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PRC Perspectives Blog

Another look at living independently in retirement

Posted by on April 03, 2013

Living independently is a goal for many who are approaching or thinking about retirement. While most people don't expect to move to a gated retirement community with a golf-course, they do hope to have adequate financial resources to live modestly and with dignity. How much will they need?

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Marriage equality and retirement equality

Posted by Joellen Leavelle on March 25, 2013

Tomorrow, the U.S. Supreme Court will hear oral arguments in the first of two cases that may change the retirement landscape for millions of Americans: Hollingsworth v. Perry (the second case, U.S. v Windsor, will be heard on Wednesday). What do these cases, both dealing with same-sex marriage, have to do with retirement security, you wonder?

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It’s Time to Take the Risk Out of Retirement

Posted by Kyle Garrett on November 07, 2012

Amidst the deluge of polls, electoral counts, and predictions for yesterday’s election, a different number was released that shows the grim state of Americans’ retirement security.

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NFL sacks referees’ retirement security

Posted by Joellen Leavelle on September 28, 2012

If you’re a sports fan, chances are that you’ve heard about the standoff between the NFL and its referees. The impasse, resolved on Thursday, resulted in three weeks of officiating by replacement referees who, according to some, fumbled more calls than the players. For many, this would have been the news. However, we at the Pension Rights Center

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How Safe Are the New GM Retirees’ Annuities?

Posted by Kyle Garrett on August 31, 2012

Back in June, thousands of salaried General Motors retirees were given seven weeks to decide whether to take their pension as a lump sum or continue with their lifetime monthly payments.

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Great news for the land of Lincoln!

Posted by Nancy Hwa on July 06, 2012

The Pension Rights Center is delighted to welcome the Illinois Pension Assistance Project (IPAP) as the latest addition to the Pension Counseling and Information Program.

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Highway bill includes good news and bad news -- for pensions?

Posted by on June 29, 2012

Today, Congress passed H.R. 4348, Moving Ahead for Progress in the 21st Century Act, which, among other things, re-authorized funding for the nation's highways and extended the current low interest rate on student loans. Why is the Pension Rights Center following this bill?

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GM's pension move is a lemon

Posted by Nancy Hwa on June 06, 2012

Last week, General Motors announced that it will offer 42,000 of its salaried retirees the opportunity to take their lifetime monthly pension benefits as a one-time lump-sum payment.

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Can we call it a comeback...for DB plans?

Posted by Joellen Leavelle on April 03, 2012

I hope so. According to a newly-released Towers Watson survey, it looks like defined benefit pension plans are making a comeback – especially among younger workers. 

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Relying on tonight’s Mega Millions jackpot to fund your retirement?

Posted by Joellen Leavelle on March 30, 2012

Looking for ways to finance your retirement? If you’re like Jason Schutz of St. Cloud, Minnesota and you only have a 401(k) plan, you might have bought a lottery ticket for tonight’s record-breaking $640 million Mega Millions jackpot.

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