PRC Perspectives Blog

Here at PRC, we often hear from people who worked for a company that has since moved, been bought, or gone out of business, and they cannot find their retirement plan. The good news is that Congress seems to be getting closer to addressing this issue. In May of 2021, Senators Elizabeth Warren (D-MA) and Steve Daines (R-MT) re-introduced the Retirement Savings Lost and Found Act (S.1730).

In this, the second part of our April financial literacy month series, we answer two more of the top five questions that the Pension Rights Center commonly gets from people about their retirement benefits (Part I can be found here).

With the enactment of the Butch Lewis Emergency Pension Plan Relief Act, retirees across the country are “dancing in the streets” to celebrate the wonderful news that their pensions have been saved. Press the link to join the celebration and show-off your latest dance moves.

The House Ways and Means Committee significantly boosted the prospect for passage of much needed pension relief that would protect the hard-earned and promised benefits of active and retired truck drivers, nurses and health care workers, plumbers and construction trade workers – people who we now recognize and honor as America’s essential workers in this time of crisis.