Jump to Navigation
Jump to Content

News Room

In the News (View all)

Some news web sites require free registration to read the entire article, and some links may expire within several days after the article's publication date.

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

No Easy Solutions to Help Multiemployer Pension Plans

10/24/2016 | Pension & Benefits Daily

Several options have been proposed to bolster the PBGC’s multiemployer pension program funding by altering its premium structure, but none have overwhelming appeal, and all would require some give from stakeholders, the American Academy of Actuaries said.


Upstate Teamsters Face 30% Pension Cut

10/24/2016 | WWNYTV.com

Retired after 18 years as a trucker, Morristown's Bill Mead faces an unpleasant fact. "The Teamsters fund is going belly up, for lack of a better word," he said. The upstate teamsters fund is asking the Treasury Department to okay a 31 percent cut in the monthly check for retirees. 


8 steps to seek retirement funding peace of mind

10/23/2016 | Knoxville News Sentinel

It’s always a good time to talk about retirement planning because many Americans near or at retirement are worried they’ll outlive their money. It’s a legitimate concern.


Latest News Releases (View all)

Joint Statement Opposing Consideration of “Composite” Pension Legislation


The International Association of Machinists and Aerospace Workers, the International Brotherhood of Boilermakers, the International Brotherhood of Teamsters, the National Retirees Legislative Network, the Pension Rights Center, and the United Steelworkers strongly oppose legislation


Pension Rights Center praises U.S. Treasury Department rejection of Central States Pension Fund application to cut retiree pensions


WASHINGTON – The Pension Rights Center joins hundreds of thousands of retired truck drivers, spouses, widows and active workers in praising the U.S. Department of the Treasury for rejecting the Central States Pension Fund’s application to cut its retirees’ pensions.


MEDIA ADVISORY: Retired truck drivers, spouses and widows to rally at U.S. Capitol to protest proposed pension cuts


WASHINGTON – Tomorrow, on Thursday, April 14th from 11:00 a.m. to 1:00 p.m., thousands of retired truck drivers, spouses and widows will travel to Washington, D.C., for a rally on the West Lawn of the U.S. Capitol to urge policymakers and the Treasury Department to stop unprecedented cuts to their hard-earned pensions.


Speeches, Statements, and Letters (View all)

Pension Rights Center comments to Treasury Department on Iron Workers Local 17 Pension Plan’s application to cut retiree benefits (October 14, 2016)


The Pension Rights Center submitted comments to the Treasury Department regarding the Iron Workers Local 17 Pension Plan’s application to cut retiree benefits under the Multiemployer Pension Reform Act of 2014. In its comments, the Center urges Treasury to reject the Iron Workers Local 17 application because:


Joint letter to Congress on threats posed by proposed "composite" multiemployer pension plans


the Pension Rights Center joined with retiree and labor organizations by sending a letter to the U.S. House of Representatives expressing extreme opposition to draft legislation that would create a new type of pension plan called a “composite” multiemployer plan.


Speech by Karen Friedman at the Breaking Through Power Conference (May 23, 2016)


Hello everyone and good morning!

I am so happy to be here on the opening day of “Breaking Through Power.” What an amazing event! First, I want to thank Ralph Nader and all the hard-working staff at the Center for the Study of Responsive Law who put this together.