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PRC Perspectives Blog

[UPDATED] American Airlines’ bankruptcy – what does it mean for its pensions?

Posted by Nancy Hwa on December 14, 2011

No doubt you’ve heard that American Airlines has filed for bankruptcy. The airline has four underfunded pension plans, and their fate is the source of much speculation. Despite meetings the company has held with employees to discuss their pensions, workers remain concerned.


Is your pension plan having a religious conversion? Here's what you can do.

Posted by Joellen Leavelle on December 01, 2011

Have you received a notice informing you that your pension plan is seeking approval from the Internal Revenue Service to convert to a “church plan”?  Here’s what this means to your retirement – and what you can do about it.


Have seniors gotten rich at the expense of young adults?

Posted by on November 21, 2011

You might think so if you read some recent stories in the news about wealth differences among generations. But you may want to think again.


"Retirement Heist: Overlooked Causes of the Retirement Crisis."

Posted by Nancy Hwa on November 11, 2011

On Monday, the Pension Rights Center, the New America Foundation, and AARP hosted a discussion, "Retirement Heist: Overlooked Causes of the Retirement Crisis." The forum centered on investigative journalist Ellen Schultz’s new book, Retirement Heist, which we’ve mentioned before. Speakers included the author herself, Assistant Labor Secretary Phyllis Borzi, David Certner of AARP, Don Fuerst of the American Academy of Actuaries, Michael Calabrese of the New America Foundation, and our own director, Karen Ferguson


Retirement Heist steals the spotlight

Posted by Nancy Hwa on September 29, 2011

Today, Morning Edition on NPR featured an interview with former Wall Street Journal reporter Ellen Schultz about her new book, Retirement Heist.


Shining a light on a hidden pension world

Posted by Kyle Garrett on September 19, 2011

In a new book, Retirement Heist, prize-winning journalist Ellen Schultz has provided the ultimate backstage pass to the world of pensions, with plenty of drama and shocking details.


A race to the bottom?

Posted by Joellen Leavelle on September 14, 2011

New Census Bureau data released earlier this week shows that more Americans are living in poverty now than at any time since 1993. While an increase might be understandable, given the uncertain economy, the numbers are still staggering.


Why regulations matter

Posted by on July 20, 2011

In today’s anti-government political environment, there’s a lot of rhetoric thrown around about the bugaboo “excessive regulation.”


PBGC urges bankruptcy court to protect pensions for Harry & David employees

Posted by Rebecca Davis on July 06, 2011

The Pension Benefit Guaranty Corporation (PBGC) recently announced that it has asked a bankruptcy court to continue the company’s defined benefit pension plan, siding with the employees and retirees of Harry & David Holdings Inc.

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