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

‘I’ll be robbed twice in one lifetime’: Retirees fearing financial disaster wait for pension rescue

08/30/2021 | MarketWatch

For Carol Podesta-Smallen, the pain of a broken promise grows worse with time.

The Garfield, N.J., retiree framed her first pension check, along with a picture of herself and her husband. “That was our retirement,” she says, referring to the monthly benefit she earned after 26 years as a clerical worker.


Lawmakers want to help retirement savers find their lost 401(k) and pension plans

08/20/2021 | CNBC

Help may be on the way for workers who lose track of their 401(k) accounts as they move from job to job throughout their careers.


Congressional proposal would limit when retirees must return pension overpayments

07/29/2021 | CNBC

For some retirees, getting a large pension payment can become a big problem. Let’s say a pension plan mistakenly has been paying a participant too much and requires the person to pay back the money, typically through reduced future payments.


Latest News Releases (View all)

New Law Causes Musicians’ Pension Trustees to Rethink Benefit Cuts


Tens of thousands of musicians— pianists, trumpeters, celloists, saxophonists and others— who were fighting cuts to their pensions are reaping immediate gains from the newly enacted Butch Lewis Emergency Pension Plan Relief Act, which was passed as part of the $1.9 trillion Covid-19 aid package, known as the American Resc


Time to Celebrate! Congress Passes Legislation to Protect Retirees’ Pensions


The Pension Rights Center and workers and retirees across the nation are celebrating the passage of the Butch Lewis Emergency Pension Plan Relief Act, as part of the $1.9 trillion Covid-19 aid package.


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


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


Speeches, Statements, and Letters (View all)

PRC comments to the PBGC on interim multiemployer financial assistance guidance (August 10, 2021)


PRC submitted comments to the Pension Benefit Guaranty Coorporation on the Interim Multiemployer Financial Assistance Regulation. Read the full comments here. 


Statement of Norman Stein Before the ERISA Advisory Council Working Group on “Gaps in Retirement Savings Based on Race, Ethnicity and Gender” (June 24, 2021)


Norman Stein testified before the ERISA Advisory Council’s Working Group on “Gaps in Retirement Savings Based on Race, Ethnicity and Gender.” Read his full testimony, here. 


Comments to the IRS on the 2021-2022 Priority Guidance Plan (May 28, 2021)


PRC submitted comments to the IRS on the agency's guidance agenda for the coming year. Read our comments here.