Sealed and Delivered! 1,500+ comments delivered to the Internal Revenue Service

Posted by Joellen Leavelle on April 07, 2015

Yesterday afternoon, Karen Friedman, Nancy Hwa and I hand-delivered more than 1,500 comments to the Internal Revenue Service.

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Spouses should have a say in whether survivor benefits will be provided

Posted by Kyle Garrett on March 26, 2015

A recent New York Post article drew attention to a widow facing a tragic situation. Her husband, a retired police officer, had taken his own life. Without going into the grisly details of the case, her husband wanted to cause his wife as much pain as possible.

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President Obama calls for new consumer protections

Posted by Karen Friedman on February 24, 2015

At a briefing hosted by AARP yesterday, I had the privilege of watching President Obama announce his support for a proposed rule to put a brake on conflicts of interest in investment advice for retirement acco

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PBGC report highlights importance of pension counseling

Posted by Joellen Leavelle on February 10, 2015

We at the Pension Rights Center have long recognized the important role that U.S. Administration on Aging’s Pension Counseling and Information Program (PCIP) plays in protecting the legal rights of retirees and their families.

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High marks for retirement plans

Posted by Karen Friedman on January 23, 2015

This week, President Obama unveiled his economic fixes for the middle-class. Among them was a proposal for Automatic IRAs, which he has championed since the Administration’s early days.

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Happy 40th, ERISA!

Posted by Joellen Leavelle on September 05, 2014

Forty years ago this week, bell-bottom jeans were still in style, the Vietnam War was coming to a close, and Watergate was still riveting the nation.  

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The Case of the Deleted Social Security Data: Why It is Bad for Workers and Retirees

Posted by Karen Friedman on August 14, 2014

In their 2014 report on the finances of Social Security, the trustees of the system deleted key information on the replacement rates of Social Security. What’s the harm in that, right?

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Pensions lost and (hopefully) found

Posted by Joellen Leavelle on August 08, 2014

Imagine earning a pension after many years of hard work with a company. Then you leave your employer before retiring and without claiming your pension. When you reach retirement age, you expect to be able to start receiving that pension but you are unable to find the employer or the plan. Your pension plan is “lost”.

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Unemployed today, no retirement savings tomorrow

Posted by Joellen Leavelle on July 21, 2014

Last week, I accompanied Karen Friedman to Witness Wednesday, where she spoke about the fact that too many people who have lost their jobs and whose unemployment benefits have expired have had to dip into their 401(k) savings to pay for basic needs.

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