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PRC Perspectives Blog

Retirees demand candidates save their pensions

Posted by Karen Friedman on November 06, 2018

Political candidates vying for office in the midterms and beyond need to pay attention to fixing a key under-the-radar economic issue that has energized hundreds of thousands of committed working class voters concentrated in key battleground states, including Wisconsin, Michigan and Ohio.

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Retirees fear permanent Halloween horror if Congress fails to save pensions

Posted by Zachary Jenkins on October 30, 2018

Ghosts and goblins can be scary, but this Halloween tens of thousands of retirees across the country are counting on a special under-the-radar congressional committee to help them avoid the frightening prospect of losing their retirement benefits due to a pension plan insolvency crisis.

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Proposed legislation would provide new protections for women

Posted by Jane Smith on October 24, 2018

Our retirement system is based on the notion that most people work full-time throughout their lives. This is a concept that has framed the rules for retirement plans. However, a lifetime of full-time work is not the common practice for many women.

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Pension cuts law makes mockery of American democratic principles – Retirees to use democratic processes to fight back

Posted by Zachary Jenkins on October 17, 2018

The idea of one person, one vote, is a core principle of American democracy, and, consistent with this tenet, millions of citizens across the nation are expected to exercise their right to vote in elections taking place in the next few weeks.

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Are you a pension attorney? Join our network!

Posted by Karen Racowsky on October 09, 2018

As the Pension Rights Center’s Staff Attorney, I am usually on backup phone duty when Operations and Referrals Manager, Kyle Garrett, is at lunch or on another call.  Since Kyle is in charge of most of our intake, when he’s busy, I am usually the one who talks to retirees who aren’t getting the documents they requested and refer them to the Department of Labor, or I do some research and di

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The Joint Select Committee wants to hear from you

Posted by Emily Gilbert on September 26, 2018

We are quickly approaching the end of September and the deadline for stakeholders to submit their comments to the Joint Select Committee on Solvency of Multiemployer Pension Plans.

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Interconnected Disconnections: When Former Employees and their Retirement Plans Can’t Find Each Other

Posted by Emily Spreiser on August 17, 2018

When I was in high school I was very lucky to be able to go on a school trip to France with a bunch of other American students. One day we were touring a market in in the South of France and, eager to practice what I had learned in French class, I stopped at a stall and began striking up conversation with a very patient local vendor.

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Wall Street Journal article highlights “harsh” pension practice

Posted by Karen Friedman on August 06, 2018

This weekend’s edition of the Wall Street Journal features a front page article by Theo Francis highlighting pension plans’ practice of trying to recover money they have mistakenly paid their retirees, often years later when the retiree cannot afford to pay back the money.

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Inspiring trip to Columbus brings hope for multiemployer solution

Posted by Karen Friedman on July 16, 2018

I flew into Columbus, Ohio last Thursday to join with 12,000 retired and active miners, truck drivers, warehouse workers, ironworkers, spouses, and others who were part of a historic rally on the lawn outside the Ohio statehouse urging Congress to fix the pension crisis and keep pension promises.

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Dividing retirement benefits at divorce shouldn't be this hard

Posted by Emily Spreiser on June 19, 2018

For many people going through a divorce, obtaining a fair share of a former spouse’s retirement benefit is essential to ensuring financial security in old age. This is especially true for individuals who worked in the home while they were married, caring for children or sick or elderly relatives.

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