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

Two States Consider De-Risking Legislation; Insurance Lawmaker Group Adopts Guidelines

03/24/2015 | Bloomberg BNA's Pension & Benefits Reporter

As more companies offload their defined benefit pension obligations to insurance companies in multibillion-dollar transactions, legislators in some states are starting to take notice and to consider laws that are aimed at protecting retirees.


6th Cir. Church Plan Case Against Ascension Remanded for Settlement Consideration

03/24/2015 | Bloomberg BNA's Pension & Benefits Reporter

The first church plan case to reach the federal appellate courts is being returned to the district court to consider a proposed settlement between the parties, according to an order issued by the U.S. Court of Appeals for the Sixth Circuit (Overall v. Ascension Health, 6th Cir., No. 14-1735, 3/17/15).


8 Questions To Ask Before Taking A Pension Lump Sum Offer

03/23/2015 | Forbes

When it comes to analyzing a lump sum pension offer, employees need more help. That’s the conclusion of a new Government Accountability Office report, Participants Need Better Information When Offered Lump Sums That Replace Their Lifetime Benefits.


Latest News Releases (View all)

Nation's Retirement Income Deficit Now $7.7 Trillion


Washington – Five years after it was first announced, the nation’s Retirement Income Deficit (RID) has risen from $6.6 trillion to $7.7 trillion.


Pension Rights Center Applauds Labor Department’s Release of Proposed Rule on Conflicted Investment Advice to OMB


Washington – In a long-awaited move towards protecting millions of workers and retirees by stopping conflicted financial advice in retirement savings plans, the U.S. Department of Labor (DOL) today sent a proposed fiduciary regulation to the Office of Management and Budget (OMB), which now has up to 90 days to review the rule.


Public Interest Organizations Join Forces to Protect Americans’ Retirement Savings


SaveOurRetirement.org will educate workers and retirees about the “Retirement Advice Loophole” – and mobilize public support to close it


Speeches, Statements, and Letters (View all)

Remarks by Karen Ferguson at the PBGC's 40th anniversary forum (January 12, 2015)


On January 12, 2015, The Pension Rights Center co-sponsored a forum, celebrating the 40th anniversary of the Pension Benefit Guaranty Corporation, the federal agency that insures most private pension plans.


PRC letter to Congress opposing "stealth" provisions that would cut retiree benefits in multiemployer plans


The Pension Rights Center sent a letter to every member of Congress, urging them to oppose measures that would allow certain multiemployer plans to cut the earned benefits of retirees.


PRC letter to OMB, supporting the collection of additional information from terminating pension plans (November 18, 2014)


The Pension Rights Center sent a brief letter to the Office of Management and Budget in support of the Pension Benefit Guaranty Corporation’s request to require addi