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Obama Signals Support for DOL Fiduciary Redraft

01/22/2015 | ThinkAdvisor

DOL fiduciary redraft said to be heading to OMB any day as opponents and supporters prepare for battle

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Court Watchers Looking at Plan Fees, Retiree Benefits, Church Plans in 2015

01/20/2015 | Bloomberg BNA's Pension & Benefits Reporter

Just as 2014 brought big rulings on stock-drop litigation and equitable remedies like reformation and surcharge, 2015 is shaping up to be another big year for ERISA litigation, with pending cases involving retiree health benefits, plan fee cases and ERISA's church plan exemption.

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Fiduciary Re-Proposal, Fee Disclosures On Deck for 2015; MEPs Wait in the Wings

01/20/2015 | Bloomberg BNA's Pension & Benefits Reporter

Top employee benefit issues for the Department of Labor in 2015 are similar to those in 2014: a re-proposal that would expand the definition of "fiduciary" under the Employee Retirement Income Security Act and guidance on plan fee disclosures.

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Latest News Releases (View all)

Public Interest Organizations Join Forces to Protect Americans’ Retirement Savings

01/15/2015

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

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PRC Statement on Retiree Pension-Cut Legislation Included in Omnibus Bill

12/17/2014

Washington – On December 16, President Obama signed the 2015 Omnibus spending bill. The new law contains provisions that allow certain underfunded multiemployer pension plans to cut retirees’ benefits. The Pension Rights Center released the following statement from Executive Vice President Karen Friedman:

 

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House Votes to Allow Pension Plan Trustees to Reduce Retiree Benefits

12/12/2014

Washington – The Pension Rights Center released the following statement from Executive Vice President Karen Friedman, following the passage by the U.S. House of Representatives of an omnibus spending bill that includes measures that allow certain underfunded multiemployer pension plans to cut retirees’ benefits:

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Speeches, Statements, and Letters (View all)

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

12/03/2014

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.

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

11/18/2014

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

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