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Get the Facts

The Pension Rights Center has written numerous fact sheets, newsletters, pamphlets and books to promote public awareness of pension issues, and to help workers and retirees understand their pension plans and the laws and regulations that govern them. There are also many publications published by other organizations that provide helpful information about retirement programs.

Statistics (View All)

Why Pensions Are Important

This fact sheet explains the role pensions play in the overall retirement security of American workers, retirees, and their families.


Income of Today’s Older Adults

As concern about the adequacy of the nation's retirement income programs moves to the forefront of public debate, policymakers and the public are looking to statistics to argue for or against the need for reform. Because there is a wide range of data from a variety of sources, the statistics can be confusing.


How Much Is Saved in 401(k)s

Increasingly, retirement savings plans have become the way American workers accumulate the money they will need to supplement their Social Security payments in retirement.


Fact Sheets (View All)

Cash Balance Plans

A cash balance plan is a pension plan that has certain features of a 401(k) plan. A number of companies have converted their traditional pension plans into cash balance plans.


Multiemployer pension plans in "critical and declining" status

The recently-enacted Multiemployer Pension Reform Act of 2014 allows the trustees of certain multiemployer pension plans to reduce pensions, including the benefits of retirees. Read a summary of the cutback provisions of the law here.


Companies that have transferred pensions to insurance companies

Below is a list of employers that have transferred their pension obligations for certain retirees and former employees to insurance companies by purchasing annuities.

(Note: this is not a comprehensive list. These are only the changes that we are aware of, based on corporate press releases, news reports, and other sources.)


Reports (View All)

Retirement Security 2015: Roadmap for Policy Makers | Americans’ Views of the Retirement Crisis

A new nationwide public opinion research report finds that an overwhelming majority of Americans – 86 percent – believe the nation faces a retirement crisis. These findings are contained in a new research report...

Participants Need Better Information When Offered Lump Sums That Replace Their L

Participants Need Better Information When Offered Lump Sums That Replace Their Lifetime Benefits

Since 2012, a number of large pension plan sponsors have given selected participants a limited-time option of receiving their retirement benefits in the form of a lump sum. Although sponsors' decisions to make certain lump sum “window” offers may be permissible by law, questions have been raised about participants' understanding of the financial tradeoffs associated with their choice.


Retirement Savings Flows and Financial Advice: Should You Roll Over Your 401(k) Plan?

This paper addresses several issues relating to rollovers from 401(k) plans to IRAs, including the extent of inertia among pension participants, the extent to which defaults (which are to not rollover) are effective in influencing behavior of participants, the extent of financial errors made by pension participants, the quality of advice pension participants are receiving (and how that may be a


Books (View All)

Longevity Policy: Facing Up to Longevity Issues Affecting Social Security, Pensions, and Older Workers

Turner argues that public policy should recognize longevity policy as a distinct policy area. Rather than separately treating issues raised by life expectancy (e.g., Social Security, pensions, older workers), a unified approach should be developed that recognizes their interrelationship.