Pension News

Earlier this week, the Pension Rights Center’s list of companies that have suspended their 401(k) matching contributions reached 100. (more…)

The Supreme Court recently ruled that a retirement plan could follow its own rules even if they were inconsistent with the terms of a divorce decree. The decision is an important one, not just because of the legal precedent that it sets, but also because it serves as an important warning to anyone who has a retirement savings plan. (more…)

In my work here at the Pension Rights Center, one of my responsibilities is to update the list of companies that have suspended matching 401(k) contributions. This week I’ve had to add more than 15 companies to this list. Even worse, some of these companies are suspending matching 401(k) contributions and freezing their traditional pensions, leaving more and more workers out in the cold. (more…)

A new report from the Congressional Research Service shows that we still have a long way to go when it comes to ensuring that American workers are covered by workplace retirement plans.

In fact, we’ve taken a few steps back. (more…)