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The Pension Rights Center’s policy activities target shortcomings in the nation’s retirement programs and develop realistic reform measures. We testify frequently before congressional committees, comment on proposed agency regulations, publish analyses of pending legislation, and advise policymakers, and national and grassroots organizations. More than a dozen federal laws and regulations are directly traceable to Center initiatives. As a result, millions of retirees, widows, and divorced women are now receiving pensions.

Spotlight

Final 401(k) Fee Disclosure Regulations

Final 401(k) Fee Disclosure Regulations

On October 20, 2010, the Department of Labor issued final regulations that require private retirement savings plans, such as 401(k)s, to tell employees how much they are being charged in record-keeping, investment management and other fees.

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Legislation (View All)

Bill would automatically enroll employees in workplace IRAs

On August 5, 2010 Senator Jeff Bingaman (D-NM) introduced the Automatic IRA Act of 2010 (S.

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Bill Would Require Plans to Disclose 401(k) Purchasing Power

On December 3, 2009 Senator Jeff Bingaman (D-NM), Senator Johnny Isakson (R-GA) and Senator Herb Kohl (D-WI) introduced the Lifetime Income Disclosure Act (S. 2832) [PDF] into the Senate.

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Regulations (View All)

Electronic Disclosure by Employee Benefit Plans

The U.S. Department of Labor issued a Request for Information regarding electronic disclosure by employee benefit plans. Read the Center's comments.

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Proposed Regulations on Target Date Funds

The Department of Labor has proposed regulations on "target date" funds.  If adopted, the proposed regulations would require 401(k) plans to give employees more information about a type of mutual fund that changes the percentage of stocks and bonds held in the fund as people grow older.

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Court Cases (View All)

Court Overturns Cash Balance Ruling

Overturning a 2003 federal district court ruling, the U.S Court of Appeals for the Seventh Circuit found that IBM did not discriminate against older employees when it adopted its cash balance plan.

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