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PRC Perspectives Blog

Think the government is after your 401(k)? Think again.

Posted by Kyle Garrett on June 01, 2010

Have you heard that the government is planning to seize your 401(k) and use the money to send monkeys to Mars? Well, we haven't heard about the monkey part, but some people are making the claim that the government is gunning for workers' 401(k)s. More...

Social Security matters to America's budget - Don't cut it!

Posted by Joellen Leavelle on May 26, 2010

Over the last few months you've probably heard reports about the president's fiscal commission. Word around town is that this secretive commission, with its stated goal of reducing the federal deficit, is seriously considering cuts to Social Security. More...

New I.R.S. rules clarify when participants can sell company stock in 401(k) plans

Posted by Joellen Leavelle on May 20, 2010

Dow Jones Newswires reports that the Internal Revenue Service has released rules clarifying when participants in 401(k) plans can sell company stock held in their accounts.  More...

Happy Older Americans Month

Posted by Joellen Leavelle on May 05, 2010

May is Older Americans Month. The U.S. Administration on Aging has announced that this year's theme for the month is "Age Strong! Live Long!" which "recognizes the diversity and vitality of today's older Americans who span three generations." More...

Billionaires for Retirement INsecurity

Posted by Joellen Leavelle on April 29, 2010

Yesterday I joined friends from Social Security Works, OWL - The Voice of Midlife and Older Women, Social Security Matters, the Alliance for Retired Americans, the Economic Policy Institute, and others outside of the Ronald Reagan Building and International Trade Center as Pete Peterson (you know him, he's the one who is trying to scare everyone into thinking that Social Security is on its last legs - don't worry, it isn't) hosted a closed-door meeting of millionaires and billionaires, at which cutting Social Security was a primary point of discussion.  More...

In case you missed it

Posted by Joellen Leavelle on April 26, 2010

Here’s some of the latest news from the world of pensions: More...

Pensions around the world

Posted by Kyle Garrett on April 22, 2010

As someone who monitors the news on a daily basis, I often come across stories about retirement systems in other countries. Below are just a few of the recent articles that I thought were interesting. What can we learn from retirement income policies in other countries? More...

Brad Pitt and Angelina Jolie to adopt more children, but only if pension reform passes

Posted by on April 01, 2010

Today Brad Pitt and Angelina Jolie announced that they were committed to working toward a new universal pension system to ensure that all Americans - and particularly their six children - would be able to retire with dignity. More...

A victory for workers and retirees

Posted by Kyle Garrett on April 01, 2010
In December 2009, Visteon Corp. announced that it was going to terminate its pension plans, which cover some 21,000 workers and retirees, as part of the company's overall bankruptcy and reorganization effort.  More...

In case you missed it

Posted by Joellen Leavelle on March 29, 2010
Here’s some of the latest news from the world of pensions: More...
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