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PRC Perspectives Blog

Senator cites the Retirement Income Deficit

Posted by Nancy Hwa on June 06, 2011

In May, Senators Herb Kohl (D-WI) and Mike Enzi (R-WY) introduced S. 1020, the Savings Enhancement by Alleviating Leakage in 401(k) Savings Act of 2011, or SEAL Act.

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Gold-Plated Retirement?

Posted by Kyle Garrett on June 01, 2011

In “The elderly are better off than advertisedWashington Post columnist Robert J. Samuelson attacks what he calls “selective and self-serving statistics” that have been cited by defenders of Social Security and Medicare. According to Samuelson, such statistics are used to oppose cuts in these vital programs and support an “outdated

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Retirement under attack

Posted by on May 23, 2011

Look out, people, Congress is launching an all-out attack on the retirement security of current and future retirees.

Under the guise of cutting federal and state budget deficits, there is a an all-out assault on Social Security, Medicare and public pension plans – all programs that are central to providing economic well-being

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The "happiest place on earth” doesn’t have retirement security

Posted by on May 17, 2011

It appears that Mickey Mouse and Donald Duck may find themselves in deep trouble when they retire.

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Oklahoma appreciates its military spouses

Posted by Rebecca Davis on May 06, 2011

Today is Military Spouse Appreciation Day. A fitting day to tell you all that current and former military spouses (especially those in Oklahoma) can breathe a sigh of relief.

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GE's deep pension freeze

Posted by Rebecca Davis on February 24, 2011

When I first saw the story that General Electric (GE) was closing its traditional pension plan to new hires I thought about lifelong activist and friend Helen Quirini and knew that she would be furious!  Helen was a long-time GE employee who fought for cost-of-living adjustments in GE retirement plans. 

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What's in a Name?

Posted by on February 15, 2011

At the Pension Rights Center, we deal with a lot of technical language that can be puzzling to people who don’t work on retirement income issues.  But the meaning of words is important, even if you don’t use them every day, and, when it comes to the law, a word’s meaning can make all the difference.

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Welcome to our redesigned website

Posted by Joellen Leavelle on January 19, 2011

Welcome to the Pension Rights Center's newly redesigned website! While it may seem like it happened overnight, this redesign took months of planning to ensure that you, the visitors to our website, would be able to more easily find and share the information and resources that the Pension Rights Center is known for.

So, what exactly is new on our website? Read on to find out…

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We shouldn't settle for a 'C' in retirement

Posted by Nancy Hwa on October 25, 2010

For the second consecutive year, the Australian Centre for Financial Studies and human resources consulting firm Mercer have issued the Melbourne Mercer Global Pension Index, which compares retirement income systems of several different nations and rates them based on their "adequacy, sustainability, and integrity." 

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A sobering thought on International Day of Older Persons

Posted by on October 01, 2010

October 1 is International Day of Older Persons, a day to raise awareness about issues affecting older people and to appreciate the contributions they make to society.

So it is fitting that today we look at how older Americans are faring in retirement. One way to measure the wellbeing of the elderly is to measure the degree to which they live in poverty. By measuring poverty, we are able to learn the extent to which a nation's retirement system provides adequate income. More...

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