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The Pension Rights Center is mentioned in articles where you see the PRC icon.

Pension Rights Center Aims to Protect the Retirement Security of Millions of Americans Through Resources and Advocacy

11/20/2020 | badcredit.org

In a Nutshell: Pensions help supplement the Social Security income of millions of retirees each year and were supposed to be paid out in full when a worker reached retirement. However, many workers who are owed benefits have found them dramatically reduced, or denied altogether. More...

Transfer of Power

11/10/2020 | Comstock's Magazine

In March, Truckee-based Mountain Hardware and Sports was up against the toughest test of its 43-year record of no layoffs. As the economy was going into a deep freeze, company president Doug Wright sent a letter to his staff on March 17.

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The spectre of pension failures haunts this election

10/28/2020 | The Hill

It’s imperative that a new COVID-19 relief package — whenever it’s passed — shore up multiemployer pensions (retirement plans negotiated by a union with two or more employers), because if this piece of the retirement system is allowed to collapse, it would not only hurt current and future pensioners, it would deal an outsized blow to the employers who contribute to their plans, and to the econo More...

Latest News Releases (View all)

Jazz Musicians Paul Livant and Andy Snitzer Contribute “Service Award” to Pension Rights Center

01/08/2021

Andy Snitzer and Paul Livant, the named plaintiffs in a class action lawsuit against the trustees of the American Federation of Musicians and Employers Pension Fund (AFM-EPF), received a service award of $10,000 each when that case settled.  Rather than keep their awards, which compensated them for their time and the risks they took on, they decided to donate the full amount of their award

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Treasury Department rejects application by musicians’ pension fund to cut benefits – saving retirees’ pensions. Now it’s up to Congress to act!

08/13/2020

Musicians across the country are cheering the U.S. Treasury Department’s decision Tuesday to reject the application filed by the Trustees of the American Federation of Musicians and Employers’ Pension Fund (AFM-EPF) to reduce their benefits.

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Pension Rights Center Calls on Retirement Plan Participants to “Ask for Paper!” in Response to New Anti-Consumer Labor Department Disclosure Rule

07/27/2020

In response to the U.S. Department of Labor’s new anti-consumer “notice-and-access” disclosure regulation that goes into effect today, the Pension Rights Center is urging workers and retirees to tell their pension and 401(k) plans that they want to continue receiving their key retirement information on paper – not just by getting a text or email saying that the information is on a website.

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Speeches, Statements, and Letters (View all)

Pension Rights Center responds to the SPARK Institute's request for Guidance on Electronic Delivery Standards (January 11, 2021)

01/11/2021

The Pension Rights Center responded to a letter from the SPARK Institute requesting Guidance on Electronic Delivery Standards. Read the full letter here.

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Comments to Department of Labor on proposed class exemption “Improving Advice for Workers and Retirees.” (August 6, 2020

08/07/2020

PRC submitted comments to the Department of Labor on proposed class exemption “Improving Advice for Workers and Retirees.” Read the full comments here. 

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PRC and National Women's Law Center comments on Federal Retirement Thrift Investment Board rule allowing withdrawal from TSPs without spousal consent (May 18, 2020)

05/18/2020

The Pension Rights Center and the National Women's Law Center submitted comments to the Federal Retirement Thrift Investment Board expressing concerns on an Interim Rule allowing federal retirees to withdraw their Thrift Savings Plan money without notarized spousal consent during the COVID-19 emergency.

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